Matt's Publications

Upton Sinclair famously observed that, “it is difficult to get a man to understand something, when his salary depends on his not understanding it.” After decades navigating among Wall Street sell-side...

Matthew Piepenburg / April 19, 2021

When it comes to the topic of banking risk, well…one can only lean back in a chair, sigh and say: “Where to begin?”

Matthew Piepenburg / April 10, 2021

In recent weeks, I’ve authored many reports pointing toward the certainty of both current as well as rising inflation ahead, which, of course, is favorable to the long-term price direction in gold. Th...

Matthew Piepenburg / April 4, 2021

Over the years I’ve written almost ad nauseum about the crazy I see (and saw) around me as a fund manager, family office principal and individual investor. The list includes

Matthew Piepenburg / March 27, 2021

We certainly live in interesting times. Yet be you bear or bull, left or right, optimist, cynic or pessimist, one would be hard pressed to pretend that anything is, well, normal.

Matthew Piepenburg / March 20, 2021

In our own recent reports (and frankly any report) addressing the topic of precious metals, we confronted inflation topics, including, its many tailwinds. One critical tailwind for rising inflation i...

Matthew Piepenburg / March 18, 2021

Worried about gold sentiment? Don’t be. The mainstream view of gold right now is an open yawn, and sentiment indicators for this precious metal are now at 3-year lows despite the gold highs of last Au...

Matthew Piepenburg / March 15, 2021

For quite some time we have been warning about the rising shark fin of rising yields and rates. As of this writing, one can almost hear John Williams’ orchestral theme song to Jaws ringing in the ear...

Matthew Piepenburg / March 12, 2021

Despite a penchant for double-speak that would make a politician blush, the Fed tells us that its primary focus is unemployment not inflation. Let me remind readers, however, that an openly nervous Mr...

Matthew Piepenburg / March 9, 2021

I’ve often joked that fretting over delusional price moves in individual stock names in a market Twilight Zone is akin to fretting over the desert choices on the Titanic’s dinner menu.

Matthew Piepenburg / March 1, 2021