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Time To Say Goodbye To The Everything Bubble

Published by Egon Von Greyerz | Sep 22, 2021 | 8032

We are now in a very critical period for the world since excesses of the magnitude we are now seeing must be corrected. Exponential moves in one direction are always corrected. And the corrections will be of a similar magnitude to the rise but happen much quicker. We are talking about falls of 90...

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Evergrande, the "Chinese Lehman Brothers"?

Published by Philippe Herlin | Sep 16, 2021 | 23826

Evergrande, China's largest property developer, directly employs 200,000 people and indirectly employs 3.8 million people. Problem: the group is bankrupt and announced on September 14 that it is facing a risk of default. Evergrande is crushed by liabilities of nearly 260 billion euros, while it h...

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Gold Is Outperforming Bonds

Published by Laurent Maurel | Sep 8, 2021 | 13726

Since the start of this century, gold has offered a far better return than bonds. It was this outperforming of the bonds by gold that took it into its bullish phase from 2002 to 2010. The central banks intervened in 2010 to break this cycle, but we have initiated a second cycle of gold outperform...

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Prepare for the Coming Reset: Real Assets Are Key

Published by Marc Friedrich | Sep 7, 2021 | 6422

Willem Middlekoop is convinced that in a restructured financial system, gold must and will have a place again. Central bankers are also aware of the imbalances in the current system and are already looking for a new "anchor" that will one day replace the US dollar. The market veteran thinks that...

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Silver: The Raid And Its Expected Backfire

Published by Cyrille Jubert | Sep 6, 2021 | 36515

While silver is not immune to a final attack before the big hike, the conditions seem right for a take-off before the end of the month. This is all the more true, when we look at the crazy surge of aluminium (X2), sheet steel (X4), coal (X4) and commodities, which are experiencing a very violent...

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Alert: Real Interest Rate Collapses

Published by Philippe Herlin | Sep 2, 2021 | 37768

Central banks are stuck and condemned to see the value of their currencies deteriorate, hoping that inflation will be "temporary". So this situation will continue and get stronger, maybe one day we will reach the -10% real interest rate, as in my fiction (i.e. a division by two of the value of sa...

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