Egon’s Publications

Gold Is The Ultimate Wealth Preservation Against Reckless Governments

Moderated September 16th, 2016 by
Categories: Egon's Publications, Publications
Gold Is The Ultimate Wealth Preservation Against Reckless Governments

Gold Is The Ultimate Wealth Preservation Against Reckless Governments
By Egon von Greyerz

The autumn of 2016 has for some time looked like a period when dark clouds will move in over the world economy. Therefore, it was not surprising to see the first sign of things to come in the next few months. In one day the Dow erased all the gains since early July with an almost 400 point fall. Since the beginning of the year the Dow is now up a pitiful 4%. Almost 8 years of ZERO interest rates have not managed to revive the US economy, nor the world economy. On a longer timeframe the Dow, together with many other markets, looks extremely vulnerable.

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The Six Presidents Causing US Bankruptcy

Moderated September 9th, 2016 by
Categories: Egon's Publications, Publications
The Six Presidents Causing US Bankruptcy

The Six Presidents Causing US Bankruptcy
By Egon von Greyerz

Since Reagan came to power in 1981, the US has had a total of five presidents who have spent ever increasing amounts of money to hang on to power and buy votes. This has resulted in the most extraordinary money printing venture in history. It is not just central banks that print money. Governments that borrow vast amounts of money are also performing a printing function since money is created out of thin air. And even worse than that, the US government neither has the intention, nor the ability to ever repay the debt with real money. Thus the US debt can only vaporise when the country defaults. Since there is no other way of eradicating this debt, a default by the US is guaranteed to take place in coming years. But before that the Fed and the US government will flood the market with jumbo jet money since helicopter money won’t suffice. Jumbo jet money will create hyperinflation but it will never repay the debt since all it does is to increase the amount of debt outstanding from trillions of dollars to quadrillions.

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As The World Economy Is Burning Central Bankers Are Clueless

Moderated September 1st, 2016 by
Categories: Egon's Publications, Publications
As The World Economy Is Burning Central Bankers Are Clueless

As The World Economy Is Burning Central Bankers Are Clueless
By Egon von Greyerz

The more things change, the more they stay the same. The financial world loves focusing on some future event that they think will change everything. There is always some economic data, an important meeting like G20, the Fed, the ECB or a speech by Yellen or some other central bank head who hasn’t got a clue what is happening or what will happen. So now at the end of August, markets have all been focusing on Yellen’s speech at Jackson Hole Wyoming. Jackson Hole is of course a very befitting name since what the Fed is starring into is a massive black hole into which major parts of the financial system will disappear.

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Final Catastrophe of the Currency System

Final Catastrophe of the Currency System

Final Catastrophe of the Currency System
By Egon von Greyerz

The fate of the global economy was decided decades ago as deficits, debts and derivatives started their exponential growth and reached the time bomb phase that we are now in. This final chapter of this 100-year era will end in “a final and total catastrophe of the currency system” as von Mises succinctly articulated.

It started on Jekyll Island

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HYPERINFLATION IS NIGH SO GOLD WILL GO HIGH

Moderated August 16th, 2016 by
Categories: Egon's Publications, Publications

Hyperinflation is nigh so gold will go high
By Egon von Greyerz

This coming autumn, we are likely to see the beginning of the hyperinflationary phase of the sovereign debt crisis. Hyperinflation normally hits an economy very quickly and unexpectedly and is the result of the currency collapsing. Hyperinflation does not arise as a result of increasing demand for goods and services.

The course of events in a hyperinflationary scenario can be summarised as follows:
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Will the Dow go up 100% and Gold 5,000%?

Will the Dow go up 100% and Gold 5,000%?

Will the Dow go up 100% and Gold 5,000%?

By Egon von Greyerz

 

Welcome to the wonderful world of illusions. This is a world where few people can see the difference between reality and fantasy. And maybe there is no difference. Just looking at the US election and the candidates, it seems like total fantasy from this side of the Atlantic. It is difficult to take the whole election process as well as the candidates seriously. But this is the world we live in today. Having in the last week seen people in many European countries run around the countryside and cities chasing Pokémon Monsters, you wonder if the presidential candidates might also be part of the same game.

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Pokémon GO–LD

Moderated August 3rd, 2016 by
Categories: Egon's Publications, Publications

Pokémon GO–LD

By Egon von Greyerz

 

Real GOLD versus Pokémon GO? That’s a simple choice for most people because shortly after launch there are already more than 30 million users of the game Pokémon GO (PG). Gold has not for a long time attracted the same interest but that is likely to change in the next few months and years. Not that gold and PG in any way are competing in the same market place.

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Central Banks Will Create A Historical Gold Rush

Central Banks Will Create A Historical Gold Rush

Central Banks Will Create A Historical Gold Rush
By Egon von Greyerz

 

The central banks are leading the world into a black hole and have no idea what a disaster they have created. What initially seemed like a nice money spinner for the private bankers in 1913 when the Fed was set up has resulted in a $2 quadrillion (at least) monster that is now totally out of control.

Banks and central banks are experts at forging money

During the last hundred years, the Ponzi scheme seemed to work beautifully under the guise of Keynesianism. So whenever there was a problem in any economy in the world, all that was needed was some stimulus in the form of credit or forged money creation. And there are so many ways to forge money.Through the unlimited flexibility of the fractional banking system, money printing became the most perfect perpetual motion system whereby the more credit that was created the more credit and paper money could be issued by the banks. There is absolutely no limit to how much money could be printed.

So banks and central banks have been in collusion to print or forge paper money which has no value and no asset banking. Any private individual doing the same would spend the rest of his days in jail. But when the bankers do it, it creates massive wealth and respectability for them since they have the full backing of governments. What a rotten world!

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Six Major Events That Will Change History

Six Major Events That Will Change History

Six Major Events That Will Change History
By Egon von Greyerz

 

Investors globally have never faced risk of the magnitude that the we are now exposed to. But sadly very few are aware of the unprecedented risks the world is facing. For the ones who understand risk and take the right decisions, it will “lead to fortune”. Only very few will choose that route. Instead most investors will continue to live in the hope that current trends will go on forever but sadly these people will end up “in shallows and in miseries”.

Risk is now staring us all right in our face but very few people can actually see it.

Let’s just be clear what some of the events that will change the face of the earth are:

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Physical Gold and Silver vs Failing European Banks

Physical Gold and Silver vs Failing European Banks

Physical Gold and Silver vs Failing European Banks
By Egon von Greyerz

 

It is no surprise that both commercial and central banks hate gold. Because gold reveals the total mismanagement of the economy and the deceitful actions that the bankers take. Once the paper gold market collapses, which is not far away, we will see the full extent of these malpractices which could easily be classified as fraudulent.

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