from King World News
Gold and silver continue there long consolidation after big gains in 2020, but here is the good news.
Things That Make Me Go Hmmmm: Inflation, Crypto, Command Economies and Gold.
March 23 (King World News) – Matthew Piepenburg at Matterhorn Asset Management (based in Switzerland): Over the years I’ve written almost ad nauseum about the crazy I see (and saw) around me as a fund manager, family office principal and individual investor.
The list includes: 1) an entire book on the grotesque central bank distortions of free market price discovery, 2) the open (and now accepted) dishonesty on everything from front-running Tesla tweets and bogus inflation reporting to COMEX price fixing, 3) the insanity of 100-Year Austrian bonds or just plain negative-yielding bonds going mainstream, 4) the open death of classic capitalism and the rise economic feudalism, 5) asset bubble hysteria seen in everything from BTC to Amazon; 5) rising social unrest, 6) the serious implications of Yield Curve Control and the gross mispricing of debt that has midwifed the greatest debt binge in recorded history, and 7) the ignored power of logical delusion that so characterizes the madness of crowds in the current investment era.