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THE ICARUS WAX OF THE EVERYTHING BUBBLE IS MELTING
When will the wax melt that holds up the global economy and everything bubble? Hubris is driving humans and markets ever higher and closer to the sun. The higher everything goes, the greater the risk...
Egon von Greyerz / June 23, 2021
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One Mad Market & Six Cold Reality-Checks
Fact checking politicos, headlines and central bankers is one thing. Putting their “facts” into context is another. Toward that end, it’s critical to place so-called “economic growth,” Treasury market...
Matthew Piepenburg / June 21, 2021
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GLOBAL DEBT FROM $300 TRILLION TO $2 QUADRILLION IN NEXT 5-10 YEARS
The coming 5-10 years are likely to see asset prices decline by at least 90% in real terms. Yes stocks, bonds and property prices will in coming years collapse. But that’s not enough, the whole struct...
Egon von Greyerz / June 16, 2021
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Translating Yellen-Speak into Golden-Speak
Given the increasingly politicized interplay (cancer) of central bank policy and so-called free market price discovery, it’s becoming increasingly more important to track the actions of central banker...
Matthew Piepenburg / June 14, 2021
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“Transitory” Inflation? — Sublime Yet Ridiculous
History is a funny thing, almost as funny as human nature. The policy makers, including their latest meme of “transitory inflation,” are no exception to such psychological tragi-comedy. In short, we d...
Matthew Piepenburg / June 7, 2021
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Gold’s Middle Finger to Lying Currencies
Sensationalism, like central bankers and policy makers, has many faces, views and voices. This may explain why so many want to hold their ears, hug their knees and beg the heavens for a beacon of guid...
Matthew Piepenburg / May 30, 2021
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EXPONENTIALITY LEADS TO FINALITY
As technological developments and markets go parabolic, we observe many market “experts”, even intelligent ones, forecasting that we are now in an exponential economic era. Thus many believe that this...
Egon von Greyerz / May 26, 2021
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EVERYTHING IS ON FIRE
“Everything is on fire” - Heraclitus (535-475 BC)
What Heraclitus meant was that the world is in a constant state of flux. But the...
Egon von Greyerz / May 19, 2021
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Bitcoin vs. Gold: A Tired Debate
We’ve written elsewhere about the ironic over-use of logic to justify otherwise illogical biases. As Swiss-based precious metals professionals who see physical gold and silver as currency protection...
Matthew Piepenburg / May 17, 2021
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Keep It Simple: Gold vs. a Mad World
Psychologists, poets and philosophers have written for centuries that many who have eyes refuse to see, and many who can think, refuse to think clearly--all for the simple reason that some truths, lik...
Matthew Piepenburg / May 10, 2021
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