GOLD: The Absolutely Essential Investment In A Warped System With Fake Money, False Markets


The mix of enormous printing of phony money, credit expansion to unsound debtors and uncollectable bills will be the death knell for the system.

by Egon von Greyerz of Gold Switzerland

The international financial system has for half a century undergone an act of contortion that couple of thought was possible. This has resulted in a distorted system with fake cash and false markets.

Just like the photo on the below, couple of comprehend how the world can be in such a bent position. Or is everything an illusion?

Let’s be clear, it is not just an impression but an absolutely deluded and twisted system that can never be bent back into a natural shape once again without damaging lots of vital parts.


You wonder where Veritas, the Roman goddess of truth remains in all of this. Couple of individuals have understood that she has constantly existed throughout history although few have discovered her over the last few years. In the financial system, gold has constantly informed the truth even when governments attempt to suppress or control it. All monetary systems have over time been ruined by greed. Not a single fiat currency has survived in its initial form.

It was Nixon (not a truth teller) who destroyed the present system. As soon as the gold standard was abolished in 1971, it has actually been a totally free for all cash printing gold mine for 50 years.


Since August 2019, the Fed and the ECB have orchestrated a crescendo of QE, requiring ever more fake money in a futile attempt to stop the inescapable collapse.


In the start, every nation thought that they would not be impacted.

The few nations that did take early rigid steps have up until now left with much less damage. What is scandalous in this globalist age is that there has actually been no cooperation in between countries in how to deal with CV-19 It reveals that all these wonderful unions, like the EU for instance, only operate in typical times. When a crisis starts it is every man and nation for himself.

The hope is now that a vaccine will fix it all.

In the meantime the variety of cases and deaths worldwide are increasing quickly. And we still have the risk of a second wave. In Spain for instance it appears to have actually started already. I question that the world and the world economy will operate usually a year from now.

Whatever the course the pandemic takes in the next few months, it has actually currently had major results on the world. There is the loss of lives and the long term impacts of the illness for survivors that are frequently serious and chronic. We have irreversible loss of tasks, companies closed with significant sectors like leisure and travel which will never get back to where they were. Same with retail, town centres, offices and so on. And world trade will contract substantially for a long time.


On top of the above problems, is the financial system that was currently bankrupt before CV. The mix of huge printing of fake money, credit expansion to unsound debtors and uncollectable bills will be the death knell for the system.

Accelerated money printing will occur in a desperate effort by governments and central banks to conserve the world.

Federal governments and reserve banks are doing an excellent job in keeping the fact about the destruction of their nation’s cash. All currencies are down 98-99% determined in gold considering that the Fed was developed in1913 But also because Nixon closed the gold window in 1971, the United States dollar, the Canadian, British, Australian and Swedish currencies are all down 98-99%.– See Chart below.

And if we look at the last 20 years considering that 2000, all currencies except for the Swiss franc are down 82-88% in genuine terms or gold.

Not surprising that governments don’t tell their people that they are totally damaging the currency and the economy. The pattern has been clear for over 100 years and accelerated given that 1971 and turned rapid given that 2000.


Again, history informs us the reality (Veritas is always present) however more than 99% of the population swallow the lies that governments and reserve banks feed them with. It is actually so easy, history informs us where to look for the fact and what will happen next and gold exposes federal governments deceitful actions in damaging the currency and the economy.

That federal governments will not let the people understand the fact is apparent. The fact is their greatest enemy.


However most people do not wish to hear the reality since it is uneasy. I and a couple of others have been basing on a soapbox for 20 years alerting individuals about the fate of the monetary system and the value of gold.

When one of my daughters got married 18 years back, I even told the 150 guests to buy gold– rather an unconventional part of a dad of the bride-to-be speech! But then I have never ever been accused of being traditional. Still, I question that a bachelor who participated in bought gold then or has because.

Instead individuals buy stocks, since they always increase. No one has told stock investors that is has been an extremely bad financial investment. Practically nobody knows that the Dow for instance is down 70% versus gold considering that 1999( leaving out dividends). No conventional journalist or expert will ever mention this. They are just too lazy to have a look at the real truths.

The Dow– Gold ratio is today 14, having been 45 in1999 It decreased to 6 in 2011, fixed up until 2018 and has actually now resumed the downtrend. In 1980, Dow-Gold reached 1 to 1. The long term pattern (disappointed) jobs a target 0.5 to 1. This suggests that the Dow is most likely to fall at least 95% from here in genuine terms or gold.

So stock financiers consisting of the recent retail financier mania remain in for an overall shock as stocks and the economy collapse together.


Lastly a word about the gold price. Today it broke the 2011 perpetuity high of $1,920 I have never ever considered the $1,920 level essential. Given that gold has in the last couple of years made new highs in all other currencies, it was constantly clear that the high for gold in dollars would be breached. Just unexpected that it took 11 years.

However we must bear in mind that gold is not going up but the dollar is collapsing. Simply this century the dollar has lost 85% of its worth in real terms– gold.

As the dollar reaches its intrinsic worth of zero in the next couple of years, it is undoubtedly totally worthless to measure gold in dollars since the rate in worthless fiat currency will be limitless.

Instead we can be particular that gold will maintain its buying power as it has over 5,000 years. However due to the overvaluation of the majority of assets and the undervaluation of gold, gold is most likely to carry out better than simply staying up to date with acquiring power. The scarcity of physical gold and the failure of the LBMA system and gold futures markets will be major factors in this as I talked about last week

It is interesting that just 0.5% of international financial assets are bought the only property that has held its buying power in history. In the next few years investors, from retail to institutional, will all desire gold. GOLD will be the SINE QUA NON investment that everyone wishes to own.

Future gold supply will be extremely limited and demand massive. So the only way to get hold of gold will be at costs which will be multiples of the existing price, even determined in today’s money. But keep in mind to hold physical and don’t keep one ounce within the insolvent monetary system.

Egon von Greyerz

Creator and Handling Partner

Matterhorn Asset Management

Zurich, Switzerland

Phone: +4144 213 62 45

Matterhorn Property Management’s international client base strategically shops an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Possession Management is pleased to provide an unique and extraordinary service to our extremely renowned wealth preservation clients in over 70 countries.

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