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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

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 a...

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: 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 Kee...

Egon von Greyerz / June 12, 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 2...

Egon von Greyerz / April 9, 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 t...

Egon von Greyerz / March 19, 2009