GOLD – WHAT CORRECTION?

GOLD – WHAT CORRECTION by Egon von Greyerz – May 2012 The precious metals markets have now been going sideways for around 7 months. No investors like corrections but in all bull markets there will always be periods when the price corrects. Some of these moves are bigger like in 2008 when gold in dollar […]

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DEUS EX MACHINA

DEUS EX MACHINA by Egon von Greyerz – Dec 2011 With most of the world’s major economies as well as the financial system bankrupt, there is only one solution that can save the world economy. Like in the Greek tragedies, Deus ex Machina is now the only way that the world can avoid a total […]

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TOO LATE TO JUMP ON THE GOLDWAGON?

TOO LATE TO JUMP ON THE GOLDWAGON? by Egon von Greyerz – August 2011 The Stealth Market in Gold Gold has gone up for 12 straight years in a stealth market. In the last ten years gold has had a compound annual growth of 20.5%. This is an absolutely outstanding return but investors should not […]

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APRES NOUS LE DELUGE

Happy days are here again! Stock markets are strong, company profits are up, bankers are making record profits and bonuses, unemployment is declining, and inflation is non-existent. Obama and Bernanke are the dream team making the US into the Superpower it once was. Yes, it is amazing the castles in the air that can be […]

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HYPERINFLATION will drive gold to unthinkable heights

HYPERINFLATION WILL DRIVE GOLD TO UNTHINKABLE HEIGHTS by Egon von Greyerz We now live in a world where governments print worthless pieces of paper to buy other worthless pieces of paper that combined with worthless derivatives, finance assets whose values are totally dependent on all these worthless debt instruments.  Thus most of these assets are […]

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GOLD ENTERING A VIRTUOUS CIRCLE

Fundamental and technical factors for gold are now in total harmony and gold is entering a virtuous circle that will drive the price up at its fastest pace since this bull market started in 1999. It is a fact that gold in US dollars (and many other currencies) has gone up 400% in eleven years […]

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THERE WILL BE NO DOUBLE DIP…

A Newsletter “THERE WILL BE NO DOUBLE DIP…..” by Egon von Greyerz has been posted on the Matterhorn Asset Management website: “YNo, there will be no double dip. It will be a lot worse. The world economy will soon go into an accelerated and precipitous decline which will make the 2007 to early 2009 downturn […]

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ALEA IACTA EST

Yes this is it! We have crossed the Rubicon and events in the world economy are now likely to unfold in a totally uncontrollable fashion. Clueless governments still don’t understand that it is their ruinous actions that have created a credit infested and bankrupt world. They will continue to prescribe the same remedy that caused […]

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SOVEREIGN ALCHEMY WILL FAIL

A Newsletter “SOVEREIGN ALCHEMY WILL FAIL” by Egon von Greyerz has been posted on the Matterhorn Asset Management website: “When we look at the world economy today, wherever we turn we see a wall of risk. And sadly this is an insurmountable wall with risks that are totally unprecedented in history. There has never before […]

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GOLD IS NOT GOING UP – PAPER MONEY IS GOING DOWN

A newsletter “GOLD IS NOT GOING UP – PAPER MONEY IS GOING DOWN” by Egon von Greyerz has just been posted on the Matterhorn Asset Management website. The Newsletter discusses the illusion of gold going up and the destiny of the dollar and why it will reach its intrinsic value of zero. It also examines […]

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INDIA BUYS GOLD – UK BUYS BANKS

India, like China, understands the virtues of gold. This is why they have snapped up 200 tons of gold from the IMF at around $1,045 per ounce or $6.7 billion. The UK does not understand gold, that is why Gordon Brown sold  most of the nation’s gold in 1999 at virtually the low of $250. […]

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FINAL WARNING

The severe problems that the world economy and financial system have experienced in the last couple of years will seem like a walk in the park compared to what will happen in the next couple of years

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GOLD versus PAPER MONEY

An interview by Lars Schall with Egon von Greyerz has just been published on MMNews on the subject “Gold vs Paper Money”. The interview covers the role of gold in a likely hyperinflationary depression. Also discussed is the end of the US empire and the role of GATA (Gold Anti-Trust Action Committee). Egon von Greyerz […]

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GOLD IS NOW UNDERWRITTEN BY CHINA

There is really only one government in the world that understands the virtues of gold – China. Not only is the country buying all the gold that they can without pushing the price up but they are also encouraging the Chinese people via the media to buy gold and silver

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INFLATION DEFLATION AND GOLD

The current debt and asset deflation will not lead to a Japanese 1990’s  style deflationary period. It is more likely to lead to hyperinflation in the US, the UK and many other countries. Hyperinflation Most people find it very hard to fathom that the current asset deflation is a necessary precursor to hyperinflation. The consequences […]

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THE DARK YEARS ARE HERE

The Dark Years are here In this newsletter we will outline what is likely to be the devastating effect of the credit bubbles, government money printing and of the disastrous actions that governments are taking. Starting in the next 6 months and culminating in 2011-12 the world will experience a series of tumultuous events which […]

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WHERE IS THE GOOD NEWS?

The only reason why there has been an air of optimism in the world economy in the last couple of months is that the bearers of these false rumours of recovery all have a vested interest. They are either government officials who consistently mislead the people, bankers who are the principal beneficiaries of the dollar […]

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Golden Shoots

No green shoots There are no green shoots. Every single piece of economic and market news we observe confirms our view that the current optimism in the world economy is purely based on sentiment and not on facts. The current corrective rallies in world stockmarkets were forecast by us in our January Newsletter. Corrective rallies […]

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A RECIPE FOR DISASTER

Take the following ingredients: A banking system which is on the verge of collapse Add a few $ trillion of government liquidity and guarantees Inject $ 100’s of billions in loans and capital Keep all the bank management that have caused the crisis Pay them astronomical bonuses because otherwise they might be snapped up by […]

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LAST CHANCE TO BUY GOLD UNDER $ 1,000

“Don’t tell me what to buy, but tell me when to buy”! Back in 2002 we told investors to buy physical gold for up to 50% of their liquid assets. Since then gold is up between 220% and 280% depending on base currency. Thus it was very clear to us back then what the effect […]

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