What a bloody mess! Well, economic collapses and wars always are. But sadly it will become a lot messier! We now have two dangerous wars, maybe we will have a global war. We have a coming collapse of stock markets and debt markets and a...
The health of the world economy is clearly linked to the health of global leaders. That clearly raises the question if unhealthy leaders create a diseased economy or if an ailing economy creates sick leaders.
This 25 minute video with Matthew Piepenburg and myself is probably one of the most important discussions that we have had. For years we have both warned investors about the consequences of a system based on unlimited money printing, debt...
In this extensive discussion with the Jay Martin Show, Matterhorn Asset Management’s founding partner, Egon von Greyerz, addresses the catastrophic consequences of the current (and historical) debt cycle.
The Fed has two mandates – Maximum Employment and Price Stability. If we look at price stability, the Fed has failed miserably. The Fed employs 3,000 people in Washington DC of which 300 have a Ph.D. degree.
The world economy should have collapsed in 2008 were it not for a massive Hocus Pocus exercise by Western central banks. At that time, global debt was $125 trillion plus derivatives. Today debt is $325 trillion plus quasi-debt or...
“When elephants and central bankers (with wings) fly, don’t hold gold” This is what Egon von Greyerz recommends in this 25 min. interview with Jan Kneist of Investor Talk.
Will the world experience a catastrophic debt implosion? Just like the Titanic Submersible that recently imploded, the global debt bubble can implode “within just a fraction of a millisecond”. More later in the article.
The time has now come for the 99.5% of financial assets which are not invested in gold, silver or precious metals mining stocks to grab both the investment and wealth preservation opportunity of a life time.
Below, we look at gold in a broke(n) world of hubris, debt, Realpolitik and a rising east.