09-05-2023, 09:29 AM
IT IS NO LONGER A QUESTION OF WHERE WE ARE HEADING BUT WHEN IT'S GOING TO HAPPEN AND WHETHER YOUR GOING TO BECOME A VICTIM OR SURVIVOR.
WORST SOCIOECONOMIC DECLINE IN MODERN HISTORY WITH GERALD CELENTE
ITS ALL ABOUT ECONOMIC SURVIVAL – GOT GOLD?
https://goldswitzerland.com/its-all-abou...-got-gold/
WILL THIS FALL BE THE FALL OF FALLS?
This 25 minute video with Matthew Piepenburg and myself is probably one of the most important discussions that we have had.For years we have both warned investors about the consequences of a system based on unlimited money printing, debt creation and money debasement.
The world economy and the financial system is now on the cusp of a precipice. No one can forecast when the coming violent turn will come. It can take years or it can happen tomorrow. Future historians will tell us when it happened.In the meantime investors have one duty to themselves and their dependents which is to protect their wealth from total destruction.
Money printing and debt creation have taken markets to dizzy and unsustainable levels. Since Nixon closed the gold window in 1971, both global and US debt is up over 80X!And asset markets have been inflated by this fake money with the Nasdaq up 120X and the S&P up 44X since 1971. But the bubbles are not just in stocks but also in bonds, property, art, other collectibles etc, etc.In our view, the time to pay the Piper is here and now. The consequences will be costly, even very costly for the investors who ignore this major risk.Just as bubble assets can go up exponentially they can implode even faster.
RISK OF MARKETS FALLING 50-90%
Sustained corrections of 50% to 90% in stocks and bonds are very possible and when the bubble bursts it will go so fast that there won’t be time to get out or to buy insurance. Whether the Everything Bubble turns to theEverything Collapse today or tomorrow, the time to protect your assets is before it happens which means NOW.
Forecasting the gold price is a Mug’s game . But understanding the significance of gold for protecting against unprecedented risk is not. We had the Ides of March in mid March this year when 4 US banks, led by Silicon Valley Bank and Credit Suisse, Switzerland’s second biggest bank all went under in a matter of days.
That was a rehearsal. Bad debts and rising interest rates are a timebomb for the banking system. So is the $2-3 quadrillion derivatives risk. This gargantuan risks are before us now and could materialise at any time starting this autumn. The risk ofA Catastrophic Debt Implosion is just too big to ignore.
In our video discussion below Matt and I discuss these risks and most importantly, the best way to protect or insure against this risk. Owning physical gold outside the banking system is by far the superior method to preserve wealth. But it is not just about buying physical gold but how you own it, where you store it, in what jurisdictions etc.This is an area which MAM/GoldSwitzerland has focused on for a quarter of a century and has developed a superior system for HNWIs.
ICONIC AMERICA VS DEBT SOAKED AMERICA:
HARD LANDING AHEAD
In this extensive presentation by Matterhorn Asset Management partner, Matthew Piepenburg,
we separate the iconic America from the current and debt-soaked America to better prepare investors with facts and figures rather than platitudes and nostalgia.
Piepenburg opens with a sober look at US debt to GDP and Debt to Tax Receipts data to underscore the increasingly unsustainable profile of US debt levels and the increasingly ineffective solution of paying for that debt with “mouse-click” money.
Piepenburg addresses the four turning points which placed America in this openly absurd situation. He then turns toward current, yet failed, policies to save a central bank and US system now trapped between a rock and a hard place…
Debt levels monetized with fiat money are naturally inflationary. But now Powell is “fighting” this inflation with rising rates—which are dis-inflationary. Piepenburg explains how such temporary measures are ultimately inflationary, despite desperate attempts in DC to claim a slow victory over inflation. In the meantime, Piepenburg gives example after example of the hard rather than soft consequences of Powell’s “war on inflation,” which he compares to Napoleon’s march on Moscow—that is: You win a battle but lose the war.
In the end, and despite dis-inflationary (and even deflationary market corrections), the end-game for an America with increasingly unloved bonds and increasingly distrusted dollars is more central bank liquidity—which by definition is inflationary. Of course, gold is then discussed as history’s most obvious answer to this equally historical debt and currency trap.
THE END OF A HISTORICAL DEBT CYCLE :
PREPARE OR SUFFER
CENTRALIZATION AND THE DEATH OF CAPITALISM,
THE MIDDLE CLASS AND DEMOCRACY
MUCH HARDER LANDINGS AND CENTRALIZED INFLATIONARY POLICIES AHEAD
DISCOVERING THE POWER OF GOLD :
DE-DOLLARISATION AND ITS IMPACT
AFTER SVB AND CREDIT SUISSE COLLAPSE, BAIL-INS NEXT
WORST SOCIOECONOMIC DECLINE IN MODERN HISTORY WITH GERALD CELENTE
ITS ALL ABOUT ECONOMIC SURVIVAL – GOT GOLD?
https://goldswitzerland.com/its-all-abou...-got-gold/
WILL THIS FALL BE THE FALL OF FALLS?
This 25 minute video with Matthew Piepenburg and myself is probably one of the most important discussions that we have had.For years we have both warned investors about the consequences of a system based on unlimited money printing, debt creation and money debasement.
The world economy and the financial system is now on the cusp of a precipice. No one can forecast when the coming violent turn will come. It can take years or it can happen tomorrow. Future historians will tell us when it happened.In the meantime investors have one duty to themselves and their dependents which is to protect their wealth from total destruction.
Money printing and debt creation have taken markets to dizzy and unsustainable levels. Since Nixon closed the gold window in 1971, both global and US debt is up over 80X!And asset markets have been inflated by this fake money with the Nasdaq up 120X and the S&P up 44X since 1971. But the bubbles are not just in stocks but also in bonds, property, art, other collectibles etc, etc.In our view, the time to pay the Piper is here and now. The consequences will be costly, even very costly for the investors who ignore this major risk.Just as bubble assets can go up exponentially they can implode even faster.
RISK OF MARKETS FALLING 50-90%
Sustained corrections of 50% to 90% in stocks and bonds are very possible and when the bubble bursts it will go so fast that there won’t be time to get out or to buy insurance. Whether the Everything Bubble turns to theEverything Collapse today or tomorrow, the time to protect your assets is before it happens which means NOW.
Forecasting the gold price is a Mug’s game . But understanding the significance of gold for protecting against unprecedented risk is not. We had the Ides of March in mid March this year when 4 US banks, led by Silicon Valley Bank and Credit Suisse, Switzerland’s second biggest bank all went under in a matter of days.
That was a rehearsal. Bad debts and rising interest rates are a timebomb for the banking system. So is the $2-3 quadrillion derivatives risk. This gargantuan risks are before us now and could materialise at any time starting this autumn. The risk ofA Catastrophic Debt Implosion is just too big to ignore.
In our video discussion below Matt and I discuss these risks and most importantly, the best way to protect or insure against this risk. Owning physical gold outside the banking system is by far the superior method to preserve wealth. But it is not just about buying physical gold but how you own it, where you store it, in what jurisdictions etc.This is an area which MAM/GoldSwitzerland has focused on for a quarter of a century and has developed a superior system for HNWIs.
ICONIC AMERICA VS DEBT SOAKED AMERICA:
HARD LANDING AHEAD
In this extensive presentation by Matterhorn Asset Management partner, Matthew Piepenburg,
we separate the iconic America from the current and debt-soaked America to better prepare investors with facts and figures rather than platitudes and nostalgia.
Piepenburg opens with a sober look at US debt to GDP and Debt to Tax Receipts data to underscore the increasingly unsustainable profile of US debt levels and the increasingly ineffective solution of paying for that debt with “mouse-click” money.
Piepenburg addresses the four turning points which placed America in this openly absurd situation. He then turns toward current, yet failed, policies to save a central bank and US system now trapped between a rock and a hard place…
Debt levels monetized with fiat money are naturally inflationary. But now Powell is “fighting” this inflation with rising rates—which are dis-inflationary. Piepenburg explains how such temporary measures are ultimately inflationary, despite desperate attempts in DC to claim a slow victory over inflation. In the meantime, Piepenburg gives example after example of the hard rather than soft consequences of Powell’s “war on inflation,” which he compares to Napoleon’s march on Moscow—that is: You win a battle but lose the war.
In the end, and despite dis-inflationary (and even deflationary market corrections), the end-game for an America with increasingly unloved bonds and increasingly distrusted dollars is more central bank liquidity—which by definition is inflationary. Of course, gold is then discussed as history’s most obvious answer to this equally historical debt and currency trap.
THE END OF A HISTORICAL DEBT CYCLE :
PREPARE OR SUFFER
CENTRALIZATION AND THE DEATH OF CAPITALISM,
THE MIDDLE CLASS AND DEMOCRACY
MUCH HARDER LANDINGS AND CENTRALIZED INFLATIONARY POLICIES AHEAD
DISCOVERING THE POWER OF GOLD :
DE-DOLLARISATION AND ITS IMPACT
AFTER SVB AND CREDIT SUISSE COLLAPSE, BAIL-INS NEXT