Investor Talk, Released on 7/26/26

The World Cup was a welcome distraction from pressing problems. It remains unknown whether the U.S. has its gold at Fort Knox, even though Treasury Secretary Bessent claims otherwise. The U.S. debt mountain is growing rapidly, and the stock markets remain severely overvalued despite major risks. A correction is inevitable, and not just because of rising interest rates. The war with Iran and the threat of a blockade of the Red Sea could plunge the global economy into the worst crisis in history and cause the bubble markets to collapse. The current correction in precious metals could be the last chance to buy more before the next strong upswing.

0:00 Intro
2:10 Bread and circuses distract the people
2:40 The gold at Fort Knox is there, claims Treasury Secretary Bessent
4:05 Given the uncertainty, a revaluation of gold reserves is also unlikely
5:00 $374 billion more in debt in less than two months
6:10 The correction offers a new buying opportunity for gold and silver
7:10 Rising yields will force a stock market correction
10:20 The AI bubble will burst
11:30 The Red Sea blockade could cause the bubble to burst
14:15 Much higher oil prices are very likely, leading to a global depression
5:00 p.m. Energy shortages are driving up the prices of all goods
6:30 p.m. Many central banks are planning further gold purchases
8:00 p.m. The current correction in precious metals should be taken advantage of
11:10 p.m. Silver remains in high demand, especially in China
1:30 a.m. Waiting for lower precious metal prices is likely a mistake
27:00 Unprecedented events await us in the financial markets

Egon von Greyerz is founder and Managing Partner of Von Greyerz (formerly 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.

  energy shortages, gold, investing, silver