Articles

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

“Don’t tell me what to buy, but tell me when to buy”! Back in 2002 we told investors to buy physical gold for up to 50% of their liquid assets. Since then gold is up between 220% and...

Egon von Greyerz / May 28, 2009

We have told investors that the rating of US and UK sovereign debt is a farce and that they both will be downgraded. Today the UK is on its way to joining the PIGS countries as Standard and Poor’...

Egon von Greyerz / May 21, 2009

Or, we could say  “Goodbye Paper Money  – Hello Real Money”. We have for some time warned investors that the era of the dollar as a reserve currency is coming to an end soo...

Egon von Greyerz / May 13, 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

Gordon Brown has really surpassed himself in creative alchemy. He has turned $100 billion of G20 new commitments into $5 trillion of air! Take $100 billion of committed new money, add $500 billion of...

Egon von Greyerz / April 3, 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 / March 30, 2009

In our February Newsletter we discussed the bankrupt UK econony. MEP (Member of European Parliament) Daniel Hannan makes a scathing attack on Gordon Brown and his failure in running the UK economy,  i...

Egon von Greyerz / March 27, 2009

by Egon von Greyerz The incitement to violence is gaining momentum and the latest example is an article in the Daily Mail: Seize their Porches and throw them in jail! Shameless bankers are worse than...

Egon von Greyerz / March 22, 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