Abnormal Risks Have Abnormal Consequences

Abnormal Risks Have Abnormal Consequences By Egon von Greyerz   Most people believe that the era we live in is totally normal. This is the case whether you live in a war-zone or in “Shangri-La”. It is the same with the economy. Everybody in the West today believes that stocks always go up and that […]

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Central Bankers Put Ponzi And Madoff To Shame

Central Bankers Put Ponzi And Madoff To Shame By Egon von Greyerz   Charles Ponzi must be turning in his grave! His pyramid scheme in 1920 guaranteed returns of 50% in 50 days and 100% in 100 days. And initial investors clearly achieved these returns but most of them were too greedy to cash in. […]

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The Gold Bull Is Back

The Gold Bull Is Back By Egon von Greyerz   We know that central banks and governments have lost the plot. When the crisis started in 2006, US short rates were 5%. In 2008 they were down to zero and have virtually stayed there ever since. A crisis package of $25 trillion was thrown at […]

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US Treasuries Will Sink Into A Black Hole

US Treasuries Will Sink Into A Black Hole By Egon von Greyerz   Investors around the world are blissfully ignorant of what will hit them in coming months and years. Virtually no one understands the risks in the world and less than ½% of investors have protected themselves against the destruction of their financial assets. It […]

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How Long Before Global Financial System Fails?

How Long Before Global Financial System Fails? By Egon von Greyerz   The global economy turned down in earnest already in 2006 but with a massive worldwide printing and lending programme, the world has had a temporary stay of execution. But the effect of this fabricated money has now come to an end. And what […]

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Your Money In The Bank Will Be Gone

Your Money In The Bank Will Be Gone By Egon von Greyerz   For anyone who has money in the bank today, it is virtually guaranteed that in the next 5-7 years either the bank will be gone or the money will be worthless, or probably both. Governments and Central Banks are now supreme experts […]

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How Long Before US Inflation Equals Argentina’s?

How Long Before US Inflation Equals Argentina’s? By Egon von Greyerz   The US and Argentina have a lot in common. Both are beautiful countries with a major land mass and an abundance of natural resources and agricultural land. Both had very strong economies around the turn of the last century. Political and economic problems […]

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Central Bankers’ Bogus Wand Will Have No Effect

Central Bankers’ Bogus Wand Will Have No Effect by Egon von Greyerz   Central Bank heads believe they are magicians who can wave their magic wand to create whatever economic conditions they desire. But the problem is that they are consistently wrong in their assessment of the economy so they don’t know what to do […]

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The House Of Cards Is Coming Down

The House Of Cards Is Coming Down by Egon von Greyerz   Deutsche Bank is bankrupt. China’s $30 trillion credit bubble will implode. Most banks will not survive. Banks stocks are down 20-50% this year and credit default swaps are surging in price. Hedge funds and speculators are losing fortunes on a surging yen. Short […]

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Risk Is Now Reaching Dangerous Levels

Risk Is Now Reaching Dangerous Levels by Egon von Greyerz   In my KWN interview on 31 January 2016 I stressed how the global domino’s are starting to fall with desperate governments applying the few tools they have left to avoid a total collapse. Japan has desperately tried to save their bankrupt economy with over […]

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Hyperinflation is here

HYPERINFLATION IS HERE by Egon von Greyerz Last week I wrote an article for King World News which showed that hyperinflation is on its way in many emerging markets. Soon it will also reach the US, Europe, Japan, China and many other countries. Hyperinflation has nothing to do with demand but is the effect of […]

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Are We Seeing The Beginning Of A 90% Fall In Stocks?

Markets can remain irrational for a very long time by Egon von Greyerz We ended 2015 as yet another year when most investors felt safe with their stocks, bonds, property and other investments. But sentiment can change very quickly and since the year end the Chinese market is down 14%, the S&P down 6% and […]

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How will the Fed explain away No Rate Increase?

How will the Fed explain away No Rate Increase? Egon von Greyerz December 14 2015 For face saving reasons the Fed definitely must increase interest rates on the 16th. This is what the Fed has led the market to believe and any deviation from this would give the Fed a vote of no confidence from […]

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Paper Gold Doesn’t Glitter

PAPER GOLD DOESN’T GLITTER by Egon von Greyerz Today when gold in US dollars is making a new correction low, the paper shorts are elated. They believe they can win this game of frightening every gold investor to sell their holding. But this elation is likely to soon turn to desperation. Supply tight in gold […]

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How long can a bull, fed on paper money, survive?

A Bull – Fed On Paper Money by Egon von Greyerz   It seems that a bull fed on paper money has eternal life. Whatever the news is, stock markets worldwide react positively. It takes a long time to kill off a secular bull even if it has the wrong diet. Source Illustration by Karl […]

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When will the Bank Bubble Burst

When will the Bank Bubble Burst by Egon von Greyerz We just had another confirmation that banks are dealing in sums which they don’t understand themselves. A junior employee in Deutsche Bank (DB) paid $6 billion to a hedge fund which was the gross value of a position. He should have paid the net. That […]

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Sensational Events Looming?

Sensational Events Looming? by Egon von Greyerz   In my most recent article, A Stock Market Collapse and Surge in Gold is Imminent, I discuss the excesses in the world and the effects that will have on the financial system and the stock market as well as on the gold and silver prices. Yes, some […]

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