KWN weekly

Turk and von Greyerz on European concerns

Written November 26th, 2014 by
Categories: All publications, KWN weekly

KWN weekly – Nov 25, 2014

Turk: “But it’s not just countries that are nervous about whether they are going to get their metal back. There are also major entities out there who are owed significant amounts of gold, and they are getting very nervous about whether they will ever see their physical gold again. So I think this squeeze that we are seeing for physical metal is going to continue at least through year end.

Greyerz: “The outcome of this vote is still of course very uncertain. There have been so many undecided voters and they will ultimately be the deciding factor. Meanwhile the Swiss National Bank (SNB) and the government have conducted a massive propaganda campaign against the initiative….. Read the rest of this entry »

Billions in fines – No one blinks an eye

Written November 15th, 2014 by
Categories: All publications, KWN weekly

KWN weekly – Nov 14, 2014

Greyerz: “Eric, I’m looking at the latest round of rigging of markets by banks around the world. This has now led to fines of over $4 billion for rigging the Forex markets. You have banks like Citi and JP Morgan paying $1 billion each. UBS is paying $800 million and HSBC a bit less. But that’s just the latest Forex rigging and it’s probably only scratching the surface. We have also seen another $6 billion of fines for LIBOR rigging. So far in 2014 we have seen $56 billion of fines by U.S. regulators against the banks. It seems incredible that these enormous sums can be paid by the banks without the banks going under… Read the rest of this entry »

Not QE but QF – Quantitative Failure – Greyerz

Written November 7th, 2014 by
Categories: All publications, KWN weekly

KWN weekly – Nov 6, 2014

Greyerz: “Eric, I’m watching Japan because I think it’s the best example of the coming hyperinflation we will see in many countries. Japan has been in recession since the 1990s, with falling real incomes, a declining population, rising deficits and rising debts. Their debt is now a massive 1.1 quadrillion yen, which is about $10 trillion. This represents a staggering 200 percent of Japanese GDP. Attempts to stimulate the economy have failed, so the Japanese have just come out with additional QE at the rate of an astonishing 8 trillion yen per year, which is roughly $800 billion. Remember that the Japanese economy is only about $5 trillion per year. So this would be equivalent to the U.S. launching a new QE program totaling about $2.5 trillion per year. Read the rest of this entry »

US Plunge Protection Team activity

Written October 27th, 2014 by
Categories: All publications, KWN weekly

KWN weekly – October 25, 2014

Greyerz: “Eric, people in the West are enslaved to a system where the state takes care of everything. The state takes care of many people from cradle to grave. Switzerland is one of the only countries where there is a degree of individual freedom. For the Swiss it has always been important to have the people make decisions and not to let the government dictate… Read the rest of this entry »

Swiss Poll in favour of Gold Initiative.

Written October 22nd, 2014 by
Categories: All publications, KWN weekly

KWN weekly – October 21, 2014

Greyerz: “Swiss Gold Initiative Poll: YES 45% – NO 39% – Undecided 16%

A report  published in a Swiss newspaper yesterday showed that the YES votes in favour of the Gold Initiative are ahead in the polls and this is particularly pleasing since I have personally been involved in supporting the call for Sound Money in Switzerland. Read the rest of this entry »

Why J.P.Morgan did not succeed in 1929

Written October 17th, 2014 by
Categories: All publications, KWN weekly
Firstly, from the campaign team in Switzerland, a ‘very warm thank you’ for all contributors thus far to the Swiss Gold Initiative campaign fund.

These funds will be fully spent on reaching some 80% of the Swiss population via social media. The national campaign, with door to door leaflets and road side billboards, will officially kick off next week with a press conference held by the Initiative committee. We will keep you posted of course and it will be well publicised in the independent media.





This type of campaign is unique for typical Swiss referenda and will impact anyone involved in the gold space and, more importantly, everyone who is not involved in Gold. This is a unique opportunity to change the debt/inflation game back to sound finance. This effort must simply be made if we ever wish to return to a level playing field for citizens around the world.
To go viral on over 5,000,000 Swiss is a costly affair and we would therefore ask anyone out there, if you haven’t already, to lend your support using the donation button on the right. This will allow us to drive this campaign to the very last day. The arguments against the Elite NO camp are very strong. Thank you again.

KWN weekly – October 16, 2014

Greyerz: “A few weeks ago it was a very interesting situation where the fundamentals and the technicals came together. It became obvious that we were going to see the start of a major fall in the global stock markets, both short and long-term. The Dow has already fallen 1,000 points since then…… Read the rest of this entry »

Will Swiss Gold Initiative transform the Gold Market?

Written October 13th, 2014 by
Categories: All publications, KWN weekly, Video & Podcast

KWN weekly – October 11, 2014

Podcast – Egon von Greyerz: “Nigel Farage (MEP and leader of UKIP) was recently in Switzerland to speak about the EU. His view is that the UK and all other EU members should exit the EU since it is a failed union. At the same meeting the Swiss Gold Initiative was discussed. Farage is a proponent of sound money and gold. The Gold Initiative referendum on 30 November could be a game changer for the gold market……..
Read the rest of this entry »

Why Hell breaks loose and Fear takes hold

Written October 3rd, 2014 by
Categories: All publications, KWN weekly

KWN weekly – October 2, 2014

Greyerz: “Eric, we’ve had a long period now when all news is good news for stocks, and that’s typical for a bull market. But we are now very close to a period when all news will instead be bad news for global stock markets. For instance, the mainstream media is telling people that stocks are falling because of the end of QE and the Ebola crisis.
“Previously, this type of bad news was simply ignored. But as I said, everything that comes out now will begin to add to the selloff in global stock markets. People being interviewed on KWN have discussed Ebola… Read the rest of this entry »

Money stock imploding in the U.S. and most countries

Written September 26th, 2014 by
Categories: All publications, KWN weekly

KWN weekly – September 25, 2014

“Greyerz: “Eric, this year we have been talking about the autumn being a critical time in terms of being an inflection point for the world economy and global markets. In every single area of the world there are problems. Japan alone has enough debt and deficits that that when it implodes it should create a worldwide depression. And China, the former growth engine of the world, is struggling. It’s important to look at the consumption of commodities in China. Right now they are declining rapidly. Then we have the shadow banking system in China which is in a massive bubble. In Europe, only one major economy, which is Germany, has kept the eurozone alive. But German growth has now come to a halt… Read the rest of this entry »

Sound money initiative will be Game changer

Written September 18th, 2014 by
Categories: All publications, KWN weekly

KWN weekly – September 18, 2014

“Greyerz: “Eric, we are all familiar with the fact central banks have printed many trillions of dollars in the last 2 years. This has been a futile attempt by these central banks to save their economies. But they haven’t saved a single economy in any country. All central banks have done is to exacerbate the problem by expanding their balance sheets with risky or virtually worthless assets. And the principal beneficiaries of this money printing have been the banks and big investors. Today no central bank has enough capital to cover their exposure when the next crisis starts. And, Eric, we both know that there are so many events which can trigger a crisis that would be many times greater than the one the world went through in 2008 – 2009… Read the rest of this entry »