Fiat Money

The picture above shows the Bonfire of the Vanities (Falò delle Vanità)in 1497 in Florence. Objects of sin like art, books, cosmetics etc were burnt. Tom Wolfe wrote an excellent book with the same ti...

Egon von Greyerz / March 27, 2025

The inevitable consequence of the current Global Debt Bubble will be the Bankruptcy of the financial system and many of its participants. The one Swiss and three US banks that just went under is just...

Egon von Greyerz / April 16, 2023

Since the Great Financial Crisis started in 2006, global debt has more than doubled from $125 trillion to $260 trillion. The more money that has been printed, the lower interest rates have gone. In 2...

Egon von Greyerz / December 19, 2019

In the long history of governments and central banks deceiving the people, August 15,1971 was just another date in the calendar. Throughout history, the ruling elite has always cheated the people. But...

Egon von Greyerz / December 4, 2019

Viktor set out his investment strategy early in life. He started with $10,000 in 1970 and his assets are today worth $121 million. But Viktor believes that this is just the beginning. He expects to re...

Egon von Greyerz / November 28, 2019

The gold price is determined in a Casino with massive leverage and has nothing to do with the real price of physical gold. More about that later in the article. At what point will gold turn from a mi...

Egon von Greyerz / November 14, 2019

“BREXIT, is in the last innings, UK will get out” - This is how Egon von Greyerz starts the interview with Eric King of King World News. Egon goes on to say that in the long run the EU w...

Egon von Greyerz / October 18, 2019

“Sic Transit Gloria Mundi” (Thus passes the glory of the world). This phrase was used at the papal coronations between the early 1400s and 1963. It was meant to indicate the transitory or ephem...

Egon von Greyerz / October 17, 2019

What is history’s greatest illusion? Is it the Indian Rope Trick or is it performed by Houdini or maybe David Copperfield. No, this is an illusion which is so big that the whole world has fallen for...

Egon von Greyerz / September 11, 2019

The world is now standing before a seminal moment and virtually nobody can see it. There has not been a more critical moment in the last 50 years than what we are now facing. In 1971, the world faced...

Egon von Greyerz / August 29, 2019