Bond Destruction, Banking Waste and the Tilt Toward CBDC

March 31, 2023

In this extensive and now English-translated, interview with Jan Kneist of Investor Talk, Matterhorn Asset Management principal, Matthew Piepenburg, addresses the critical themes of the ongoing banking crisis. In this substantive, 21-minute conversation, Piepenburg squarely addresses the ripple effects and larger implications of the current banking crisis, namely:

1) its bond crisis origins;

2) the ultimate pretext for (and direction toward) political and financial centralization culminating in CBDC;

3) increasing consolidation away from the smaller banks toward larger banks;

4) the nearly inconceivable waste behind the Credit Suisse bailout;

5) the percolating and equally inconceivable dangers within the derivative markets;

6) the collapse of trust in the USD as evidenced by the rise of the BRICS; and, of course,

7) the growing importance and role of gold in a world heading inevitably toward more centralized controls and currencies.

As Piepenburg has warned and repeated throughout 2022 and 2023, all debt-soaked systems inevitably resort to desperate measures and greater controls, of which currency debasement and increased centralization, symbolized by the drift toward CBDC, is no surprise or exaggeration.

Gold Switzerland

*********

Matt began his finance career as a transactional attorney before launching his first hedge fund during the NASDAQ bubble of 1999-2001

Thereafter, he began investing his own and other HNW family funds into alternative investment vehicles while operating as a General Counsel, CIO and later Managing Director of a single and multi-family office. Matthew worked closely as well with Morgan Stanley’s hedge fund platform in building a multi-strat/multi-manager fund to better manage risk in a market backdrop of extreme central bank intervention/support. The conviction that precious metals provides the most reliable and longer-term protection against potential systemic risk led Matt to join VON GREYERZ.

The author of the Amazon No#1 Release, Rigged to Fail, Matt is fluent in French, German and English; he is a graduate of Brown (BA), Harvard (MA) and the University of Michigan (JD). His widely respected reports on macro conditions and the changing behaviour of risk assets are published regularly at SignalsMatter.com.


The 1849 Gold Rush sped up California's admission to the Union as the 31st state in that year.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook