INSIGHTS & MARKET COMMENTARY




GOLD IS NOT GOING UP – PAPER MONEY IS GOING DOWN

by Egon von Greyerz December 7, 2009

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 zer […]

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INDIA BUYS GOLD – UK BUYS BANKS

by Egon von Greyerz November 3, 2009

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. [&hell […]

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FINAL WARNING

by Egon von Greyerz October 22, 2009

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

by Egon von Greyerz October 4, 2009

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 Actio […]

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GOLD IS NOW UNDERWRITTEN BY CHINA

by Egon von Greyerz September 11, 2009

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

by Egon von Greyerz August 3, 2009

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 pr […]

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THE DARK YEARS ARE HERE

by Egon von Greyerz July 14, 2009

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 seri […]

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WHERE IS THE GOOD NEWS?

by Egon von Greyerz June 26, 2009

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 beneficia […]

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GOLDEN SHOOTS

by Egon von Greyerz June 19, 2009

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 […]

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A RECIPE FOR DISASTER

by Egon von Greyerz June 12, 2009

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 otherwis […]

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LAST CHANCE TO BUY GOLD UNDER $ 1,000

by Egon von Greyerz May 28, 2009

“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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UK JOINS THE PIGS – GOLD IS YOUR ONLY PROTECTION

by Egon von Greyerz May 21, 2009

We have told investors that the rating of US and UK sovereign debt is a farce and that they both will be downgraded. Today the UK is on its way to joining the PIGS countries as Standard and Poor’s lower the UK’s AAA outlook from “stable to negative”. The PIGS countries are th […]

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GOODBYE DOLLAR – HELLO GOLD

by Egon von Greyerz May 13, 2009

Or, we could say  “Goodbye Paper Money  – Hello Real Money”. We have for some time warned investors that the era of the dollar as a reserve currency is coming to an end soon and that the strongest and safest currency is gold. All currencies are hopelessly declining in value again […]

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GOLD GAINS AGAINST ALL MAJOR CURRENCIES IN Q1 2009

by Egon von Greyerz April 9, 2009

Gold outperformed most assets in the first quarter of 2009. On the Matterhorn Asset Management website the  Gold charts pages show that  gold gained between 4% and 7% against major currencies  in Q1 2009. In spite of being well off the highs for the quarter gold still showed an excellent return […]

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G20 – LIES, DAMNED LIES AND GORDON BROWN LIES

by Egon von Greyerz April 3, 2009

Gordon Brown has really surpassed himself in creative alchemy. He has turned $100 billion of G20 new commitments into $5 trillion of air! Take $100 billion of committed new money, add $500 billion of already committed money, add non-committed but discussed amounts of $500 billion and you present a h […]

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G20 MEETING WILL FAIL

by Egon von Greyerz March 30, 2009

This week there will be a meeting between G20 leaders and central bankers in London to save the world economy. Let us make it very clear – the meeting is bound to fail. There is no chance that the G20 leaders will reach an agreement that will save the world economy. Even two world leaders [&he […]

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A DEVALUED GORDON BROWN

by Egon von Greyerz March 27, 2009

In our February Newsletter we discussed the bankrupt UK econony. MEP (Member of European Parliament) Daniel Hannan makes a scathing attack on Gordon Brown and his failure in running the UK economy,  in the video clip below. This is an outstanding and extremely articulate speech accusing a devalued […]

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BANKERS BEWARE

by Egon von Greyerz March 22, 2009

by Egon von Greyerz The incitement to violence is gaining momentum and the latest example is an article in the Daily Mail: Seize their Porches and throw them in jail! Shameless bankers are worse than Train Robbers […]

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QUANTITATIVE EASING = UNLIMITED PRINTING

by Egon von Greyerz March 19, 2009

by Egon von Greyerz The Fed decided yesterday to spend another $ 1.15 trillion to try to save the financial system. They will spend $ 750 billion to  buy mortgage backed securities and $ 300 billion to buy long term Tresuries. These purchases will make the Fed’s balance sheet baloon to $ 4 tr […]

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THE ALCHEMIST INVESTS IN GOLD

by Egon von Greyerz March 19, 2009

by Egon von Greyerz Everything the world’s most successful hedge fund manager has touched in the last couple of years has turned to gold. Now he is also investing in gold. This will be the first of many fund purchases of undervalued gold shares. […]

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All publications by Egon von Greyerz