Fool’s Gold comes in many guises, whether it is in fake paper money, Ponzi investment schemes, fake and manipulated gold derivatives, Bitcoin or just fake gold discoveries in Uganda, all of which are discussed in this article.
In this brief, 15-minute MAMChat, Matterhorn Asset Management (MAM) principals, Egon von Greyerz and Matthew Piepenburg address the current fall in gold prices within the sobering context of current and historical market forces.
“The first panacea of a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permeant ruin. But both are the refuge of political and economic opportunists.”
I wrote the article with the above title in February 2019. The projection that the Dow could lose 98% in real terms (GOLD) is today even more likely, creating the biggest wealth transfer in history.
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.
Gold investors should stay away from countries like Canada, with fascists leaders. As gold is now breaking out to new highs (more later in this article), both old and new gold investors must be very careful how and where they keep their...
In an investment world of instant gratification and Fed Intervention, when short term trading and speculation is the norm, real values are forgotten.
Is deflation around the corner for investors? Geopolitics is becoming more and more decisive for daily events. Sweden fears an attack by Russia and it is indeed becoming more and more likely that at least Ukraine and Taiwan will be...
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.
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...