Savings

Broken World Economy Cannot Escape Scylla & Charybdis
Published by Egon Von Greyerz | Jul 10, 2020 | Articles 1251

As the world economy desperately tries to navigate to a safe harbour, is it going be pulled down by the six-headed monster Scylla or the Charybdis whirlpool (Homer’s Odyssey). It seems likely that Scylla is now starting to swallow parts the world before Charybdis will finish it off. A world severely weakened by debt and mismanagement is unlikely to have the strength of Odysseus to pass both obstacles without disastrous consequences.

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What Powell And Lagarde Told The G7?
Published by Egon Von Greyerz | Jul 5, 2020 | Articles 7675

Why don’t Powell and Lagarde tell the people that central bank actions are destroying the economy and the value of the country’s money. The dollar has lost 86% in this century and the Euro 82%, measured in real money. Real money is of course gold since it represents constant purchasing power and is the only money which has survived in history.

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The Great Reset
Published by Cyrille Jubert | Jun 17, 2020 | Articles 13641

On June 3, 2020, at the World Economic Forum, Kristalina Georgieva, the current director of the IMF, gave a conference untitled "The Great Reset". During her speech, she referred to the 1944 Bretton Woods conference, which had set the monetary rules for the following decades and she declared that this epidemic is an opportunity to change the world.

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Disconnect Between Rising Markets and the Current Economic Collapse
Published by Egon Von Greyerz | Jun 10, 2020 | Articles 1887

Egon von Greyerz and Grant Williams address global market risks, the now total disconnect between the recent price rise of risk assets and the current collapse in economic and social signals. They obviously also cover the role of gold as a historically consistent solution to both inevitable market volatility and the declining purchasing power of fiat currencies around the globe.

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Why Gold?
Author Jim Rickards | Published by Goldbroker ™ | Jun 8, 2020 | Articles 1628

Why gold? That’s a question I’m asked frequently. It’s usually followed by a comment along the lines of, “I don’t get it. It’s just a shiny rock. People dig it out of the ground and then put it back in the ground. What’s the point?” I usually begin my reply by saying, “It’s not a rock, it’s a metal” and then go from there.

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