Matt's Publications

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

Below we look at the math, history and current oil environment in the backdrop of a global debt crisis to better predict currency and gold market direction without the need of tarot cards.

Matthew Piepenburg / May 4, 2023

From oil markets to treasury stacking, backdoor QE, investor fantasy and hedge fund prepping, it’s becoming more and more clear that the big boys are bracing for disaster as gold stretches its legs fo...

Matthew Piepenburg / April 23, 2023

As we warned throughout 2022, the Fed’s overly rapid and overly steep rate hikes would only “work” until things began breaking, and, well…things have clearly begun to break, including the petrodollar....

Matthew Piepenburg / April 6, 2023

From bond markets to border wars, the world is openly and objectively tilting toward disaster. Many of us already know this, but what can be done? As I look back on just the latest and entirely predi...

Matthew Piepenburg / March 26, 2023

Two Failed Banks. The tech-friendly SVB story (i.e. FDIC shutdown) is actually preceded by another failed bank, namely the crypto-friendly Silvergate Capital. Corp, now heading into voluntary liquidat...

Matthew Piepenburg / March 13, 2023

Im Folgenden betrachten wir den US-Bundesstaat Kalifornien als Metapher für einen gescheiterten Staat aber auch als Metapher für das Scheitern des amerikanischen Staatenverbunds.

Matthew Piepenburg / March 10, 2023