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G20 meeting will fail

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

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A Devalued Gordon Brown

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

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Bankers beware

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

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Quantitative easing = Unlimited printing

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

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The alchemist invests in gold

by Egon von Greyerz Everything the world’s most successful hedge fund manager has touched in the last couple of years has turned to gold. Now he is also investing in gold. This will be the first...

Egon von Greyerz / March 19, 2009

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