The End of a Broke(n) Era with Wild Markets Triggered by Tariff Headlines

In this timely Gold Matters discussion, VON GREYERZ principals, Egon von Greyerz and Matthew Piepenburg, DISCUSS THE END OF A MONETARY ERA and offer perspective on the extreme market volatility unleashed by the ever-changing Trump Tariffs.

The volatility in the markets (VIX past 55) in many ways resembles the volatility at the Trump White House, which Egon places into blunt perspective. Markets and global trade systems cannot fully absorb the magnitude of these measures, which, even since this recording, have flip-flopped after yet another dramatic Trump press conference. Such desperation and extremes in the backdrop of a global debt crisis and rising geopolitical tensions signal the end of a monetary and political era.

Piepenburg and von Greyerz discuss how tariff measures are an obvious trigger—but by no means the actual cause—of these fluctuations. The more obvious and destructive forces at play stem from unprecedented and unsustainable US and global debt levels, which are vulnerable to any number of potential trigger points. Piepenburg discusses a series of liquidity failures which set the stage for a culminating crisis. Only more printed (and hence inflationary) liquidity can “save” an otherwise broken system, of which von Greyerz has consistently warned. In this backdrop, gold is more relevant now than ever.

The ripple effects from these desperate debt levels and trade measures, as Egon reminds us, are and will be profoundly difficult for global governments, economies and citizens. And especially for those who have not prepared for and protected their wealth with precious metals. He foresees increasing social and economic unrest. 

But despite such dark horizons, we are reminded that genuine wealth rests in our family, friendships and individual passions. These key reminders, as well as a little culminating stage-prop humour at the end of the conversation, give this otherwise serious discussion some needed smiles.

Courtesy of VonGreyerz.gold

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