News

Swiss gold imports and exports. Flows for November. Major trading partners.

Egon von Greyerz and Matthew Piepenburg follow the trail from debt disasters and corporate bond bubbles to Bitcoin speculation vs. physical gold as the only true instrument of wealth preservation. Egon opens with the omni-important and omni present topic of global debt risk.

The reasons for recommending gold as the ultimate form of wealth preservation cannot be fulfilled by Bitcoin. I have stated many times that BTC could be a spectacular investment and go to $1 million as for example Raoul Pal (RealVision) advocates. On the other hand, in my view, BTC could go to ze...

Today, with central banks engaged in open Wall Street socialism wherein artificially repressed rates and unlimited QE have directly benefited the two largest asset classes in America, namely real estate and stocks, we can’t deny the cause-and-effect powers (as well as beneficiaries) of such “acco...

In the current paradigm shift, gold will rise not because gold only rises in inflationary periods (after all, gold recently hit new highs in an openly deflationary global setting). Instead, gold will rise simply because currency purchasing power will tank (and is already tanking) as inflationism...

CBDCs are part of a plan to eliminate cash: make it useless and then ban it. And when all our money exists in digital form, we will no longer be able to escape a negative rate of -0.5%, -1%, etc. (who knows where it will end), which will erode our savings.

What ordinary investors don’t realise is that they will in the next few years be ambushed by what to them is an invisible enemy. This will initially involve total debasement of the currency, whether it is dollars, euros, pounds or yen. No they can’t all go down together against each other. But th...

For decades, the majority of risk asset investors have either ignored or ridiculed buyers of gold and silver. But here’s the rub: For decades (in fact, for centuries) being in the myopic majority has been a mistake, and this is no less true today when it comes to the topic of precious metals.

Egon von Greyerz and Matthew Piepenburg discuss their respective experiences and insights regarding wealth preservation themes in general and gold in particular. There is an undeniable storm ahead (inflation risk, currency risk, market risk, banking risk etc.) and investors need to build their pr...

Since November 2020, the central bank of Uzbekistan (CBU) issues sealed gold bars with a QR-code for real time verification. With these new bars CBU aims to stimulate gold to be used as a store of value, as well as promote the circulation of gold.

Your best friend and protector in this ignominious company of bubble assets and falling currencies are precious metals in the form of physical gold and silver. But please ignore PAPER gold and silver (including ETFs) which one day will be worthless. On the opposite side of the collapsing dollar s...

As indicated in my article of September 25, during a bull market, there are systematic corrections of the order of -20% on gold and -30% on silver. Since peaking at just over $2000 per ounce at the end of July, gold has corrected by -14%.

The stock markets look strong, gold is weakening. Problems have not been solved, but with vaccination news the markets are moved. Buffett sells a part of his Barrick shares and causes uncertainty. And the WEF speaks of a "Great Reset".

Certainly, when the new CFTC and Basel III rules come into effect, commodity markets will experience extreme volatility. There are currently 100 ounces of virtual gold for an ounce of physical. This proportion will drop very sharply. You will have to keep your nerves, when this happens. And keep...

Gold would obviously be life saving during the hyperinflation but also be the only form of real money during the deflationary implosion as fiat money in the system disappears or becomes inaccessible.

As can be seen, public debt is found in the accounts of the ECB, either directly (by acquisition) or indirectly (as a guarantee of liquidity lent to banks). The snake bites its tail, the public deficit is financed almost entirely by the central bank: the money supply explodes, the spectre of infl...