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Fed Wizards – The Mega Manipulators

Published by Egon Von Greyerz | Feb 9, 2022 | 4797

In a free market, without manipulation, such a strong demand for money would have raised the cost of borrowing to the levels in 1980-81 i.e. near 20%. Instead, the Fed Wizards are performing their hocus pocus with fake money and fake rates. Without their Wizardry, it would have been impossible fo...

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Gold Finds Buyers Below $1800

Published by Laurent Maurel | Feb 8, 2022 | 13180

We would therefore be in a much faster dynamic than in 2016, with uncontrollable inflation and a corporate credit market already in free fall: a configuration that increases the risks of a major monetary policy error. At such a level, it is perhaps this risk that gold is highlighting.

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Is Deflation Around the Corner?

Published by Egon Von Greyerz | Feb 1, 2022 | 3204

The market and investors are addicted to cheap credit and its absence will lead to collapse. That said, long-term interest rates have probably seen their low, bond price declines and much more money creation are the likely result. The broad stock market, with exceptions, will not be a good invest...

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Fed Promises To Resume Rate Hikes - Volatility Returns

Published by Laurent Maurel | Jan 27, 2022 | 13727

If the rate hike that has been decided on turns into a bluff, inflation is likely to get out of control and that will have even more damaging consequences. It is urgent to break this inflationary spiral to avoid much more serious societal problems! This stalemate in which the Fed has settled bene...

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Why 2022 Will Be A Golden Year

Author Ronnie Stoeferle | Published by Matthew Piepenburg | Jan 24, 2022 | 12484

Ronald Stoeferle shares his 2022 outlook for gold. He specifically addresses legitimate concerns regarding gold’s relatively tame/disappointing price action in 2021 despite an otherwise gold-favorable setting of declining real rates and rising inflation. Ultimately, he sees the recent sideways mo...

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A Long List of Ignored Yet Obvious Risks Ahead

Published by Egon Von Greyerz | Jan 22, 2022 | 3753

Because so many investors have been the direct beneficiaries of debt driven asset bubbles of unprecedented size (and hence risk), they have ignored otherwise clear warning signs. The current zero-to-negative returns in global sovereign bonds, for example, are just the latest symptoms of how ludic...

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