Liberty and Finance, Released on 2/15/25

Matthew Piepenburg discusses the dramatic shifts in the gold market, particularly focusing on the growing physical gold outflows from London to the U.S. and the rising prices. Piepenburg explains how the COMEX exchange, historically used to fix gold prices through futures contracts, is facing a shortage of physical gold due to increased demand for actual delivery. He emphasizes that this shift is a clear indication of the world’s growing distrust in the U.S. dollar and U.S. Treasury securities, leading central banks and other global players to turn to gold as a safer asset. The conversation also touches on the implications of the U.S.’s mounting debt crisis, highlighting how this global trend is reshaping financial markets and influencing gold’s trajectory. With gold prices continuing to rise, Piepenburg predicts that this trend will accelerate, marking the beginning of a new phase in the precious metals market.

0:00 Intro
1:00 Massive outflows from London
20:00 Retail market
25:00 Last thoughts
26:10 Weekly special

Matthew Piepenburg began his finance career as a transactional attorney before launching his first hedge fund during the NASDAQ bubble of 1999-2001. Thereafter, he began investing his own and other HNW family funds into alternative investment vehicles while operating as a General Counsel, CIO and later Managing Director of a single and multi-family office. Matthew worked closely as well with Morgan Stanley’s hedge fund platform in building a multi-strat/multi-manager fund to better manage risk in a market backdrop of extreme central bank intervention/support. The conviction that precious metals provides the best protection against potential systemic risk led Matt to join Matterhorn Asset Management. Read Piepenburg’s writings here: https://vongreyerz.gold/author/matthew-piepenburg…

  gold, Matthew Piepenburg