Articles

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

When Humpty Dumpty fell off the wall and took a big fall, “all the king’s horses and all the king’s men could not put Humpty-Dumpty together again.” I see a similar fate for the US debt egg, whose cr...

Matthew Piepenburg / June 11, 2023

We have hardly been the first nor the last to realize that rising rates “break things.” We’ve all seen the disastrous credit events in the repo crisis of late 2019, the UST debacle in March of 2020,...

Matthew Piepenburg / June 4, 2023

Below, we look at simple facts in the context of complex markets to underscore the dangerous direction of Fed-Speak and Fed policy. Keep It Simple, Stupid. The simple facts are clear to almost anyon...

Matthew Piepenburg / May 28, 2023

Below, we see why the USA is screwed. De-Dollarization: Downplaying the Obvious De-Dollarization is a real, all too real trend, though it is both fascinating and disturbing to see what is otherwise...

Matthew Piepenburg / May 21, 2023

Tectonic shifts lie ahead. These will involve a US and European debt crisis ending in a debt collapse, a precipitous fall of the dollar and the Euro with Gold emerging as a reserve asset but at multip...

Egon von Greyerz / May 15, 2023