GREYERZ & PIEPENBURG: “BANCA ROTTA AND THE NEW ABNORMAL: SAFEGUARD YOUR WEALTH WITH GOLD”

By Egon von Greyerz

Founder and Chairman

May 19, 2020

Matthew Piepenburg and Egon von Greyerz recently delivered two compelling presentations as keynote speakers at a prestigious gold exhibition in Frankfurt. Their insightful talks captivated the audience over the course of two days, offering valuable insights into the global economy and the significance of gold. The event also featured renowned speakers such as Alasdair Macleod from Goldmoney, further enhancing the calibre of expertise and knowledge shared at the exhibition.

The New (Long-Term) Abnormal: Scary For Almost Everything But Gold

Matthew Piepenburg, partner at Matterhorn Asset Management AG, discusses the global economy and the importance of understanding the gold market. He emphasises the significance of the debt reality and the gold question, as well as the competing aphorisms of “the devil is in the details” and “keep it simple, stupid.” He talks about de-dollarisation, the shifting role and trust in the US dollar as a global payment system, bond markets, and the shift towards commodities. Piepenburg also explains the forces in play causing the shift to gold, the potential of Central Bank digital currencies, and the risk of CBDCs that politicians are not disclosing. Lastly, he predicts social unrest due to wealth inequality, the lack of transparency and informed debate in politics, and the emergence of cooperation within society.

Banca Rotta- The Everything Collapse

Egon von Greyerz predicts that the world will experience tough times ahead caused by hyperinflation, massive money printing and a deflationary implosion due to the failure of the financial system, with the collapse of several banks as evidence. He believes that the continued printing of money and actions of governments and central bankers will only lead to the worst outcome, with the west falling and power moving to asset or manufacturing-based countries. Emphasising the importance of investing in gold for financial protection, von Greyerz suggests that gold is in an ongoing bull market and is the only money that has survived throughout history, maintaining constant purchasing power as Nature’s money.