The truth will out.
Egon von Greyerz and Matthew Piepenburg open 2023 with an informal yet blunt look at the twin nuclear risks of: 1) a rising geopolitical conflict in the backdrop of 2) an equally rising global debt crisis. Both trends, and all that follows in their wake, point naturally toward an exploding gold market.
When broken, debt-soaked “developed economies” suffering from years of fantasy money printing to “solve” fatally rising debt levels collide with history-blind and economically-ignorant policy makers, the end result is always the same: Liberty sinks, currencies die and control rises.
by Matthew Piepenburg via Gold Switzerland As one who loves metaphor, I can’t help but notice the recent and varying range of metaphorical macro warnings. JP Morgan’s Jamie Dimon, for example, is now predicting a “market hurricane” ahead, which Peter Schiff has recently upgraded to a “Category 5.” Meanwhile, the always blunt Michael Burry has […]
by Nick Giambruno via International Man It’s no secret that China and Russia have been stashing away as much gold as possible for many years. China is the world’s largest producer and buyer of gold. Russia is number two. Most of that gold finds its way into the Russian and Chinese governments’ treasuries. Russia has […]
by Matthew Piepenburg via Gold Switzerland As central bankers play checkers on a global debt chessboard, we see below how policy hypocrisy, worsening monetary options, failed diplomacy, tanking bonds, rising rates, debt addiction, mismanaged sanctions, de-dollarization and a shift toward a disorderly re-set all spell immense pain for Main Street as well as Wall Street. […]
by Egon von Greyerz via Gold Switzerland We are now at the end of an era of economic and moral decadence in a debt infested world built on false values, fake money and abysmal leadership. All hell will break loose. The consequences will be fatal for the world. There are eras in history which have […]
by Egon von Greyerz via Gold Switzerland When the sh-t hits the global fan, it often does it at the optimal time for the maximum amount of damage and with the worst kind of sh-t to soil the world. For years I have been clear that the world is reaching the end of an economic, […]
by Matthew Piepenburg via Gold Switzerland In the tragic backdrop of the Ukraine war, we consider the hard yet ignored math of failed financial systems which restrict (and hence weaken) otherwise stronger political options and make the sad road ahead a path straight toward gold. Despite tough-talking headlines, sanction cries and moral grandstanding, we discover […]
by Matthew Piepenburg via Gold Switzerland Critical warning signs from the credit and rates markets are being ignored by tough-talking experts while gold bides its time before it rises in a global financial crisis mathematically too sick to save. It is fascinating to watch market pundits, policy makers, commercial bankers and other media-supported experts talk […]
by Egon von Greyerz via Gold Switzerland In an investment world of instant gratification and Fed Intervention, when short term trading and speculation is the norm, real values are forgotten. Confucius understood the value of long term thinking and thus real values: If you think in terms of a year, plant a seed, if in […]
The Bureau of Labor Statistics (BLS) just released its most recent Consumer Price Index (CPI) figures. Not good. The U.S. inflation rate has officially reached 7.5 percent for January 2022! According to Yahoo Finance, consensus estimates according to Bloomberg data was 7.3 percent. Big miss for the consensus. From the BLS, Increases in the indexes […]
by Egon von Greyerz via Gold Switzerland It seems that 2022 will be the year when the US Empire disintegrates faster than anyone could have imagined. Empires need strong leadership but electing a weak octogenarian president certainly fits the picture of a collapsing empire. With the world on the verge of a major geopolitical conflict […]
by Doug Casey via International Man International Man: By now, most people have heard about the World Economic Forum’s (WEF) “Great Reset” agenda led by Klaus Schwab. The WEF sees the COVID pandemic as an opportunity to reshape the economic and social structures of the world. With the unpleasantness of 2020 and 2021 behind us, […]
by Egon von Greyerz via Gold Switzerland Cervantes famous classic novel Don Quixote can in simple terms be described as a fight for liberty and freedom against oppression and against the state. This book is from 1605 and considered to be one of the best books ever written. In the midst of market madness, risk […]
by Matthew Piepenburg via Gold Switzerland If you’re wondering why the media, markets and mandates are making less sense despite a constant flow of hard facts contradicting their message, it’s critical to watch what is done rather than said by the policy makers behind the fear and inflation “new normal.” The Latest Fed-Speak Translation: From […]
By Egon von Greyerz via Gold Switzerland In this brief yet thorough presentation for the 2021 International Precious Metals & Commodities Conference (Edelmetallmesse) in Munich, Matterhorn Asset Management founder, Egon von Greyerz, makes a clear, data-supported argument for gold ownership and the binary outcomes of misery or fortune for investors in the context of an […]
by Egon von Greyerz via Gold Switzerland “So you think that money is the root of all evil. Have you ever asked what is the root of all money?”-Ayn Rand Money used to be a stable medium of exchange and a store of value but that was in the days when there were sound monetary […]