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DERIVATIVES ARE NOW 15 TIMES WORLD GDP BUT HERE IS AN EVEN MORE FRIGHTENING PROBLEM
King World News
jULY 24, 2016
With continued uncertainty in global markets, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned King World News about a problem that is even more frightening than derivatives being 15 times world GDP.
(King World News) Egon von Greyerz: “Real gold versus Pokémon GO? That’s a simple choice for most people because shortly after launch there are already more than 30 million users of the game Pokémon GO (PG). And for a long time gold has not attracted the same interest but that is likely to change in the next few years. Not that gold and PG in any way are competing in the same marketplace…
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