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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 depen...

Egon von Greyerz / December 31, 2010

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. Gol...

Egon von Greyerz / September 6, 2010

India, like China, understands INDIA BUYS GOLD – UK BUYS BANKS, 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. Th...

Egon von Greyerz / November 3, 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

Egon von Greyerz / October 22, 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...

Egon von Greyerz / September 11, 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. H...

Egon von Greyerz / August 3, 2009

In this newsletter, we will outline what is likely to be the devastating effect of the credit bubbles, government money printing and the disastrous actions that governments are taking. Starting in the...

Egon von Greyerz / July 14, 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 n...

Egon von Greyerz / June 19, 2009

Take the following ingredients: And what do you get? A Banking system which: That, ladies and gentlemen, is the state of the world’s financial system today and that is why you need to protect yo...

Egon von Greyerz / June 12, 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 t...

Egon von Greyerz / April 9, 2009

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 Treas...

Egon von Greyerz / March 19, 2009