Banks

Tinker, tailor, soldier, sailor, rich man, poor man, beggar man, thief

This old nursery rhyme, or counting game, dating back from the late 17th century, could be seen as a prediction...

Egon von Greyerz / January 31, 2019

The risk of holding cash or gold in a bank is increasing continuously. Later on I discuss the difficulties bank clients encounter in taking money or gold out of their bank. The word risk can be trace...

Egon von Greyerz / November 23, 2018

Owning gold is life insurance and wealth preservation. Anyone who has lived through hyperinflationary periods in the Weimar Republic, Zimbabwe, Argentina or Venezuela understands the importance of gol...

Egon von Greyerz / November 15, 2018

Where the gold is going is certainly no secret. Whilst the West has not got a clue of the strategic significance of physical gold, the East’s accumulation of the yellow metal continues unabated.

Egon von Greyerz / November 1, 2018

Bulls are not killed off easily, They are strong, fierce and have real staying power. And this is what should be expected at a top of a secular bull market. Injured or weakened, the bull will still go...

Egon von Greyerz / October 26, 2018

With global investment markets standing at crossroads, investors have the option to lose it all or to benefit from the biggest wealth transfer in history. I have quoted this passage from Shakespeare’s...

Egon von Greyerz / September 27, 2018

Will this be the Fall of Falls. 10 years after the Lehman collapse, will we again have an Autumn of Shocks in financial markets? The odds are very high! Overstretched stock markets look extremely vuln...

Egon von Greyerz / September 20, 2018

Hindsight is the most exact of all sciences. Most people who live their life backwards have a miserable life. Having been around for a while, I tend not to look back, especially not at negative events...

Egon von Greyerz / September 6, 2018

Embrace uncertainty - Anyone who doesn’t follow this momentous maxim in coming years is likely to get one unpleasant shock after the next. Because the stable progression of the world economy si...

Egon von Greyerz / August 8, 2018

“The rich rules over the poor, and the borrower becomes the lender’s slave.”
- Solomon
This is the story about Debtor, a newborn American baby. Debtor has just been born into the gre...

Egon von Greyerz / July 13, 2018