Financial markets

Matthew Piepenburg shares his views in this extensive interview with Daniela Cambone of Stansberry Research, covering the Fed, petrodollar and de-dollarization, banking risk and gold.

Measuring Gold – Nature’s Money and Eternal Wealth in what governments and central banks destroy on a daily basis clearly makes no sense whatsoever. Therefore price projections of gold are totally meaningless.

Without a quick solution to the threat of a payment default, we risk entering a new systemic crisis, this time affecting one of the pillars of the financial system.

Let's decipher the fundamentals of the silver market and the outlook for 2023. The latest World Silver Survey 2023 shows that the silver supply gap is historic and quite significant. This supply deficit alone represents 20% of total market demand !

Physical silver demand has dramatically skyrocketed. The deficit was barely 50 million ounces last year. This year, the deficit has exploded to 237 Moz. In other words, silver demand exceeds supply by 7,393 tons. A colossal figure!

It is fascinating how the gold-to-S&P 500 ratio continues to track its historical performance once again after major distortions across the US Treasury curve. Today's outperformance of precious metals relative to the overall equity market is still in its initial phase.

The debt/GDP ratio is now too high to continue the restrictive monetary policy. The Fed is stuck, it has no choice but to stop its fight against inflation in a context of economic slowdown. Stagflation is now inevitable. It is precisely this type of stalemate and stagflationary environment that g...

Economic and (geo)political developments in recent weeks and months have indeed been exciting. In many areas, it looks as if we are heading for a showdown, for a lasting, formative change. The following five charts present the multi-faceted showdowns that are happening right now before our eyes.

The bullish impulse in silver prices is, in any case, very strong in recent weeks. The movement resembles the very bullish phases of 2010 and early 2020. Silver rises on "feverish rush". This is characteristic of a metal whose prices are highly regulated by the futures market and whose tangible u...

The intensification of banking concentration amplifies the control and power of these banks over citizens and states, and risks deeply damaging the economic fabric of these countries in the medium and long term.