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World Reserve Currency

How the West Was Lost: A Faltering World Reserve Currency

Debt destroys nations, financial systems, markets, and currencies. Always and every time. The inflationary financial system is now failing because its debt levels have rendered it impotent to grow eco...

Matthew Piepenburg / March 30, 2022

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Gold will rise

Why Gold Will Rise — The Financial System Has Changed

As the world focused keenly on Ukraine, few noticed the extent and magnitude to which the entire world financial system changed overnight. The consequences of this titanic shift are difficult to overs...

Matthew Piepenburg / March 16, 2022

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Ukraine War Headlines: Tough Talk + Real Math = Bad Options

Taken as a whole, all the chest puffing—from Boris to Biden—ignore the colder realities of the USD’s teetering reserve status, oil market realism (and inflation), Sino-Russian chess skills and record-...

Matthew Piepenburg / March 2, 2022

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gold rises

How Markets Tank & Gold Rises

One of gold’s many attributes is its historical honesty, and as far as we see it, as gold rises, it calls “BS” on the recent tough-talk from on high. Markets, for example, expected gold to fall hundre...

Matthew Piepenburg / February 18, 2022

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goldman sachs

Goldman Sachs & Bridgewater: Virtue-Signal as Implosion Looms

Although it may seem refreshing to see folks at Goldman or Bridgewater taking public swings at the Fed, it’s far too little and far too late. The warnings they are making today are the very same we’ve...

Matthew Piepenburg / February 2, 2022

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bi-polar-dollar

Getting Emotional: A Bi-Polar Dollar vs. a Sane Precious Metal

The Fed is handing us more inflation, rising rates, tanking bonds, a nervous equity market and a stagnating economy. Things will likely get emotional in 2022, for even the hawks are offering too littl...

Matthew Piepenburg / January 20, 2022

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Why 2022 Will be a Golden Year with Ronald Stoeferle

Matterhorn Asset Management advisor and Incrementum, AG Managing Partner, Ronald Stoeferle, shares his 2022 outlook for gold. As one of the world’s leading precious metal experts and author of the glo...

Ronnie Stoeferle / January 17, 2022

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American Exceptionalism

American Exceptionalism: Not Looking Too Exceptional for 2022

As the United States rolls into 2022, the tradition of American exceptionalism looks exceptionally untenable. With the inflation backing the Fed into a corner and geopolitical challenges mounting abro...

Matthew Piepenburg / January 3, 2022

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Dollar Illiquidity

Dollar Illiquidity — The Ironic Yet Ignored Spark for the Next Crisis

With the unabating onslaught of global money printing, it can be hard to believe the fragility of the global financial system lies in a potential shortage of dollars. The nuance lies in the Eurodollar...

Matthew Piepenburg / December 15, 2021

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Fear and Inflation

Fear and Inflation — The Timeless Policy Tools of Discredited Systems

When it comes to dying currencies and dying political credibility, be it from a parliament, White House or central bank, inflation, scape-goating and fear-mongering have always risen with eerie consis...

Matthew Piepenburg / December 9, 2021

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