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Home>Opinions and Analysis>Deflationary implosion imminent without massive money creation, von Greyerz says

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Deflationary implosion imminent without massive money creation, von Greyerz says

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Chris Powell

GATA

Published : June 06th, 2012

52 words - Reading time : less than a minute

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Category : Opinions and Analysis

A worldwide deflationary implosion is imminent unless central banks begin a massive program of money creation, gold fund manager Egon von Greyerz tells King World News today. He adds that central bank demand for gold remains strong. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/5_Gre...

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Chris Powell 13 abonnés

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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