Articles

Before I got the invite to a swank prep-school out East, I used to spend my Spring afternoons on a baseball diamond not too far from the home field of Derek Jeter, who was still playing local ball in...

Matthew Piepenburg / August 20, 2023

The Fed has two mandates - Maximum Employment and Price Stability If we look at price stability, the Fed has failed miserably.  The Fed employs 3,000 people in Washington DC of which 300 have a Ph.D...

Egon von Greyerz / August 13, 2023

I recently blew the dust off an old Rudyard Kipling poem, “If,” which many have castigated as a bit overly romantic, despite its high praise from Mark Twain and T.S. Eliot to India’s Khushwant Singh....

Matthew Piepenburg / August 6, 2023

Below we separate the hype from the sad reality of the USD in the face of a new “BRICS currency.” Net conclusion: The real death of the USD will be domestic not foreign.

Matthew Piepenburg / July 24, 2023

Will the world experience a catastrophic debt implosion? Just like the Titanic Submersible that recently imploded, the global debt bubble can implode “within just a fraction of a millisecond”. More l...

Egon von Greyerz / July 17, 2023

Becoming Powell’s (and the Devil’s) Advocate? I’ve been thinking, and re-thinking, Powell. It’s no secret that in numerous interviews and articles, Jerome Powell has been on my critical mind. I cal...

Matthew Piepenburg / July 9, 2023

It is considered the most anticipated recession of all time – the one looming in the US. And although countless indicators ranging from the yield curve, the Leading Economic Index (LEI) and PMIs to pr...

Ronnie Stoeferle / July 4, 2023

The time has now come for the 99.5% of financial assets which are not invested in gold silver or precious metals mining stocks to grab both the investment and wealth preservation opportunity of a life...

Egon von Greyerz / July 2, 2023

Below we consider how modern currency policy may not be so good for, well, the people... This is why gold inevitably enters the conversation, for unlike policy makers, this old pet rock garners more...

Matthew Piepenburg / June 25, 2023

Below, we look at gold in a broke(n) world of hubris, debt, Realpolitik and a rising east. For well over a year, we’ve openly declared that the Fed is cornered. That is, Powell knows he needs higher...

Matthew Piepenburg / June 18, 2023