Bond Destruction, Banking Waste and the Tilt Toward CBDC

In this extensive and now English-translated, interview with Jan Kneist of Investor Talk, Matterhorn Asset Management principal, Matthew Piepenburg, addresses the critical themes of the ongoing banking crisis. In this substantive, 21-minute conversation, Piepenburg squarely addresses the ripple effects and larger implications of the current banking crisis, namely:

1) its bond crisis origins;

2) the ultimate pretext for (and direction toward) political and financial centralization culminating in CBDC;

3) increasing consolidation away from the smaller banks toward larger banks;

4) the nearly inconceivable waste behind the Credit Suisse bailout;

5) the percolating and equally inconceivable dangers within the derivative markets;

6) the collapse of trust in the USD as evidenced by the rise of the BRICS; and, of course,

7) the growing importance and role of gold in a world heading inevitably toward more centralized controls and currencies.

As Piepenburg has warned and repeated throughout 2022 and 2023, all debt-soaked systems inevitably resort to desperate measures and greater controls, of which currency debasement and increased centralization, symbolized by the drift toward CBDC, is no surprise or exaggeration.


0:00 Intro

0:39 Are the big banks now benefiting from the crisis?

0:53 Rate hikes hurt all banks due to bond losses

3:09 US banks have already lost $2 trillion

4:58 The loss of trust is irreparable

5:48 Credit Suisse panic rescue at any cost

7:29 $195 trillion derivatives notional of the big four US banks

9:57 Banks are being squeezed from all sides

10:52 CBDC as a solution of central banks that caused the crisis?

15:56 The banking crisis seems to herald the end of “tightening”, FED balance sheet is growing again!

16:32 More money printing will be forced, good for gold

19:15 use corrections in the precious metals!

Matterhorn Asset Management
Zurich, Switzerland
Phone: +41 44 213 62 45

Matterhorn Asset Management’s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 80 countries.

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