Egon von Greyerz - Sector rotation offers a unique opportunity #gold #investment #stocks #bubble

Hinzugefügt: 2026-05-18

[00:00:00]Other hard assets will probably also profit in the coming years because this energy crisis, I think, will be a catalyst for the financial deterioration of the state finances. We will now see the hockey stick go even more rampant upwards of the debt levels, of course.

[00:00:22]And Tavi Costa has a nice graphic published on X that shows that we have so much room left in credit. Real assets versus financial assets.

[00:00:34]Can you believe this, Egon?

[00:00:37]Here is the height of 1980 and the percentage or the relationship of real versus financial assets, it's still so low, although we saw this massive increase in gold and silver and copper, for instance, other commodities, but the financial assets have increased even more in the past time.

[00:01:01]This is a sick movement. It has to correct and there is so much room. We are still at the bottom, literally.

[00:01:09]Isn't this a wonderful graph, Jan? It's absolutely This is quite remarkable. So, the you're talking about here real assets being down by almost 90% 80 to 90% against financial assets. And this graph is now turning up and you will see the biggest wealth transfer in history as this graph goes up to the one level and above it, in my view, far above it.

[00:01:38]And and you know, people who hold these financial assets, which are paper assets, of course, will lose everything if they don't swap their financial assets, their paper assets, to real assets. And the same The graph, for example, you take the S&P 500 against gold, it's in the similar position. Gold is at the very bottom.

[00:02:01]In a similar chart of course, gold is at the very bottom and it's just turned up against the S&P now. Long term chart just like this one.

[00:02:10]And that means the same stock markets are going to crash in real terms against real assets.

[00:02:19]And gold is going to go up dramatically.

[00:02:21]I expect paper assets to to whether they are financial assets or stock markets or they will lose 90 to 95% in the coming years against against real assets. And when the number one real asset is of course gold and then some silver. So and that's the people who don't realize that. And people I beg people do something about it today. Don't hang on to the stock market. Stock market might go up a little more because it always finishes on a it obviously on a high before it turns. So it might go up a little more. Don't worry about it because you might have another 5 to 10% up or nothing. But but but the risk on the downside is 90-95% full against gold and silver. That risk is not worth taking.

[00:03:09]You know, is today you should switch and you should switch to physical. And that is real wealth preservation. And that people who don't do it are going to be very very sorry in coming years because all the paper assets that they have and all the paper wealth that they think they have measured in paper money that's going down by the day. All of that will just disappear like like I just a puff of smoke.

[00:03:33]And and but but you have the opportunity now to swap the mainly people are interested in real assets gold and silver listening to this. But I wish other people would listen because that would save them dramatically from absolute financial disaster in coming years.

[00:04:09]>> Mhm.