Banks

We take another deep dive into the lessons of history, math and objective facts as one year replaces another in a global market increasingly on edge.

With zero interest rates, the government has locked savers into a trap from which it is difficult to escape, but it is to its advantage, since it can finance its budget deficit at a lower cost. How does it do this? We must begin by asking the question: Why do banks and insurers buy debt that brin...

The smart money understands the difference between staying rich and getting rich. Physical gold, as a timeless (rather than trendy or passẻ) instrument of wealth preservation, serves as the historically-confirmed and surest way to ensure one’s wealth against the ravages of currency debasement.

Egon von Greyerz, Ronnie Stoeferle and Grant Williams discuss debt, inflation, “re-sets,” Bitcoin and thoughts on 2021. Looking forward, each share insights on: continued wealth disparity, the disconnect between rising markets and tanking economic conditions, vaccine hopes, capitalism’s “death” a...

We are in the endgame! The endgame of central banks, the endgame of the monetary system and even the end game of the whole system. Grant Williams (ex-banker and investor) shares this view.

Neither journalists, nor investors understand that gold doesn’t go up at all. Since gold represents constant purchasing power, it is not gold that goes up but the value of paper money that goes down.

Gold, for its part, has an unrivalled track record in this category, it is simply number one. This is the best way to "flee" from money without going to an asset in a bubble situation, and thus risking collapse. It remains by far the best way to preserve the purchasing power of capital in the lon...

Zombie companies are those with infinitely more debt than available cash, yet due to their size, enjoy unfair access to low-rate debt/capital and stay “alive” only by borrowing today to pay yesterday’s interest, and then borrowing tomorrow to pay today’s debt interest.

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.