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Matthew Pipenburg: This is the Last Bubble... And It's Global

Palisades Gold Radio
104K subscribers
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37K views 10 months ago #Inflation #GoldInvestment #Gold
Tom welcomes back Matthew Pipenburg from Von Greyerz Gold Switzerland to discusses the economic climate. Matt emphasizes the importance of understanding historical context and separating facts from biases. He believes that common sense reveals issues in various markets, leading to a potential debt crisis causing inflation and currency destruction. Trust is also eroding, particularly in US Treasuries and the US dollar narrative. He advises preparing for these changes as they're already happening. Palisade Radio Links: ► Website & Newsletter: https://palisadesradio.ca ► Rumble: https://rumble.com/c/c-1586024 ► Odysee: https://odysee.com/@PalisadesGoldRadio:c ► BitChute: https://www.bitchute.com/channel/67kk... Matt discuss the comparison of current debt levels with those after World War II, acknowledging significant differences: America moving from a creditor to a debtor role. Raising interest rates to combat inflation is less effective when pub …...more
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Matthew Pipenburg: This is the Last Bubble... And It's Global
1.2KLikes
37,170Views
Jun 252024
Tom welcomes back Matthew Pipenburg from Von Greyerz Gold Switzerland to discusses the economic climate. Matt emphasizes the importance of understanding historical context and separating facts from biases. He believes that common sense reveals issues in various markets, leading to a potential debt crisis causing inflation and currency destruction. Trust is also eroding, particularly in US Treasuries and the US dollar narrative. He advises preparing for these changes as they're already happening. Palisade Radio Links: ► Website & Newsletter: https://palisadesradio.ca ► Rumble: https://rumble.com/c/c-1586024 ► Odysee: https://odysee.com/@PalisadesGoldRadio:c ► BitChute: https://www.bitchute.com/channel/67kk... Matt discuss the comparison of current debt levels with those after World War II, acknowledging significant differences: America moving from a creditor to a debtor role. Raising interest rates to combat inflation is less effective when public debt reaches unprecedented levels. Central banks cannot export inflation like they used to, making such actions impossible without causing unpayable interest expenses. Alarming trends in bankruptcies, unemployment, and overvalued markets are evidence of economic instability due to unsustainable debt levels. Matt also discusses the risks associated with junk bonds, including their inability to refinance at higher interest rates and potential defaults. High yield bonds offer little yield for significant risk. Private credit pools, which hold bad loans, are a major concern due to their lack of transparency and potential value distortion. Central banks' shift towards gold as a savings instrument is discussed, with physical gold replacing U.S. Treasuries as a reserve asset. Central banks in the East have been net buyers of gold since 2014. Matt advises individuals to save in gold instead of the US dollar for long-term value preservation. Gold significantly outperforms various assets in relation to U.S. Treasuries, making it an attractive hedge against inflation and debt. The conversation concludes with Matt emphasizing self-education, forming opinions on the current economic climate, and considering long-term investments in real assets and commodities, particularly physical gold as a hedge against inflation and debt. Time Stamp References: 0:00 - Introduction 0:50 - Reality, Facts, & Trust 6:10 - Hard Assets & Recency Bias 12:43 - Debt & GDP Risks 18:52 - Bonds & 'High' Yields 23:25 - Mark To Market & Risk 28:43 - Market Liquidity & Flow 32:50 - New Currencies & BRICS 42:14 - Dollar Trade & Metrics 48:25 - Perception of Gold 56:38 - Risky Assets & Yields 1:02:25 - Optionality & Speculation 1:06:58 - Miners & Other Plays? 1:12:38 - Equity Risk & Value 1:19:09 - Wrap Up Talking Points From This Episode
  • Historical debt levels reveal economic instability; prepare for potential crisis.
  • Junk bonds present risks of refinancing and defaults.
  • Gold emerges as an excellent savings instrument and hedge against inflation.
Guest Links Twitter:   / goldswitzerland   Website: https://goldswitzerland.com/ Articles: https://signalsmatter.com/ Book (Amazon): https://tinyurl.com/pvpfmy8c Matthew Piepenburg is a Partner of Von Greyerz and the author of the popular book, "Rigged to Fail". Matt is fluent in French, German, and English. He is a graduate of Brown (BA), Harvard (MA), and the University of Michigan (JD). His widely-respected reports on macro conditions and the changing behavior of risk assets are published regularly at SignalsMatter.com. #MatthewPiepenburg #GoldSwitzerland #Reality #Facts #RecencyBias #Gold #Inflation #Debt #GDP #BondMarkets #Equities #Risk #Return #Dollar #Bonds #GoldInvestment #JunkBonds #Inflation #DebtCrisis

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Palisades Gold Radio

104K subscribers