Author Archive

John Butler – We live in exceptional, interesting times

“The Matterhorn London Interviews – Aug 2014: John Butler”

“We live in exceptional, interesting times”

Video interview:
In this 3rd of a series of London interviews that Lars Schall conducted for Matterhorn Asset Management this summer, Lars sits down with John Butler, CEO of Amphora Capital, and they talk about 3 of this year’s highlights in the world of international finance: 1 – the Launch of the BRICS Development Bank, 2- the Sino-Russia energy deal and 3- the Ukraine crisis. (19 minutes – intro 45 sec)

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Why a 100:1 paper to physical ratio simply won’t last

KWN weekly – August 29/30, 2014

Podcast – Egon von Greyerz: “I’m looking at the deflationary pressures that we are seeing in many areas like Europe and Japan. Continued deflation will lead to an implosion of asset prices and bank debt. Under that scenario no debts will be repaid and the financial system will fail. With $280 trillion of world debt and $1.5 quadrillion of derivatives, this will lead to a collapse that will take the world back at least 50 years and maybe even further. Governments and central banks are totally aware of the deflationary risks. That’s why they have printed and created tens of trillions of dollars, and lowered interest rates to zero.
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Alasdair Macleod – 3 reasons to invest in Gold

“The Matterhorn London Interviews – Aug 2014: Alasdair Macleod”

“The three biggest reasons to invest in gold”

Video interview:
In this 2nd of a series of London interviews that Lars Schall conducted for Matterhorn Asset Management this summer, Lars has a City of London streetside conversation with Alasdair Macleod right outside the Dutch reform Church in Austin Friars near the Bank of England. Together they talked about, inter alia: the challenges for The London Bullion Market Association (LBMA); China’s appetite for gold; the Shanghai Cooperation Organization as THE future player in the gold market; and the problems related to Germany’s gold at the New York Fed.

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America financially powerful – Evans-Pritchard

“The Matterhorn London Interviews – Aug 2014: Ambrose Evans-Pritchard”

“Ironically, America has never been as powerful financially as it is now”

Video interview:
In this first of a series of London interviews that Lars Schall conducted for Matterhorn Asset Management this summer, Lars met up with Ambrose Evan-Pritchard to discuss geo-politcal tensions in the world, China’s challenges, threats to the global economy and the expectations for gold.

GoldSwitzerland is very grateful to be able to present the views of this brilliant mind. On July 25 he wrote: “In the 30 years or so that I have been writing about world affairs and the international economy, I have never seen a more dangerous confluence of circumstances, or more remarkable complacency”.

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Dr. Philipp Bagus – Our debt driven society due to permanent inflation expectation

Written August 22nd, 2014 by
Categories: Latest Articles, The Matterhorn Interview

THE MATTERHORN INTERVIEW – August 2014: Prof. Dr. Philipp Bagus

“Our money system makes people more materialistic”

PhilippBagus

On behalf of Matterhorn Asset Management, financial journalist Lars Schall interviewed Dr. Philipp Bagus, Professor of economics at Universidad Rey Juan Carlos in Madrid. Bagus points out in this discussion why he thinks the financial crisis is connected to the way money works and addresses the question whether it’s a given that a fiat money system destroys itself in the long run. He says: “The control of our money should be given back to the people. We should be able to choose the medium of exchange that we find most adequate.”

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Gold Unloved and Undervalued

Written August 22nd, 2014 by
Categories: KWN weekly, Latest Articles

King World News weekly – August 22, 2014

Gold Unloved and Undervalued

Gold has now corrected for 3 years since the 2011 peak. At that time gold was temporarily overloved and overvalued.

Since 2011 government debt worldwide has increased by trillions of dollars and global debt by tens of trillions. And the $ 1.2 quadrillion derivatives exposure is continuously getting bigger.

The price of gold, in the long run, is a reflection of the destruction of paper money. The more money that is printed and the more debt that is created, the higher the gold price goes. Since the creation of the Fed in 1913, the dollar has fallen 98% against gold which means that gold has gone up almost 6,000 percent in 100 years.

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Swiss to vote on gold repatriation in November

22 August 2014 – Egon von Greyerz

Swiss Gold Referendum on November 30

One of the very few remaining proper democracies in the world will vote on bringing the Swiss Gold back to Switzerland on November 30.

This is an initiative that could only happen in Switzerland. An influential member of parliament, Luzi Stamm, representing the biggest Swiss party SVP (Swiss People’s Party) started this initiative with two other parliamentarians.

In order to have a national referendum on an issue in Switzerland, 100,000 supporting signatures are required. The ‘Swiss Gold Initiative’ already achieved this requirement in early 2013.
Not only will the referendum deal with gold repatriation but also seeks to stop all gold sales by the SNB (Swiss National Bank) and to require the SNB to hold 20% of its assets in gold. Read the rest of this entry »