Inflation, Stagflation, Hyperinflation & Deflation-All at the Same Time-Egon von Greyerz

44By Greg Hunter’s (Early Sunday Release)

Financial expert Egon von Greyerz (EvG) says, “Bond markets around the world are in the biggest bubble in history.” EvG thinks when it blows up, we are going to get hit with everything in the financial horror house.  EvG explains, “We are guaranteed to have ‘flation.’  There will be inflation, stagflation, hyperinflation and deflation.  We will have all of that.  At the same time, a lot of prices will be inflationary or hyperinflationary, at some point, as they print more money.  We will also have deflation of debt and deflation of more of the bubble assets that the credit bubble has created.  Debt will implode and also property and stocks.”

EvG goes on to add, “I know a lot of people have been buying into this Trump rally, which I find amazing in my view. The overvaluation on the U.S. stock market is just incredible.  The Shiller P/E ratio is now around 27.   It’s over 50% above the average, 50% above the average.  The value of the S&P to GDP is something like 75% above the average.  You are looking at massively overvalued stock markets, and people are buying into this.  It’s the absolute perfect trap.  I don’t see these stock markets staying at these levels for very long.  I think they are going to be turning soon.”

On gold, EvG, who vaults gold for wealthy clients, says, “Gold is mainly going down because of the dollar. Since the Fed decision last week, gold has not really gone down in euros or Swiss Francs.  It’s gone down in these currencies only a fraction, maybe. . . . The dollar is just temporarily strong because of higher interest rates.  I think in 2017, the dollar is going to be the currency that will fall the most.”

EvG also says, “The whole world is a big bubble, and gold will reflect that as it always has. We have been into gold for wealth preservation purposes not for speculation.  We have been into gold since 2002 for ourselves and our investors.  Then it was at $300 (per ounce).  Obviously, we have had people buying since then.  We’ve seen gold going up to . . . $1,900, then back down to $1,050.  This year, we went up to over $1,300, and now we are back down to $1,100 and change today.  If you are buying gold for wealth preservation, you know what you are looking at on a computer screen is not the real price of gold, just the paper price of gold and the manipulation of gold.  It has nothing to do with physical gold.  Therefore, our investors are not worried because they know they are holding gold to preserve their wealth outside the banking system.   Also, they are holding gold as insurance for risks in the system, which are bigger than ever.  So, we don’t see anyone being nervous and ringing up and complaining about the gold price because they know gold will reflect what is happening in the world. . . . I am not upset because I know one day, COMEX will default.  The futures market will default.  The banks will not be able to deliver the paper gold they have issued.  One day people will come in and try to get their gold, and there won’t be any gold when they ask for it.  How can you be nervous (holding gold)?  The truth will eventually come out, and that truth will be very painful for all the paper holders of gold.”

In closing, EvG has a dire warning and contends, “Sadly, I think world population will go down. There will be lots of problems.  There will be a time without money.  There will be bartering for a while until they come up with a new system.  I don’t see a new global reserve currency.  Everyone will be for himself.  China will do their own thing, and of course, China will sit with more gold than anybody, and they will be able to determine the price of gold.  And that will happen.”

Join Greg Hunter as he goes One-on-One with precious metals and financial expert Egon von Greyerz, founder of Matterhorn Asset Management.

(There is much more in the video interview.)

After the Interview:

There is free information on both of EvG’s websites. Click here for Matterhorn Asset Management and here for


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  1. Paul ...

    “We’ll know our disinformation program is complete when everything the American public believes is false.”
    William Casey, former CIA Director
    1. The public believes Oswell was the only shooter (check)
    2. The public believes fiat paper is money (check)
    3. The public believes the Russians interfered in our election (check)
    4. etc.
    5. etc.
    100. The Public believes Jeb Bush is a more responsible less divisive person then Trump (check)

    • Paul ...

      In reference to item 3. above the CIA must simply convince the American public to believe that Budapest, Hungary (where George Soros was born) is still part of the Russian Empire … which should be easy … as most Americans can’t even locate the city of their own State Capital on a map!!

      • Gold and silver is where you need to be- NOW!!!al

        Just study how and when the CIA was formed?? They were nazi’s. A CIA friend told me there are basically 2 parts to the CIA- both fighting for power. There are the good hard fighting for America CIA people- and then there are the communists-NAZI’s side, want to destroy America from inside.
        The CIA needs to be weeded out and made true to America again! Obama brought a lot of fascists( Muslim brotherhood people-like him) into government- like Obama they need to hang for the crimes against America they have committed!


        • WD

          Remember CIA recruits heavily at IVY league schools.

    • Gold and silver is where you need to be- NOW!!!

      Paul-Greg- Paul is right – Check, Check!! As I was told by a friend in government- the world is an total elusion – nothing is as it seems!! Obama is on vacation in Hawaii on our nickel( well maybe it’s more like $100’s of 1000’s of dollars) and he has been proven to have a fake birth certificate, and as I was told 10 years ago- he is 100% a total fraud. Government is so corrupt even the republicans didn’t fight for the truth! The elite’s are the winners for now!

      Greg: want to remind you – Egon mentioned something that struck me hard! Remember Greg- I told you years ago my source had told me in 2009 after the crash that the elite’s were planning to bring the stock markets back up slowly to new highs!
      AND, at the time they choose-after people have forgotten 2007-8 crash and have poured their money back into the markets again that they would crash it even bigger this time!!!! Edon said at 18:58 minutes into your interview-“THIS IS THE PERFECT TRP” IN HIS VIEW! Bingo- the crash is primed and ready- GET THE H OUT OF THE MARKETS NOW PEOPLE.

      • This sceptred isle

        I think the fact that so many people on this website are throwing in the towel and believe stocks will go up forever is a contraction indication that we might be topping out. Once the trump euphoria wears off and people realise that US still has 20 trillion in debt, stock market could be in trouble. Then again hyperinflation could ensure dow goes to new nominal highs with a devalued currency.

        • Charles H

          Manipulation will go well beyond exhaustion – into madness. Holding has to be resolute and apart from keeping a head above water. Exceptional, indispensable applies to the 1% of people: the rest get ripped off. If you aren’t the System: it’s all rigged against you.

        • Concerned american dad

          It has nothing to do with people realizing anything except that it is all rigged and propped up. Movin on up again this morning on low volume. ‘Another interview with more if the same- nothing new here.

    • Gold and silver is where you need to be- NOW!!!al

      Paul-Greg- Paul is right – Check, Check!! As I was told by a friend in government- the world is a total elusion – nothing is as it seems!! Obama is on vacation in Hawaii on our nickel( well maybe it’s more like $100’s of 1000’s of dollars) and he has been proven to have a fake birth certificate, and as I was told 10 years ago- he is 100% a total fraud. Government is so corrupt even the republicans didn’t fight for the truth! The elite’s are the winners for now! Just release info-Friday = and this one-

      Greg: want to remind you – Egon mentioned something that struck me hard! Remember Greg- I told you years ago my source had told me in 2009 after the crash that the elite’s were planning to bring the stock markets back up slowly to new highs!
      AND, at the time they choose-after people have forgotten 2007-8 crash and have poured their money back into the markets again that they would crash it even bigger this time!!!! Egon said at 18:58 minutes into your interview-“THIS IS THE PERFECT TRAP” IN HIS VIEW! Bingo- the crash is primed and ready- GET THE “H” OUT OF THE MARKETS NOW PEOPLE.

      • Shadow of Doubt

        Greetings Al,
        I have a friend in Italy that was a former Criminal Investigator. He tells me Monti Paschi is on the verge of collapse (which is also backed up by articles recently posted on the
        Another reporter Wolf Richter backs up his prior claim that -Italy’s Banking Crisis is a Huge Crime Scene.
        Note: I mentioned to this” top cop” that a number of Greg Hunter’s followers are singing the blues because they now hold gold/silver and aren’t in the market. He said he is looking to buy as much gold and silver as he can get because he see disaster not just for his country-but world-wide and getting PM’s now is very difficult. He mentioned a friend of ours in India who has purchased some pack mules so as to bring gold into his country for the thriving underground economy.

        • Charles H

          With this comment – you made my day. Thanks, SoD. And Merry Christmas!

          • Shadow of Doubt

            Thanks Charles,
            Here’s wishing you and your family a Merry Christmas and a Happy New Year ! Just a quick aside on the economics of smuggling gold into India. I was told that the Premium/Oz is currently $300 US Dollars on top of a gold price that’s approaching 3K/ Oz.

  2. FC

    The Chinese New Year of 2017, is the year of the Fire Rooster………..could this be a sign from the East, that 2017 is the year that all paper burns and where Chicken little, can truly scream ‘the sky is falling’ ?

    • al Hall

      FC– as October-November coming in 2017 – “the sky will be falling”!! Latest info from my NASA connections is Planet X(Nibiru) will be here about this time period. This is why the Pope has said- “this will be the last Christmas”!!
      Get ready to kiss your A- goodbye, as I have been told!!

  3. Carl Boone

    He doesn’t seem too concerned with him influencing the election, does he?

    • Paul ...

      So what’s it all about Alfie?? (Hollywood never provided the answer in that old movie) nor do they provide any moral answer today to the likes of Madonna and Miley … the answer is … we are part of God’s army (here on Earth) … well armed with God’s words (the 10 Commandments) … and it is our military duty as soldiers of God … to stamp out evil and/or imprison it … and to expose evils many lies where ever it is found and provid the truth instead … Soros and McCain are likely planning to arm America’s (moderate rebels) with anti-aircraft weapons to create the nationwide shutdown they will need to oust Trump and replace him with Jeb Bush!! … they start the clock Dec 19, 2016 and plan to have their “color revolution” complete by Jan 20, 2017!

      • Paul ...

        Hollywood’s evil immoral people have totally joined forces with the globalists to try and change the election results because “the stupid American people” don’t know what is good for them … only people like Madonna and Miley know what is good for the American people … lets kick the ass they put in our children’s faces by boycotting their shows and movies … lets show God who’s side we are on … and permanently deflate Hollywood’s pocket book erections!!

    • Jessie Colter

      Another Famous Photo of Our Brave War Hero

      Or is he just plane nuts!?

      Important visit with brave fighters in #Syria who are risking their lives for freedom and need our help

      — John McCain (@SenJohnMcCain) May 28, 2013

      “Here’s the problem,” Sen. Rand Paul (R-KY) said in an interview with The Daily Beast. “He [McCain] did meet with ISIS, and had his picture taken, and didn’t know it was happening at the time. That really shows you the quandary of determining who are the moderates and who aren’t. If you don’t speak Arabic, and you don’t understand that some people will lie to you–I really think that we don’t have a good handle on who are the moderates and who aren’t, and I think the objective evidence is that the ones doing most of the fighting and most of the battles among the rebels in Syria are the radical Islamists.”

      [This is why a good christian is a dead christian in Syria]

      In case you missed it. . .
      A 12-year-old boy tried to blow up a bomb at a German Christmas market
      Dec. 16, 2016, 7:28 AM 8,549

      BERLIN (Reuters) – A 12-year old German-Iraqi boy tried to detonate a bomb at a Christmas market in the western town of Ludwigshafen last month and planted another explosive device near the town hall a couple of days later, German prosecutors said on Friday. MORE;

      • This sceptred isle

        If they are foreign to Syria as most of the “moderate” rebels are then they are extremist fighters.

    • al Hall

      Carl- John McCain is a traitor to America- He is 100% bought and paid for by the elite’s.
      Trump was right when he spoke to the media about Mccain. Mccain has pledged to fight everything Trump does. Isn’t that the signs of a great conservative? Lindsey Graham- “Gay Lindsey as we call him here in S.C.” -will be right there behind Mccain. These two have a “thing” going!
      Mccain is not a conservative- yhat why the corrupt media likes him!!

      • Frederick

        Johnny “bomb bomb” McCann is nothing but a traitorous sellout Ive known that for many years Hes so obvious Were gonna need more rope people

  4. andyb

    Greg: my take from Egon’s astute analysis is the , sometime in the next 12 months, we are going to be squeezed between higher prices for necessities (food, gas, healthcare, etc) and lower values for paper assets and real estate which, in turn, will raise havoc for local, state, and Federal budgets. Belt tightening on a massive scale with fewer public servants and services and perhaps food and gas rationing.

    • Greg Hunter

      I think 2017 will be hard. It will come fast. You got to get ready and stay ready.

      • Justn Observer

        Good Morning Greg, Merry Christmas !
        See I believe your right…as is your guest Mr. Egon Von Greyerz and his assessments both as to PM and the FULL spectrum of’ ‘ions’ coming at once as in a CON- FLAGRATION!
        PEW came out with research now – the housing bubble was pumped up by HEDGE FUNDS doing the buying not homeowners…to the tune of 100 billion a month ! so as to this report:
        Equally disturbing is the fact a book coming up as reported in TIME MAGAZINE…that the leftist plan is to do away with the electoral college AND THE SENATE and replace it with direct control by a SUPREME COURT ? This report by Lisa Haven with PATRICK WOOD who exposed in interview on Caravan to Midnight /John B,Wells and in his book ‘TECHNOCRACY RISING’ some time back as I will leave a links as well !
        Caravan To Midnight – Episode 250 Patrick Wood: Technocracy Rising
        much rooted in earlier works-
        Claude Henri de Rouvroy, comte de Saint-Simon

        A lot to digest lately – awareness all about – and only hope your viewers/contributors that might be snowed in or idle in the cold weather take some time to help unmask who and what is BEHIND THE SHADOW GOVERNMENT of what ‘some’ believe that have power AND wish to impose over the masses.

        The TRUTH about Government, Police and Military and the real ROOT of terror:
        The Science of Disinformation:
        SYMBOLS OF POWER- Pt1:
        Hunger Game Society – YOU NEED “ to pay attention!”:

        Looking forward to a great celebration and a bright AND prosperous renewal of this nation in the New Year. Likely with much pain … but then becoming aware and being REBORN is not always easy as Jesus life shows us…but is rewarding in the end as Jesus promised did he not? Much was about knowing Him and finding it within you…which by it’s very nature…destroys FEUDALISM and control by those that ‘wish’ to be gods over men on earth!
        Jesus mansion is in the heavens…it lives…it the HOLY SPIRIT of every man… and boy do the NWO elite hate that ! lol
        For Xmas I might suggest people just think of those countries that are struggling right now as we may be shortly…and just buy some food and mail it to recipient…and hope their government distribute it fairly to the most needy … less we need a new tie or toy that they are relieved of the pains of hunger – especially since this time of celebration be in HIS name… Need should always come before wants !
        Enjoy the season…and again….MERRY CHRISTMAS…Greg !

        • Frank D

          Justn Observer, the leftists cannot “do away with the electoral college” (thank God). It takes a Constitutional Amendment to do that and the small states who benefit most from the electoral college will NEVER support that. As Greg would say, “fear not, God the Father is in control” 🙂

      • 8Ball

        Sorry to say this but nothing will happen in 2017.

        Just more alarmist nonsense designed to get people to pour their money into some scheme that will supposedly save them from poverty…

        • Greg Hunter

          You put up a link taking about con artists ripping people off. How much did it cost you to comment here and view the articles??????? That would be zero. That’s how I am ripping people off!!??? What an asinine comment. If you are not smart enough to see the danger, please do NOT comment here.!!! As a matter of fact you are gone as of now!!!!

          • BobT

            Thank you Greg. I know it is your site, and far be it for me to tell you how to run it, but these people are tiring.


        • Jerry

          Let me get this straight. The hundreds of economic professionals and investors that Greg has had on his site are all con artist right? Just in case you haven’t figured it out, Greg doesn’t need you money. Because he is a Christian he’s giving people who have an ounce of common sense a chance to save themselves from the economic calamity that is about to befall us. Unfortunately you’re not in that group, so best of luck to you.

      • al Hall

        Greg: you are correct- get out of as much debt as possible. And buy gold and Silver now while you can get it! This is the Elite’s only money and they are buying it by the tonnes!

        • Greg Hunter

          Thank you Al. The Rich are holding stuff and not paper.

          • boris chikvashvili

            Because Poor had bad advise in timing
            for many years. They do not know who to belive any more.
            That has been my point all along.
            On the other hand RICH have better, advice from disinterested and dispassionate and thinking people , instead of people with interests in PM sales

    • This sceptred isle

      And we have already witnessed simultaneous inflation and deflation when commodity prices collapsed whilst stocks and bonds went up. If Armstrong and austin – fitts are correct money will move out of bonds and fuel a bull market in equities. What they forget though is that stocks and bonds have risen together (due to money printing and debt) and can therefore fall together.

    • Faith

      andyb: I agree. Government pensions, which until now have been promises are underfunded and, in some states like Illinois and California, in serious trouble. Another article about this issue was posted today, on Zerohedge:

    • Freebreezer

      AndyB – Nice concise summary … and watch out for the pensions they are going to pay out nickels on the dollars! I can not even imagine the ramifications? And in the big cities …. think of the crime in Chicago on steroids!

  5. Jim Bond

    Ron Paul: What’s Missing From The Russian Hack Argument?

    Dec 17 – Without any proof or evidence being presented that Russia interfered with our election, we’re just seeing political grandstanding at this point by both President Obama and Secretary Clinton. Have you noticed that there’s never any mention or concern about Secretary Clinton having a private server in her home? If anything, that server would have made it much easier for Russia (or anyone else) to know what was going on with our government. I discuss this, our CIA’s shenanigans, and much more below:

  6. glen charles

    outstanding speech,

    just how much of this 21st century digital currency does not actually exist?
    the pension crisis currently occurring in Tx cannot be an isolated scenario or situation,
    if the digits on the screen in front of the observer is not actually money and does not actually exist then that is a bit frightening,
    or did I miss something?

    • This sceptred isle

      I view they banking system like the quantum world. When in the bank, money exists in a quantum state of potential; it is potential wealth which is not manifest unless you withdraw it.

    • Paul Anthony

      Well Glenn:

      Greg Mannarino Always says LOOK AT THE FED WEB SITE. It says US banks have 1.48 some off trillion dollars in global cash circulation.

      That’s all the cash there is. Yet digitally American banks have 11 Trillion in cash. So its huge. Plus.. I don’t even know how much digital USA cash is in foreign banks … so that number is even bigger . In a way .. we are really all ready a cashless society – which Greg Mannarino has also pointed out in his video blogs.

      • Manuel


        “In a way .. we are really all ready [sic: already] a cashless society…” In practice this is true. However, we still have the right to withdraw our digits and convert them into physical form. Going completely cashless would prevent this from happening, thereby, preventing a “bank run” from occurring. This is the true reason for going cashless, viz., to prevent a bank run. We all know that a bank run is the Bank’s ultimate nightmare and going cashless would insulate them from having to deal with the dire consequences of a run on the banks.

  7. Anthony Australia

    Thanks Greg!

    The spark had lit the wild fire that will send the global economy into a rapid meltdown. I’ve never called it before but this time it’s here, 2017-2020 will be hell.

  8. David

    There’s nothing better on a Sunday morning than a hot cup of coffee and a Greg Hunter interview. Merry Christmas to everyone! And, thank you Greg for another wonderful year of interviews and honest journalism. Warm regards.

    • Tinfoil hat Canuck

      Hear Hear !

    • Charles H

      I’m to the point that I don’t think I could live without coffee. Doing without keeping-up on USA Watchdog? Yeah, I’d put it pretty close to coffee! (Humor) What Greg Hunter is doing may SEEM small – but then again, in perspective, so Goliath must have thought the same about the shepherd boy, David.
      Merry Christmas, David!

  9. This sceptred Isle

    The Coming War on China
    This documentary is post Trump election victory and shows buildup of American military domination in South Pacific. Especially interesting in the wake of the incident when China stole an American drone.

    • This sceptred isle

      And if America starts a war with either china or russia would china and russia become allies in a new world war?

      • flattop

        If Chins were to invade our west coast, Russia invade our east coast, we do not now have the military to deter such. I have never believed that either of those countries will use a nuclear weapon on us as our food production, clean water etc are very valuable.

        • This sceptred Isle

          Looking at a map of American military bases it looks as if America has spread its military power too thinly.

          • Paul ...

            If we stop defending and promoting Hillary’s pipeline investment to pump gas into Europe through Syria and stop defending Biden’s pipeline investment in the Ukraine the American people will save trillions in defense spending that can be used right here at home … instead … greedy American politicians are promoting war, death and destruction to make their “personal investments profitable” at the expense of countless lives … truly evil and despicable people … the good moral people who believe in God and in doing what is right are now coming to power in the world Brex, USAx, Frnx (Le Pene is now leading in the polls in France) … soon Germany and others will follow … the evil cabal of satanist perverts will be overturned and decapitated the same way they have been chopping off the heads of us Christians … the bad guys are in shock that their evil world is coming to an end … so they are taking a stand at the OK Coral … Trump and his “deputized Marshals” will meet them head on for the final gun fight at high noon tomorrow … and with God on our side will take out the evil gang of immoral perverted thieves!!!

        • Charles H

          Frank Zappa thought the same – nuclear war is too destructive to be good business: and everything boils down to business. This is a great call, flattop. Well done!
          Merry Christmas!

  10. Max Meister

    Secret vaults in Switzerland? If there is a country where no secrecy exists then it is Switzerland. The Swiss government exactly knows who has a vault, where it is located and what is stored in it and most probably aslo how much of it. We should also not forget that many of those “high security vaults” have been former military bunkers located somewhere in the Swiss mountains. So yes, that Gold is secure until the day the government goes after the holders of that Gold just like the Swiss government broke the banking secret to hand out the identity of potential tax evaders to the US tax authorities.
    Now we have a war on cash. The next one will be a war on Gold and i wouldn’t bet that any Gold in the world will be secure from governments.

    • This sceptred Isle

      the Swiss will probably have to report all American money buying gold as well seeing as the American authorities are keen to know what their citizens are up to for tax purposes.

    • Romana

      I am inclined to agree. We are moving to more and more digital transactions now, thanks to people wanting to collect points, so once cash is gone, who will take gold for anything? Or silver? We might have to go underground into a type of black market economy….that’s if you get to keep any of it.

    • Dan

      Gold is NOT secure in Switzerland since they are at the heart of central corrupt banking cabal (and Nazi Illuminati). Forget the Fed they are the evilist of evil in Switzerland! Watch the following videos from a poor guy who got his 2 year old son abducted by the sick Illuminati in this evil country and he exposes (to his great suffering as the authorities have imprisoned him for 1 year and will not prosecute the molesters of his child). The Swiss authorities have also threatened to kill him several times if he doesn’t remove these videos.

      1) Chateaux Des Amerois Illuminati Pedophile network Castle;Mother of Darkness

      2) The Pharaoh Show; Alien Predators in Human Appearance – Swiss Secret Symbols in Switzerland

      3) Octogon The Empire of Darkness

      Currently, the 3rd video above seems to be removed saying it violates BBC Copyright. That’s BS – just Google/Alphabet (and Eric Schmidt – Illuminati member) doing their bidding by censoring this user’s video on YouTube. The other two are still there, *for now*. Must watch by all. Download hard copies and spread. They shows all the places in Bern Switzerland were the Elite live and do their child sacrifices and molestation!

      I use to think the Swiss were “neutral” and civilized; but after watching these videos, we can see that they are the CENTRAL OF EVIL (BIS is there after all and they control almost all Central Banks around the world, including the Fed – the BIS is the one that ordered Modi in India to remove the big cash denominations recently).

      Spread the word! If these videos dissapear or are censored soon, I will repost other links to them at other places. Evil sh*t these elite Illuminati child molester-killers! FU, you bunch of inhumane savages; WE ARE COMING TO GET YOU IN 2017!!!; you will have no place to hide anymore! We are awakened and outnumber you by billions!

  11. This sceptred Isle

    The bigger the bubble and the longer it persists the harder it is to detect. The debt bubble has become like water to fish…and we are the fish swimming in a sea of debt. When the debt bubble deflates it will cause assets that are bought with credit to plummet in price (real estate, university degrees, cars etc.) as well as eliminating debt based financial assets (bonds, currencies?). On the other hand nobody borrows money to buy gold and silver bullion (although they may buy jewellery on credit) so the price is not supported by people taking out vast loans.

  12. Linda L.

    Anyone who doesn’t believe that precious metals are the only real money should watch what’s happening in India. Overnight recently India discontinued certain donominations of paper currency, and now I understand that they’ve started confiscating physical gold from their citizens by any means possible. Meanwhile, thanks to mainstream media, Americans are either unaware or seem to believe that the US is immune from these types of circumstances. When the truth is understood by the majority, watch the stampede.

    • Max Meister

      Yes and one should notice that Gold confiscation goes hand in hand with the elimination of paper currency. That should wake people up too. This is ecactly what i expect to happen whenever a government becomes desperate. This can and most probably will happen in other countries too. The elites are watching India to check if than can get away with it and it seems they can. I haven’t heard about mayor riots in India.

      • This sceptred isle

        Only difference is in India everybody owns gold and uses it as a store of wealth whereas in the West hardly anyone does this.

    • This sceptred isle

      I have only read about gold confiscation in India from Armstrong. He often posts alarmist reports about bank runs in Italy etc. Which never materialise. The guy is not reliable. He said in an interview all the British papers were opposed to brexit during the referendum when at least half the papers over here supported it. Has anybody other than Armstrong reported on gold confiscation in India?

      • Shadow of Doubt

        This Sceptred Isle
        At there is an article you will find most enlightening as the author resides in India:
        Gold Is Now Effectively Illegal In India-Jayant Bhandari
        Riots in India are occurring:
        Go to Full Spectrum Survival dated 12/19/16 to see photos and hear the latest reports.

        • This sceptred Isle

          ok, thanks. I’ll have a look.

    • Tinfoil hat Canuck

      What worries me is that a desperate gov’t will turn its attention to those who were attuned to the flow of the financial storm unfolding and did indeed get some wealth preservation/insurance — they bought some gold coins etc. And unless said purchases were done in a back alley with no paper or ELECTRONIC trail, it would be a simple matter of getting a list of who bought, then come knocking with the full weight of law ( and hence police gunpower ) to confiscate it for the benefit of national security.
      Lost it in a boating accident you say? Well come with us we will give you a nice quiet cell to contemplate that ….

      • Paul ...

        Keep in mind … it won’t be a Trump government that will confiscate your gold … so keeping it right here at home is likely 1000 times safer then putting it in a country with a government that has a history of no respect for the common people (look at India, etc., etc.)!!!

      • This sceptred isle

        It is a possibility but everybody owns gold in India as well as the temples. Would there be enough gold in US homes to make this policy worthwhile? I think higher taxation is more likely. In India – how far can they push people. Will they just use silver Instead?

      • Linda L.

        I’ve heard that if one buys under $10,000 at a time from coin suppliers, the transactions are not reportable. But in a crisis situation, if the government wants your gold, all they’d have to do is to take the coin supplier’s hard drive with noted shipping addresses. And these folks who say that they secure metals in vaults for a service (what an easy hit for the government to show up at a location like this where they could take it all in one easy sweep). I’d say the best bet for a secured location would be a field somewhere deep in the wilderness.

        • Charles H

          Shawshank Redemption – under a tree, by a wall…
          Jim Sinclair suggests holding PMs not only out of the system (banks or deposit boxes) but out of the COUNTRY. Problem is – if such activity ever comes about: they would probably embargo ALL your property as an asset forfeiture. Being a criminal has never been so easy! (sarcasm)
          Merry Christmas, Linda L.

  13. Jerry

    This past year you’ve had numerous critics that have doubted the information that you’ve provided by multiple economic experts like Egon Von Greyerz . They want to assume that in spite of all the indicators that have been presented, that since nothing has happened, nothing is going to happen. Well you know what they say about assuming things? The first part of the word begins with ass. Here is another indicator that cannot be ignored.

    The forth quarter money velocity report comes out in few days. Unless I’ve missed my guess, we are dangerously close to reaching the baseline. What that means to you and me is a complete seizure of liquidity inside the banking system. With the Federal Reserve Bank raising interest rates, and no money velocity in the system, the banks will be forced to contract in their lending practices in order to maintain their balance sheets. In my mind, this is the beginning of a death spiral.

    • Freebreezer

      Jerry – Well said – ‘since nothing has happened, nothing is going happen’ … I think most people live in the bubble they create around them and project the future by their last few years … very linear. Nature is exponential both up and down along with harsh, sharp junctures … examples – massive crop failures, diseases, natural disasters etc. We have been so incredible lucky here in America for the last 100 + yrs, and how much longer can it run?

      • R B

        Dear freebreezer, the possibility of luck is impossible.Take a look at the picture of deep space from the hubble telescope. We cannot even comprehend our own milky way galaxy,letc alone the whole created universe.The bibe teaches that God is long suffering toward us, not willing that any should perish ,but that all would come to repentance. sincerely, RB

        • Charles H

          The sister verse – 1Tim. 2:3,4 “For this is good and acceptable in the sight of God our Savior; Who will have all men to be saved, and come unto the knowledge of the truth.”

          • Paul ...

            Many hundreds of very evil people are now being granted salvation by “their savior” Obama Clause … thankfully (so far) Hillary has not made Santa Obama’s “naughty list” to be saved !! …

            • Charles H

              Not the same thing, Paul…

              The Divine Counsels and human effort cannot be equated. If you don’t understand the difference – it would be better not to reference them as such. To do so is to cheapen God in the comparison: which is something I would not do – for the answer you will have to make to Him concerning it.

    • Brewmaster

      That sounds like it would be a bearish gold factor, right?

  14. Russ

    Thanks Greg, as always an outstanding interview with EvG.

    Another perspetive on the situation with gold is available in the mp3 audio at: – Andrew Maguire On Bullion Banks And The Silver Market

    This whole thing is getting very dangerous and when the masses decide it’s time to exit, there won’t be a door.

  15. Tad

    Is it a consensus among your frequent guests that this thing implodes and or hyperinflation takes off in spring, 2017?

    It seems to be, but that aside, I can’t imagine a novice investor ignoring these warnings by not purchasing at least some silver.

    If it’s possible to view from a party affiliation perspective, traditional democrats will be hit the hardest. This is a reference to Egon’s “millions.”

  16. francis m reps

    Greg, Thank you for having Mr. Von Greyerz on. My only concern about storing precious metals in his very secure establishment in Switzerland is this ; Will I be able to get to Switzerland in time of troubles ?…….Will my gold be confiscated when I bring it back to my home country ? Will the taxing Authorities confiscate a big portion of my gold { now that they know I have it } when I get it out of storage ??. These are valid concerns . I can understand people with a lot of wealth putting a portion of it in a mountain vault; but think the average person might be better served if he or she keep small coins and bars close at hand in a secure manner. A terrier for the warning system, and a muscular big dog for for protection may be preferable to an Atlantic crossing and potential difficulties with customs officials. Mr. Von Greyerz’s understatement about population reduction is truly frightening. Look up at our particulate laced skies….and expect a very great decline in all life on earth ; people , animals as well as plants. Pray for Putin and Trump.

  17. Dan

    Another gold promoter.
    These people are the SAME as the stock promoters, bond promoters, real estate promoters, etc.
    NEVER a time to SELL, except of course, for THEIR own holdings.
    And you keep presenting these people over and over and over.
    For God sake’s, find some “Analysts” with audited proven performance records. Ok, nobody’s perfect, but these morons you keep bringing here are just hawking their wares.
    It’s sickening.

    • Mike from the North

      Dan,if you do not like to messages brought here I am sure you can find your way to the door.

    • This sceptred Isle

      You are right. Everybody is selling something whether it is a financial asset or a newsletter. However, that is the way the world works. If you go to a doctor in America they will most likely prescribe you drugs because these are the things that make the most money. As long as you are aware of people’s potential bias then there is no harm in listening to this free information and maybe a great deal of benefit.

    • greg derian

      Yes , I agree.(sar) Please add the health, car, and home insurance people. Always selling us crap that we will never need. I’ve had car insurance for 44 years and have never had a claim. That money is gone for me, but, it did helped to pay for others not as lucky as myself. As for pm’s if you no longer want the wealth or purchasing insurance you can cash out and get your money back. And if you wait long enough you will make a profit just because of inflation. I wish my other insurances worked like that.

    • Paul ...

      Just curious Dan … does fiat money make you sick also? … the fiat promoters (the Fed) have been hawking their paperware for a very long time … don’t you believe in good old competition … do you just want the banksters to rule?? … you are not forced to buy gold by the gold promoters … your are not forced to buy stock by the stock promoters … you are not forced to buy real estate by the real estate promoters, etc. … BUT you are “forced to own paper fiat” by the fiat promoters who hawk their wares and force it down your throat against your will … so it’s clearly not fair for you to lump gold promoters into the same class as the crooked banksters who for a living deny you “free will” … look at the bright side … at least with the gold promoters you still have the power to ignore them … and still have “the legal right to refuse to buy” what they hawk!! … however a sad day for you will come when the banksters begin to promote gold to save their fiat system from collapse … and on that day Dan … you will be “forced to own gold against your wishes”!!

      • Dan


        I own physical gold and silver. I know the entire financial system from top to bottom is about as corrupt as it can get. I have no argument with people owning precious metals. My disgust is with the pm dealers who only preach BUY BUY BUY, while they adjust their own accounts to SELL SELL SELL. The average moron (includng me) is subject to intense pyschological warfare (brain-washing) from the minute he opens his eyes until he goes to sleep. And what drives me crazy is that Greg Hunter is more then capable of doing “investigative journalism” all on his own, exposing the scams and jackals instead of giving them a platform to fleece the flock.

        • Greg Hunter

          You know the ” know the entire financial system from top to bottom is about as corrupt as it can get” and you do not understand why you need to prepare? Of course you need everything else as well as metal. People are not being “fleeced.” Don’t come on here and make up stuff up you cannot prove because it is not happening. Did you ever think you just suck as an investor? Enjoy the free site and Merry Christmas.

        • Charles H


          It is your responsibility to determine all the resistance and filtering you need to navigate life. Don’t put off being exposed on to anyone else. EVERYTHING is taken with a grain of salt – even the material and comments that appear here. Don’t expect ANYONE to block ahead for you.

    • Canadian Prepper

      So what’s your solution? Should they be promoting high P/E investments, paper gold, bonds and treasuries of insolvent states, inflated real estate, the slap chop? If not what else is there to invest in other than physical assets; gold, silver, food and guns?

      Look at Venezuela and see your future.

    • Lois

      This is prophecy.

  18. Mark

    Great interview. I always liked Egon and respect what he has to say.
    That being said, what troubles me is that none of these people, Holter, Roberts, Kirby, Maloney, etc. are able to answer the question… “When?”.
    Only Bo Polony makes the prediction and he has always been wrong to the point of being laughable. LOL

    This is a Chicken Little problem where we all look up and agree that the sky is falling… Yet it never seems to fall. We just see dark clouds.

    Egon, as terrific as he is, is still in the business of selling gold.

    • FC

      Mark, there is a reason why we take out insurance on items of valve and that’s to protects us against financial hardship in the event of an accident.

      Precious metal is an insurance policy, that protects your personal wealth against uncertainty.

      The best thing about this particular type of insurance, it’s a policy that you only pay for once and you have the option to increase the valve of your policy, without having your annual premiums increased.

      But then again, you sound like a person who would verbally abuse your insurance company, because your home didn’t burn down during the period of your policy.

    • Max Meister

      I think by Roberts you meant Rickards and he recently came out with a precise date and even precise time: 01.01.2017 00:01. He said treasuries will be dumped on an epic scale while people are still sipping their champagne. As a result Hyper-Inflation will start to kick inn and people will notice it within a few days.
      For me that didn’t sounded very trustworthy but he called for that to happen. How many times have some of these “experts” already put dates to their forecasts and they completely failed. So most of them know it’s better not to come up with precise dates and times as they often do business and they don’t want to spoil their reputation.

    • Mike from the North

      Each day I see further evidence and developments that show that ALREADY much of what these guests have predicted has occurred.

      Case in point. My family thinks I am nuts. They remind each day that NOTHING that I have said would occur has occurred. My response is that much has already occurred you are no just not aware of it because you expect the MSM to inform you.

      Thank you Greg.

    • This sceptred Isle

      Greg, please interview Fabian Calvo again as he has repeatedly predicted Dow would rise to 20,000 before crashing in 2017. He did this a while ago when most people were predicting a crash in 2015-2016. Thanks.

  19. Tin Foil Hat

    The total gold bullion trade has averaged 4,000 tons annually for the past 10 years. The total gold supply annually is about two-thirds new mine production and one-third recycled gold according to the World Gold Council.

    1970 1,480 metric tons Nixon closed the gold window 1971
    – gold was no longer needed to back the dollar, the
    fed probably thought gold would be unwanted.
    1974 1,250 metric tons Ford legalized private ownership of gold coin.
    – Ford did that to facilitate Saudi Arabia converting
    the dollar they received in oil sales back to gold in
    the open market. Saudi wanted the price of their oil
    in gold. If the price of gold went up, oil price would
    1980 1,250 metric tons Volcker regret U.S. didn’t intervene in gold market
    – central banks started regularly dumping
    phy. gold in the open market to suppress its price.
    Saudi wanted the price of their oil in gold, if the
    price of gold went up, oil price would follow.
    2003 2,590 metric tons Gold price started its ascend.
    – paper gold, GLD, was introduced in 2004 as
    production dropped steadily until 2008.
    2008 2,280 metric tons Counterparty Risk became a popular phrase.
    – Central bank became net buyer instead of net
    seller in 2010.
    2015 3,000 metric tons I thought nobody wants gold?????????

    Did gold production peaked in 2015?

  20. MAL

    Who’s buying all these dumped treasuries besides the FED or some other central bank that issued them in the first place. If I sold a bond to someone for oh, say, $1000 then was able to buy that bond back at ,oh, say 85% of the face value with 3 or 4 or 5 years left on the term of the bond might that not be viewed as a bargain for that little old bond issuer me. And if it was a negative interest bond the price couldn’t go low enough to make it “pay” a positive rate. What choice would you have but to hold the bond to maturity and hope to get 99% of your, for lack of a better term, investment back.

    • FC

      I truly believe 401K investment companies are big buyers, there is no larger pool of idle money than our 401K that can absorb the dumping of Treasuries without raising any eyebrows of a panic………………Unfortunately, Dallas Police, maybe feeling the effects now, with everyone else to follow.

  21. Mike R

    I disagree.
    2017 will actually be a very good year.
    The dollar will remain strong. (keeps our imported goods prices cheaper)
    Stocks will continue higher (SNP 500 likely 2600 or higher by year end)
    Jobs will continue to be plentiful, for those who take the time to develop the skills needed. (millions of manufacturing jobs continue to go unfilled, bc people haven’t developed the needed skills. There are many here in Chicago paying $30/hr and upwards)
    Bond market yields will slowly rise.
    Capital will continue to flow here, creating more new investment in manufacturing and technology.
    Tax policy will change (for the better), and many company’s whose foreign stash of trillions, will start coming back. Middle class will get amazing tax cuts.
    Energy story will remain huge, as more and more oil will be produced here domestically. (check out the rig count if you don’t believe me, and look at the trend, and all of the new larger deposits that we didn’t know even existed before this year).
    Russia will become an important ally, as opposed to a persistent enemy.
    Health care will continue to be a struggle, but plans will be put in place to revert the upward prices eventually.
    Immigration craziness will finally be dealt with properly.
    Trump will have his struggles, but no gain ever came without some pain, and he will put some very positive things into place.
    Peace everyone, and wish you all a prosperous New Year !

    • This sceptred Isle

      but would be tough for American exporters with a strong dollar AND rising interest rates to deal with. Maybe go long Samsung over Apple?

    • greg derian

      I couldn’t disagree more with you. The market is up only because of the money printing. The fed makes digital money on the computer sends it to the banks with the instructions to buys stocks and short the pm’s. They are asking congress for the mandate to buy stocks directly.
      It all come to an end when they HAVE to stop. Remember they never did fix the problems from 08-09, they just kicked the can down the road. We should have never bailed out anyone, it would have been bad for a while, but we would have been through it already. All banks would be small now and with no fractional banking. It still would have been less pain then, then what we face now I believe. I respect your opinion and I hope you’re right, but I don’t think so.

      • Charles H

        “We should have never bailed out anyone” Hammer, nail – driven home in one sentence.

    • susan

      God bless you, Mike

  22. Salvatore

    where are the bold type sentences I don’t have time to read all of this

    • aussie jeff



  23. The Seer

    Always enjoy the experts sharing their knowledge here and also the comments!
    Can you have someone from on soon? It is revamped and
    is it a good additional option for “banking purposes” without being in a bank?

  24. william chalk

    Greg- speaking of long view/big picture, this link is to a recent interview of Wm. Tompkins, the 93 yr. old gentleman who ran the Apollo program (men on the moon). Safe to say it will shock you. He wrote a book. This is part of the disclosure so long in coming. The info. will be impacting markets from now on.
    this comment is not for posting, only your teams edification and interests. Good job on the show……………….. Catherine A. Fitts will likely know of both these links, most unique
    also in his 90’s, a true American hero, Mr. Norman Dodd Merry Christmas

  25. IRISH

    Donald Trump likes gold. Trump and Vice President Pence
    like gold. Don’t really know if there will be a way to utilize
    gold as a base of value for the U.S. currency but, it is being
    discussed. Enjoy the attached article.


    • Max Meister

      Trump can like Gold as much as he wants. If the FED don’t hold what they claim to hold, his sympathy for Gold won’t be of much use. Apart of that we should remember that Trump needs Wall Street to get the money needed for his infrastructure program and we know that WS is one of the big Gold enemies.

    • Frederick

      Oh theres a way alright We had a gold backed dollar for a lomg time prior to Nixon in 1971 so yes there is a way The powers that be (banksters) dont want that though because they could no longer just create currency out of thin air In other words they would have to make money the old fashioned way or by working for it Oh the humanity

    • This sceptred Isle

      and JFK liked the silver standard…

    • Macray

      Thank you for the link. I very much enjoyed reading the subject post. I had never heard of Avery B Goodman before, but have now bookmarked his website!

      • Macray

        I hope Greg has had the chance to read the short article! Hint!!!

        Per Goodman’s post,
        “The new administration is looking very gold-friendly. Neither Pence nor Trump have outright stated that they intend to restore the gold standard, although Pence did hint at it. Does that mean it’s going to happen? Probably not. The stupidity of the Obama administration, in giving license to the banksters to drain away America’s gold reserves, has made it nearly impossible. The only way would be to institute a secret program to buy back the gold. Issuing new dollars in exchange for gold would increase the money supply, a form of economic stimulus, so it might fit into the new President’s plans”.

        There have been many writers/analysts, etc. that have expressed their opinion that America’s gold reserves have been totally drained prior to the Obama administration.
        Jim Sinclair stated an opinion in the past at his JS Mineset blog, that US Gold reserves would be recognized by the world at the publicly stated amounts regardless if they exist or not. He may have changed his opinion since he posted that many years ago. I don’t know. Perhaps Greg could inquire about this at an appropriate time with Jim or Bill?
        As far as the author’s opinion about instituting a secret program to buy back Gold, I’m not sure they could accomplish any significant purchasing without driving the price much higher.
        I am guessing, one way would be to reset a much higher price ( example $5000) and see how much they could acquire. However, that would not be so secret!!!

        • Charles H

          The way Obama has treated Russia – I think they would DEMAND a third-party audit. China would back that up. The currency ‘race to the bottom’ is punishing them badly. A DISCONNECT from the Dollar may provoke the demand to prove national worth.

  26. Jessie Colter

    Guess Who’s Behind Facebook’s New ‘Fake News’ Detector?
    Written by Daniel McAdams Friday December 16, 2016

    Are you terrified of “fake news”? Don’t worry, the elites are doing something to combat it!
    As anyone active on the Internet is aware . . .

  27. Bill

    The liberals continually and consistently thrown anything and everything against the wall to see if something will stick. If they fail with the Electorial College, what is their next move??

    • This sceptred Isle

      The liberals are merely useful idiots or the globalists’ minions. Many liberals are good people that are being led down the yellow brick road to autocracy.

      • susan

        They are not too bright are they?

    • Major Payne

      Their next move will be a presidential motorcade through downtown Dallas.

    • RealityCheck


  28. Jessie Colter

    Not since Dr Fu Manchu have we seen such a wicked genius bent on wrecking the West. Vlad the Bad is so nefarious that he’s managed to rig America’s voting machines and probably the Super Bowl.

    Watching the mounting Red Hysteria in the US is bizarre and amusing. But most amusing is the media furor claiming that the Kremlin has ‘meddled’ in US elections. Or even threw the vote to Manchurian Candidate, Donald Trump. If there was any foreign meddling, it came from a Mideast ally, not Russia.

    • Frederick

      Americans are for the most part pretty naive and will drink the koolaide readily Look at 911 for a perfect example

    • This sceptred Isle

      Yes. Whilst the press peddle Russian conspiracy theories they forget to mention who funded Hillary.

      • Charles H


  29. Country Codger

    Hi Greg,
    Enjoyed the interview. This is not necessarily a comment to post, unless just just want to, but, have you spoken to Clif High about civil unrest/civil war coming to America?

    Just a thought.

  30. Paul ...

    You know … sometimes it just amazes me how dumb these world leaders think we are … as they all sneak to go and make secret visits to Antarctica … they fabricate elaborate stories that strange alien beings with wings live there … or that the Earth is really flat … etc. … don’t be fooled … I found video “evidence” as to why they are there … … (It’s to convert the penguins to Christianity)!!

  31. Mr. Lee

    Chilling Mr. Hunter:

    Gregory M, has in the past made the same prediction about global population decline with the bursting of these bubble.
    May God have mercy on us all and give us the wisdom to come through this time.

    A very Merry Christmas and a Happy New Year to you good Sir.

  32. Mike R

    So if you listen to Egon, hear the big picture, know what’s happening with bonds, interest rates, massive debts, more QE, bankrupt banks everywhere, Fed behind the curve, etc etc what I don’t understand is why on earth aren’t people running out to their local gold dealer, or on-line dealer, and buying gold hand over fist ???

    In fact, I would go so far as to say, one should completely liquidate one’s 401k, take the tax hit, and use the proceeds to buy as much physical gold as possible. The tax hit will be miniscule compared to the expected increase in gold. If this is like the 1970’s, where interest rates start to skyrocket, then we are talking gold going to $26,000, based upon if today’s price reflects $35 in 1971, and 9 years from now, the price reflects that ratio of 22 fold increase of $800 by 1980.

    Personally, I cannot imagine how much a hamburger would cost, when the price of gold hits $26,000, but that would have to happen if things are as bad as Egon says they are right now with the financial system and you compare the 70’s to now, where clearly we were not in as much trouble in the 70’s with very little US government debt, and certainly nowhere near the amount world wide debt. Sinclair says something on the order of gold at $50,000.

    It’s hard to imagine all of this just coming unglued in 2017, and what the catalyst might be, given that we have heard this sort of thing now since at least 2005 from the likes of Sinclair, and definitely others more in the past 8 years since the collapse in 2008. Gold has only gone up from around $800 in 2008, to now $1140 here today, where the stock market indexes have more than doubled. And when oil was at $140 around 2008, who would have thought it’d be trading at less than $50, 8 years later ? Its bizarre that gold is only trading at $1140, and oil at less than $50, yet the S&P 500 has gone from a low of around 676 in 2009, to today of nearly 2200 in almost 8 short years. More than tripling. The Dow’s low that same time, was 6507 and now its almost 20,000, also more than tripling.
    Thus if I hadn’t liquidated some of my 401k’s, that money (had I kept it in a passive ETF index like I had it in), would be worth 3 times what it was back then, whereas that same money that I put into gold, is now only up 42%. The more painful part, was the remaining money in my 401k’s, which was twice the amount I had liquidated, I also took out of stocks, and went to money markets, because Jim Sinclair, and others like him, scared the living crap out of me, and away from stocks. So rather than having a 401k that would be roughly worth $1.2 million today, I now have gold that is worth roughly $143,000, and a 401k that is roughly worth $150,000k. Essentially now I have absolutely zero chance of retiring in the next 20 years, while I will be 65 in only 10 years. Do what you want folks by listening to these people. Apparently I picked the wrong 8 years to listen to them, and will as of now, likely be working way past the age of 70 at a minimum. Considering I also have 3 kids to put through college, even that may be conservative.
    What I’m hearing today from Egon, is nearly EXACTLY the same type of Story I heard from Jim Sinclair back in 2007/2008. You cannot imagine the amount of mental pain and emotional anguish I have been through.

    • Bob Lamb

      I am you! Very close. Pisses me off too!

      • Bob Lamb

        I’ve got friends who didn’t pay attention to anything and just let it ride in the stock market and they eill retire way before me.

      • Mike R

        This is the only thing that keeps me going…. information like this, from Karl Denninger, hoping that what he is saying here is correct. I was one of the people who bailed out of stocks in 1999, before the big one happened. I also started buying gold then in very small amounts.
        His entire post is at the link below this excerpt, but apparently he thinks that time is near, for all of this backward non-sense of markets screaming higher, on the basis of fumes, to start to turn tail.

        From Karl’s post….. (Link here:

    • Mike from the North

      The Mr. Sinclair’s of the World in my view have provided us a truthful and fair assessment of the risks.
      Yes, stocks and other vehicles may seem to have provided spectacular returns in comparison to PM’s.
      I just find it very troubling to feel secure just looking at the balance on my paper investments.
      I just cannot dismiss the statement we have all heard many times.


      In the big picture I also know that stocks cannot justify the multiples that we see today.

      What is today could easily be gone tomorrow.

      Each of us must look at the bigger and longer picture.imho

      Personally, I would rather own a case of peanut butter than a share of twitter, facebook or instagram.

      But do not listen to me.. Nobody else does in my family. I am the outcast…but I am the one with the greatest sense of security. Why? Because I am the only one that owns a case of peanut butter. lol

      The best of the season to all you Watchdoggers.
      I am on my way today to deliver some food to my 94 year old aunt who also thinks I am out to lunch.

      • Mike R

        I’m the ‘outsider’ too in my family. It gets old hearing everyone else brag about their stock market gains. They just look at me, when I remain silent, and then say “Mike doesn’t believe in stocks.” Of course I’d be too embarrassed to indicate how much I have missed out on with respect to being out of stocks, or outright lost in terms of value of the PM’s purchased, so I don’t say much of anything at all anymore. For all these years though, I thought the markets would have collapsed by now, yet stocks are going higher and higher, and PM’s are getting royally bludgeoned to death on a near daily basis since Trumpsters Nov 8th vote. Its just crazy how it all turned, and went higher, and gold suddenly has barely a bid. You look at China, and gold is higher than the premiums charged in ’08 Lehman crisis, and India’s premiums are through the roof. Yet prices here, are getting killed. How does the dollar have so much perceived value at this juncture ? Looks to me like it will just keep stronger and stronger, based on current trends. (ie. if people are selling tons of US T-bonds, they will get dollars in return, and if only so many are printed, then the US dollar just keeps going up). One would think the FED would be going QE crazy out the ying yang to keep up with the dollar needs. Apparently raise rates and pulling liquidity is good for stocks ???!!! Bizarro world if you ask me.

        • Charles H

          Being “EARLY” – has never seemed so wrong in human history. Don’t measure your position by what you missed or missed out on: it boils down to simply what you have in hand. IF a crash, or reset goes toward a Mad Max – PMs could go 5 to 10 times current, and anchor into the substitute or replacement system. You wouldn’t have, then, lost much of anything. You are killing yourself by looking both ways on the fence. INSURANCE is what it is; not gain.

    • Pinocchio

      You did not fail to remember that paper gold price hit USD 1,820 in 2011. You just did not want to mention it.

  33. Kim

    Thank you for this great I interview.! I appreciate the role of precious metals being insurance. Also thank you for the written portion of the interviews you do. There are times when I do not have access video, so the written part is very important! God bless and Merry Christmas to you and all the Watchdogs!

  34. Jesse

    Put this in your pipe and smoke it. Wouldn’t it be cool if all these experts had to state their net worth and where the bulk of that net worth came from at the beginning of their interview? It would sure add some clarity to whether or not their “expertise” has been paying their bills. Sometimes I think we are led to believe that when these gurus speak on stocks, bonds, commodities, what have you……. we automatically assume they are wealthy (#1) and whatever wealth they have and are still accumulating (#2) came from that of which they are speaking on. Perhaps many of these gurus didn’t make it on what they proclaim to be experts about at all! Perhaps they inherited it from daddy. Or their wife has a great job. Or maybe all they do is sell books. Newsletters. Coins. Or they live on commission derived from OUR investment decisions as opposed to theirs. I don’t mean to pick on Greg or his guests. I’m referring to all these “experts” in general, that float in and out of various spotlights year after year.

  35. Dee Garmon

    Let’s reverse the election results and install Madame Walking Corruption as the first female president. After all, we came, we saw and he died ” Does anybody remember the laughter?”

  36. Anthony Australia

    Merry Christmas and prosperous New Year USAWD world 🎄 🎉🎁

    • Charles H

      Good on you, A A. Merry Christmas!

  37. Mike from the North

    A paradigm shift in how many transactions occur.
    DISRUPTIVE TECHNOLGY at it’s finest.imho

  38. Pinocchio

    My summary of Egon von Greyerz’s message:

    – The prices of paper gold have nothing to do with the prices of physical gold.

    – Wealth can only be preserved outside the banking system. Banking system is a vampire who gets thirsty soon after it sucks blood from the depositors.

    – US dollar (Transgenderist Federal Reserve Note) is a fiat currency. Every fiat currency has an innate tendency of ever decreasing value compared to a certain unit of gold.

    – The attempts to suppress the prices of physical gold through the trade of paper gold by COMEX and LBMA did not fool anyone but the transgenderists in USA (United Sayonara of America) and UK (United Kingkong).

    • Brewmaster

      The Comex so called paper gold sets the price for Your physical gold every minute of every day. Thus your first point is nonsense, Pinocchio. I know, I know, it’s all about to change, right?

  39. William

    Thought you might enjoy some WB7 humor.

    • Diane

      Love it
      ….thanks William

      • Stanley Crawford

        Thank you for sharing William

  40. Justn Observer

    Greg, Your attention to these would be appreciated. Maybe Rabbi Kahn could help with the importance to this …since it got so little coverage in the U.S. press….seems this would have gotten more coverage being a ‘ Judeo-Christian’ nation being such a part of the Book of Enoch….ya think ? I mean more that a Kerry visit to Antarctica and an astro-not getting sick there?
    Appears something was taken there for safe keeping should/when the planned chaos ensues the rest of the earth? or is it just me that missed the move of the Arch ?

  41. Jerry

    More news on the dollar selloff. Does anyone really believe that the Chinese will not completely flood the market with US treasuries should this massacre continue?

    What is driving the dollar and the stock market up? With a GDP of less than 1% and money velocity cratering, it sure in the heck can’t be the economy. I smell a Federal Reserve Rat.! As the Fed raises interest rates on the front end, they’re increasing stealth QE on the bank end. There’s no other explanation.

    Meanwhile the elites continue to draw the suckers in with cheap money before they drop the hammer. Its like poker. They don’t want to show their hand until all the chips are on the table. Meanwhile the Chinese continue to sell dollars and buy gold.

    • Charles H

      That was good. I think you nailed it, Jerry. Merry Christmas.

  42. Jerry

    The supposed list of the top 300 illuminati leaders,

    I’m sorry if I don’t buy it. I think the corruption goes well beyond that list down to the state level.

  43. PamelaR

    Simply great interview with Egon, Greg. Plain down to earth. Thanks.
    As per some of the comments it never fails to amaze me how some still have their head in the sand.
    Normalcy bias is real !
    Keep it up Greg. Great quality on your site.

  44. Bill

    GREG: Inflation, deflation, stagflation all at the same time??? How can this be??

    • Greg Hunter

      It’s already happening.

      • susan

        Since I am prepared for “all of the above” I am doing just fine. I hope everyone else is, too.

    • This sceptred Isle

      Assets that people use credit to buy will fall in value as credit dries up due to rising interest rates/unwillingness of banks to lend. Such assets include real estate, higher education, cars etc. Also financial assets that are debt could disappear as defaults occur. In such circumstances a failing banking system would jeopardise electronic currencies trapped inside the system.
      If central banks respond to such a crisis by printing quadrillions of dollars, things that people do not usually buy on credit such as food, water and electricity will probably go up dramatically in price as more dollars are bidding up prices.

  45. Paul Anthony

    Thank you Greg! By the way …. side note to support what you’ve said before on Main Stream Lies are going to come back and hurtt them and they are dead and or dying – Politico s reporting 8 floors of the New York Times being cleared out
    Show less

  46. Diane

    What do we make of this?
    IMF witch loses court battle….story on Zero Hedge….
    Here’s what Armstrong said about her a while back

    There is sure a lot of anti globalist sentiment.

  47. Paul Anthony

    “This is not Normal!” I wrote to Charles Blow. The Author of this Opinion Article “This is not Normal” from the New York Times. My email to him is pasted below. Hopefully he will read it. Another Pressitute writer who just is beside himself about Trump. I encourage everyone to read the article and my response to him.

    Dear Charles Blow:
    It amazes me to see a columnist from what was once a prestigious newspaper continue to feed propaganda that Donald Trump is some kind of evil man who is going to Ruin EVERYTHING! This from a News paper whom is shutting down EIGHT floors of their headquarters on again, what was once a fantastic newspaper that is now considered “The Toilet paper of Records” and now apparently “The Toilet Paper of Opinions as well.

    Would you like a list of things that are REALLY not normal? Doesn’t matter here if you want them or not. Or even if you believe it or not. Truth stays Truth.

    What is not normal:

    Head of FBI listing the crimes Hillary Clinton did with her email server. Excusing her from them, and then stating that IF you did them you would be arrested.


    Fast and Furious

    The government stating the unemployment rate is 4.9 percent while 95 MILLION people whom are not working because they gave up looking, can’t find work, or moved in with family members, or dropped off their unemployment benefits.

    Counts part time minimum wage jobs with no benefits as “Fully employed”

    Lies: If you like your doctor you can keep your doctor.

    Lies. Your premiums will go down.

    NDA Act: Signed on New Years Eve 2011 American Citizens could be arrested ,murdered held with out trial, disappeared, basically have no rights if they call you a “Terrorist” – No proof needed

    Main Stream Media (Washington Post) Hires 20 reporters to dig up dirt on Trump and ZERO on Clinton. Can only come up with an 11 year old tape of a private conversation.

    Spirit cooking. Weird to say the least.

    Clinton calling out Donald Trump as a threat to America if he doesn’t accept the results of the election. President Obama saying the republicans have to accept there is no way to hack elections results. When Hillary lost all of the left wants a recount and claims it was Comey’s fault, no wait, They meant it was the Russians, no wait .. some are saying China!!!!

    Electoral College – Lives are threaten

    Obama Lies: There has not been a terrorist attack during 8 years of his administration. Must have forgot – Boston Bombers – Sanburdino, Fort Hood Texas, Major Nidal Malik … to name a few

    Wall Street Rigging

    Quantitative easing – Money printing usually stimulates the economy with in 3-4 months and has never lasted more than 4 months. It has gone on now for years and years. It has stopped. However, there is evidence of back door activity and the markets can not be moving up and down unless the Fed is printing money and buying bonds which is currently in a vortex of continued money printing that YOU can not even wrap your mind around.

    German Central bank Admitting rigging gold market Agrees to small fine and list other banks doing it .. including American banks.

    I can literally sit here for hours and continue typing the “Not normals” that have been going on the last 8 years with our government in while working with the world elite to form a globalist state that the world doesn’t want.

    Yet here you are working for a mainstream news out let that is crumbling due to lies and Propaganda…. STILL not getting over how and why Trump won.

    When things are “Not Normal” Revolutions are VERY normal. I urge you to stop being a presstitute.


    Paul Anthony

    • Romana

      Paul, your letter is great, but depressing at the same time. All this immoral behaviour. Lies, and deception. Preparing for the Great Deceiver.

    • DB Cooper

      Sir. I very much appreciate your post and do hope that you receive a reply … though I have think that the honest reply might be ” I need a job” !! and that reply equates to ‘Yes I am a Presstitute’… So my thought is “Don’t hold your breath” !!

      Yours in Faith and Liberty, FN, DB.

  48. Paul ...

    Remember how we Americans tamed the Old West (and made our towns safe from bankster robbing crooks and thieves) … the NWO elites are going to get reminded very soon as Trump brings in his “deputies” to take down the terrorists that Hillary and Soros have brought here to American shores to create rioting in our city streets … the moral sword of God is now slashing through the evil, pedophile and satanic perversion that has taken root in America and Trump is wielding it … and today we see the Courts are now overturning the tables on Hillary and Soros plans to use the electoral college against our choice for President …

    • Greg Hunter

      I love this phrase “The moral sword of God is now slashing through the evil . . . ”

      Thank you and Merry Christmas!!!!!

      • Paul ...

        And Merry Christmas to you Greg … not forgotten by this USAWatchdogger is that you (moral sword in hand) have been at the very front line of the battle … to put evil on the run!!!
        Paul …

  49. Greg Hunter

    And you are banned!

    • DB Cooper

      Greg, We are pretty sure that you are not a ‘toadie’ … and I have to ask … why in the world would H. say such a thing ?? I am guessing that he will not be back and we will never know !!
      Merry Christmas, the DB family.

      • Greg Hunter

        I let a lot of stuff I do not agree with on the site. When someone comes on with that kind of childish name-calling attitude I dunk them. Not because I am that insulted, but because they make work for me. I have to watch them all that more closely. I do not need anymore work. I need and want respectful comments–it’s less work and they read better. Everybody does not have to agree, but they have to be respectful and calling me a “toadie” on a site I work my a$$ off to provide for free is NOT respectful. Thank you for your comment.

        • Mike from the North

          Greg, Thank You for being a Class Act.
          You are a beacon of light in a giant fog.

          Just know that many here understand and appreciate your service.

          You are the Defender of Truth.

          • Greg Hunter

            Thank you Mike! Merry Christmas!!!!

      • This sceptred isle

        And toads are pretty cool anyway: amphibians that can live on land and water. They will surely inherit the earth after disaster strikes.

  50. pat the rat

    Maybe we need a new name for inflation, how about wired inflation?

  51. R Lee H

    I usually don’t comment on these sites but will today. Greg, I appreciate all the information you and your guests present here. Thanks for your hard work. I also appreciate the useful comments by the folks who respond. Now to Mark R, Jesse and the rest of you whiners complaining about the information presented here and the fact that they can’t give you an EXACT DATE……Get over yourselves. Its called deductive reasoning you morons! You take the vast amount of information available, then use that brain God gave you to make intelligent choices! None of these guys ever said to cash out everything and buy Gold. I propose that unstead of making gold a portion of your portfolio, like most of us wisely have done, you reacted with GREED thinking you would cash in big when the SHTF…….and when it was not wise, want to blame someone.
    These are unheard of times. The guests on this site are giving information that history has proven to be true for centuries. Problem is…we are living in an unprecedented environment with crazy monetary manipulations that have never been done before…at least not on this scale. NO ONE really knows how or when this will end! SOoooo. You got to be smart….have some PMs, have some supplies, have some cash stashed, have something to protect yourself with, have some stocks, have some property,get out of debt, keep working your jobs, be frugal with non essentials, get right with God, support your communities and church, show kindness and generosity when possible……and enjoy life! This ain’t rocket science…..just seems like it. Merry Christmas Greg, your guests and fellow commentors.

    • Greg Hunter

      Thank you R!!
      That was a very nice Christmas present!!

    • Kevin

      No need to call people “morons” just because you disagree with their views! Better to “show kindness and generosity” as you said at the end of your comment.

      The so-called predictions made by some guests are more like speculations and hunches. True predictions are rigorous judgements involving scientific method and statistical inference. Nothing wrong with making subjective forecasts based on personal views though, but do not ennoble them with the cloak of The Truth.

      It should be also noted that if you are in the business of selling PM you are not going to say things that are detrimental to your business interests!

      As far as” deductive reasoning” is concerned, such an argument can be based on true premises, but still have a false or invalid conclusion.

      Happy Holidays to All.

      • Greg Hunter

        You can say Merry Christmas here!! Merry Christmas!!!!

      • R Lee H

        The comment was not that I disagree with their view, it’s the reality that these people want someone to do their thinking for them and then complain when it doesn’t work out the way they wanted. I too bought gold and silver on the way up BUT my own intelligent reasoning determined to make it a portion, not all in, which is what most of these guests suggest. I also have portions in other investments incuding stocks, supplies, debt free property, etc. I am also working hard, enjoying life and am confident I am spread across a number of investments to make the best of what ever happens. I am also in a position to now buy more pms at a better price which cost averages my total lot. It may benefit me or my children or my grandchildren. Not looking to hit the lottery like too many whiners here! I suggest you and others consider taking responsibility for your investing choices with the same deductive reasoning and not expect the “perfect solution” from someone else. That advice is kindness in my book! Have a Merry Christmas.

    • susan

      R Lee H, you are so right on. Thank you for your comments. I,too, am prepared for whatever happens. Don’t sweat the small stuff. Egon gave us great information.
      God bless you. Merry Christmas!

  52. Mike R

    Interesting electoral college outcome. Twice as many electors Dumped Clinton, vs those who dumped Trump.
    (what happened to all of those millions spent since Nov 8th, and all the “Never trumpsters, who said he wouldn’t be elected, including Michael Moore, who also thinks he’ll be shot ?)

  53. Jesse

    Would you or a future guest explain to me how we, the gold and silver lovers, the stock haters etc………are not the kool aid drinkers….. As opposed to those who drink the ale of the financial mainstream media?? As I look over the last “near” decade, I’ve lost lots of money being invested in metals and being short stocks. And the people that stayed in stocks through it all are smelling like a rose, and I’m holding onto metal at 50 cents on the dollar in one hand and an empty glass of kool aid in the other. Speaking of dollar, look at all the advice we have listened to over the last decade that the dollar is going to tank….. and look at it go! Sure, I understand that a crash of sorts will probably happen. Eventually. But so will the death of us all. There’s no use hiding under the mattress waiting for that day. We must live and prosper. And sure, tangible assets will someday be a better place to be than equities. And our fiat dollar will probably someday crash. But when we are nearing the close of a decade of being on the wrong side of these markets, all these markets, what more do we need to verify how wrong we’ve been? Don’t give me a kool aid breathalizer. I’D FAIL.

    • Greg Hunter

      10 years ago gold was just a bit more than $600 per ounce. You have lost money? Jesse you should sell out every ounce you have and go fully into the stock market that is not manipulated and totally organic.

      • Anthony Australia


    • Jerry

      Have you ever played poker? Right now the Banks are drawing the suckers in with cheap money before they drop the hammer. The real investors I know are sitting on the sidelines biding their time, waiting to come in and buy everything up in a fire sale. I’ve seen this play out so many times, I’ve lost count. Profits are made when bubbles burst. I could have purchased a house in Florida for $60,000. when the subprime mortgage bubble burst. That same house four years earlier was selling for $280,000. Go ahead and sell your silver. I’ll buy. Greg has my email.

  54. WD


    Trump secures Electoral college for Presidency and Hillary loses electoral college votes….talk about adding insult to injury…….

  55. Jesse

    1. I can’t think of one market that suffers zero manipulation. Or is 100% organic. Therefore if that statement is true, manipulation is a market force that needs to be accounted for. It’s like a pilot blaming the crosswind for landing beside the runway instead of on it. Maybe a beginner pilot can use that excuse, but an EXPERT PILOT that misses the entire airport year after year can’t blame that error on a crosswind.
    2. Closer to 6 years ago. When silver was $30. That’s when I invested. Sorry I rounded it to 10 years ago. I guess the pain has felt like it’s been 10 years ago. And yes. I’ve lost money.
    3. Obviously your idea of me selling my silver and going into stocks was said tongue in cheek. For a man that ends his weekly wrap up with “Fear not, God is in control” that comment isn’t looking out for your readers, fans, or NEIGHBORS like the second greatest commandment tells us to. I don’t mean to cast stones. But for somebody who obviously has a walk with God, I expect a better reply than to simply get tossed under the bus. What would be wrong with saying “keep your chin up Pilgrim, we ain’t giving up yet” or something that showed a little empathy for situations like mine. Instead you throw me under the bus like I’m some idiot out bumbling around that doesn’t have the capacity to absorb what you and your guests know, or think you know. I’m not throwing you under the bus. I’m just wondering why you’re so intimidated by the idea of taking a little halftime reality check to exam why we are missing the landing strip.

    • Greg Hunter

      I don’t know what to tell you. You are looking at what you bought as a trade, and it is not a trade. It’s the same as insurance. You don’t buy car insurance so you can wreck you car and make some money on the “trade.” You have full force protection that never expires. That is the simple way to look at this. Your timing was off, but the reasons why you bought insurance in the first place have never been more dire. We have not “missed the landing strip” because people should buy insurance for financial calamity NOT a trade. That is spot on advice and you will not be able to buy it when the house catches on fire or when you total you vehicle. By the way, no one really knew how deep the manipulation went until Deutsche Bank (DB) admitted (2016) to the manipulation in both gold and silver markets. DB is a primary dealer of Treasuries and that means all the Fed banks were involved. Your asset will preform exactly the way it should when all others fail in the next collapse and the mother of all is on its way–and guaranteed. Thank you for your comment.


    • This sceptred Isle

      I understand a lot of what you are saying. I too bought silver around the $30 dollar mark and below. Have I made money? No. But when I bought it I realised that there is no guarantee it will go up in the short term. Yes some of the serial wrong forecasters such as Bo Polny and Harry Dent are annoying but you get these kinds of people in mainstream media as well (remember the dot com bubble or the sub prime crisis?)

      There is no such thing as a safe investment, especially in this environment. We are all adults with free will and I made the decision not to have all my assets tied up in the banking system. I have spread my risk as evenly as possible so as not to keep all my modest assets in one basket.

      Greg could have taken the safe option and stayed in mainstream media but has taken a risk (career and financially) in order to follow his principles. I have never heard him blame other people for his own life decisions when the going gets tough.

      If you are going to be a contrarian you have to be mentally prepared not worry what others think. Psychologically it is easier to lose in a crowd than stick your neck out and be different. On the flip side betting against the crowd and being different is the only way to be truly successful.

      • Charles H

        $32 bucks for me. So, I’ve got what I got.

  56. Booth Wilkerson

    We Created Al Qaeda to Fight the Soviets in Afghanistan
    This essay does not address any “inside job” theories for 9/11 or other terrorist attacks on America. Instead, it focuses on the well-documented fact that the virtually continuous U.S. backing of Al Qaeda terrorists since the late 1970s has led to blowback which has come back to bite us in the ass numerous times.

  57. Booth Wilkerson

    The Elite Just Sent A Message To Russia
    Tuesday Dec 19, 2016
    Mike Morells first Strike Trump in the Cross-hairs
    CIA/Muslim brother hood march toward WorldWarIII

  58. Jim Bond

    Greg, were about the same age.
    We lost a friend today we grew up with. We probably never new his real name but when I heard that Gordie Tapp died of Hee Haw fame I knew, I knew him.

    Gordie Tapp, Cousin Clem on ‘Hee Haw,’ Dies at 94

    Hollywood Reporter · 2 hours ago
    The Canadian funnyman appeared in 90 episodes of the long-running U.S. variety show. Canadian comic and entertainer Gordie Tapp, best known as the country …

  59. Jerry

    I didn’t know you where in a rock band.

  60. Diane

    This is disturbing.
    India is trying to make gold virtually illegal.
    Looks like they have a leader who is another
    Malignant messianic megalomaniac.

  61. Simon Ruszczak

    The world’s total mined gold has steadily increased from 2280 metric tons in 2008, to 3000 metric tons in 2015. How come Egon von Greyerz said its going down (@ 3:20) and “we’ve seen peak gold”, is he basing his prediction this year’s production ? If so, he’s postulating from a single year’s decrease, or is he basing his prediction on insider information, or both. The long term world production trend over the decades has been upwards.

    Physical gold and silver, are still a very good monetary security against the eventual collapse ,which could be still years away (I hope not), no one knows. They’re real money !

  62. aussie jeff

    One to many xmas drinks at the office party HCB???

  63. coalburner

    Greg; and all the watchdogs; MERRY CHRISTMAS TO YOU one and all!!
    Months ago and for many months we and legions of other patriots to a rediculuous extent were worried about losing our country if Trump was not elected. And it was a long haul being uncertain or just not able to believe he would win. All kinds of spook stories were about, some actually possible and terribly gloomy. I truely believe God intervened and people came out and won for Trump. I have never heard a President elect go out and thank the people for saving the country like Trump. For a guy with a very big ego to show that kind of humility is more than we hoped for. We must take time to celebrate and enjoy Christmas. The worry has been lifted for a while and we must stop, give thanks and remember what Christmas is about. We must enjoy , rejoice and sing Christmas hymns, pray and give thanks to our creator. We have been heard and given reprieve for a while. Again Merry Chrismas to you all!

  64. Mme Hedin

    Mr.Von Greyerz seems like a savvy guy with lots of good connections. Thanks for having him on, Greg – another excellent interviewee… Merry Christmas

    • Greg Hunter

      Thank you and Merry Christmas to you too!!!!

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