Investor Talk, Released on 6/22/23

0:00 Intro
01:25 Interest rates continue to rise in many Western countries, stress increases
02:30 Consumers have not yet fully reacted to interest rate hikes
03:30 Interest rates will continue to rise for years, weakening the economy
04:45 Higher U.S. reserve requirements for banks further exacerbate bank distress
05:50 Globally, lending will fall and deepen the crisis
06:50 US interest spending is already $1 trillion
07:55 US consumers save more
08:50 Sales of cardboard boxes speak to consumer stress
09:45 Then how can retail sales officially rise?
10:20 The shocker, housing starts up 21.7 percent!
11:15 Is the cause temporary hope of falling interest rates? Caution.
13:20 The real estate news suited to push precious metals, especially silver, lower
15:00 Silver is full of opportunities, but volatile, so better gold for wealth protection
15:40 The buying opportunity should be taken now in the correction
18:20 Very many facts speak for precious metals, e.g. BRICS, CB demand, silver consumption in China

Egon von Greyerz is founder and Managing Partner of Matterhorn Asset Management AG & GoldSwitzerland. Since the 1990s Egon von Greyerz has been actively involved with financial investment activities including mergers and acquisitions and asset allocation consultancy for private family funds. This led to the creation of Matterhorn Asset Management, an asset management company based on wealth preservation principles. MAM is part of the Aquila Group, Switzerland’s largest independent asset management group. Von Greyerz makes regular media appearances on CNBC, BBC, etc. and publishes articles on the world economy and wealth preservation.

  gold, inflation, silver