Savings

Warren Buffett's Berkshire Hathaway took a surprise stake in Barrick Gold earlier this year. The famed investor's endorsement could spur more investors to bet on the metal, NovaGold chairman Thomas Kaplan said on an earnings call this week. "He's made it safe for anyone interested in gold to be l...

The main factor is the distrust of currencies; central banks are running their money printing presses at full speed, whereas with the recession due to the coronavirus, the production of real goods is falling. In this case, what is money worth? What are the major currencies, the dollar, the euro,...

Egon discusses economies “running on empty” for years on extreme budget deficits “paid for” by fiat currencies created out of thin air by increasingly desperate central banks. Of course, such monetary policies destroy currencies. Since the 1970’s, global currencies have gone down by well over 90%...

Central banks will not save the world, they can’t. Because how can you solve a debt problem with more worthless debt or how can you create wealth by issuing more debt. That Ponzi scheme is now finished for a very long time. Physical gold (and silver) will in the next few years reveal the total de...

In a bull market, there are systematically corrections of around -20% on gold and -30% on silver. The last correction is healthy and offers a new investment opportunity before the next upward phase.

The combination of institutional gold buying and private buying will drive the gold price to levels that few can imagine.

In this recent interview with SBTV (Silver Bullion Television), Matterhorn Asset Management founder, Egon von Greyerz, places his seminal focus on risk management in the specific context of precious metals. Egon begins with a father-of-the-bride speech given in 2002, in which he encouraged guests...

In this keynote speech at the GAIC Virtual Gold Conference in Australia, Egon von Greyerz explains why the US economic crisis is worse than most people understand and that it has been going on for quite some time.

In this brief discussion, Matt and Egon draw from their collective backgrounds to share ideas on the natural evolution from traditional risk (bubble) assets (i.e. stocks and bonds) toward precious metals as common-sense approaches to insuring against both currency and banking risk.

Since the end of 2006, the major central banks (Fed, ECB, BOJ & PBOC) have increased their balance sheets from $5 trillion to $25.5t today. The great majority of the extra $20t created since 2006 has gone to prop up the financial system. And even with these $20t the world economy is more rudderle...