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This week on Stansberry Investor Hour, Dan Ferris sits down with Egon von Greyerz, Founder and Managing Partner of Matterhorn Asset Management AG. Egon, whose company specializes in wealth preservation, has been a gold bug for decades. He and Dan talk about how gold is the No. 1 hedge against inflation and market chaos.

Egon says \\u201cgold is the best instrument you could ever buy to ensure your wealth.\\u201d And holding gold will protect you from the coming consequences of our current massive market bubble... created and fueled by the Federal Reserve\\u2019s unlimited money printing and our highest inflation rate in decades.

Unfortunately, Egon predicts that the impending \\u201cwealth destruction will be massive.\\u201d And the folks who think the Fed is going to swoop in and save the system again this next crash are wrong... Egon says that there are \\u201ctough times ahead,\\u201d but this makes wealth preservation, which includes holding gold, even more crucial.\\xa0

Dan and Egon also discuss bitcoin, as many have asked if gold will be replaced by the popular cryptocurrency. Egon is confident that will never happen, and makes the bold prediction that \\u201cbitcoin won\\u2019t still be around in 50 years.\\u201d He goes on to say that bitcoin \\u201cwill always be a fringe investment\\u201d... and that \\u201cit\\u2019s not real money.\\u201d

Lastly, Dan asks every guest the same last question: \\u201cIf you can leave our listeners with only one last thought, what would it be?\\u201d And Egon\\u2019s answer won\\u2019t disappoint... Dan says his response is one of the best he\\u2019s ever heard.

Listen to this episode for even more fascinating conversations about gold and our economy, plus check out Dan\\u2019s rant on exactly who\\u2019s in charge of the stock market\\u2026