Bretton Woods II Won’t Repair COVID Aftermath

November 4, 2020

In this latest MAM Chat, Egon von Greyerz and Matthew Piepenburg respectfully discuss the available facts regarding COVID data and the viral impact on global economies as large parts of the EU brace for more lockdown measures. How can one balance the controversial issue of measuring human lives against hard economic facts? Egon and Matthew address the costs, as well as the outstanding invoice for the current crisis, and address the obvious question: How will it be paid?

The answers are equally obvious and no less controversial—more debt and more fiat currencies will be magically produced out of thin air. Needless to say, that’s also where the purchasing power of the major global currencies are heading: Vanishing to thin air.

Matthew addresses the IMF’s latest “miracle solution” of a Second Bretton Woods with frank criticism and simple perspective as Egon speculates on the unenviable task of when the new currency and debt measures will run out of steam and send markets to the basement of history. As always, all solutions to such inevitabilities point toward precious metals.

Egon von Greyerz

Founder and Managing Partner

Matterhorn Asset Management

Zurich, Switzerland

Phone: +41 44 213 62 45



Matterhorn Asset Management’s global client base strategically stores an important part of their wealth in Switzerland in physical gold and silver outside the banking system. Matterhorn Asset Management is pleased to deliver a unique and exceptional service to our highly esteemed wealth preservation clientele in over 70 countries.

GoldSwitzerland.com

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Egon von Greyerz – Founder and Managing Partner of Matterhorn Asset Management (MAM) and GoldSwitzerland based in Zurich. Egon forecasted the present problems in the world economy already in 2002 when he recommended to investors to allocate 50% of assets into physical gold (at $300) stored outside the banking system. Egon began as a banker in Geneva and was thereafter Finance Director and Vice-Chairman of a FTSE 100 company in the UK.  He makes regular media appearances  on CNBC, BBC and King World News and speaks at investment conferences around the world. MAM (founded in 1999), specialises in wealth preservation. GoldSwitzerland buys, sells, transfers and stores physical precious metals for private investors and institutions outside the banking system. His website is www.goldswitzerland.com

Peru became the world’s largest producer of silver in 2012.

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