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IPFS News Link • Precious Metals

Von Greyerz: Gold ETFs Offer Zero Wealth Protection

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Mine closures and selling restrictions are causing shortages of precious metals in the retail sector, but ETF's are experiencing large inflows of funds.

Where do they get the gold, if at all? Is it still possible to invest large sums in gold via Matterhorn?

01:15 2.3 Trillion Dollar stimulus temporarily hold the market

02:10 50% upward correction, new lows ahead?

03:10 A cycle of 200 years or longer is over

04:20 The FED balance sheet is inflated, as expected

05:00 All central banks will expand the balance sheets, print

05:50 Hyperinflation results from currency collapse, not demand

06:20 US debt doubles every 8 years

07:00 2008 will not be repeated, a success of printing is unlikely

08:10 Gold in Euro reaches a new record high

09:05 FED balance Sheet/Gold chart speaks for Further Gold Rise

11:05 Gold is manipulated via the paper market

11:40 Physical scarcity of gold and silver, supply diminishing

12:10 ETFs record high inflows Where does the metal come from?

13:20 Gold ETF's do not protect your assets

14:50 Central banks and bullion banks lend the same gold to ETFs multiple times

16:10 ETF's are useless in a banking crisis

17:10 Can Matterhorn now fulfill great demand for gold?

17:45 Swiss refineries are again operating at 25% of capacity

18:05 Investments in gold at Matterhorn are now (still) possible without problems