Gijsbert Groenewegen

Articles by Gijsbert Groenewegen

On the heels of gold and silver continuing to consolidate gains, the war in the gold and silver markets continues as the commercials (Fed, BIS, bullion banks) shorts in the silver market just hit a new all-time record! As we know the...
If it’s not in May it will very likely be in June. When the Fed will finally be forced to be honest and admit that it is wrong on the economy and therefore will have to drop its tighter monetary policy with as consequence that precious...
In Part I I explained the counter-party risk that is all around us - and will come to the fore in the next financial crisis. In this second part I reflect on the rescue operations of the Fed following the 2008/2009 recession and the...
What is counter-party risk? And how many people really are aware of the consequences of systemic counter-party risk? Counterparty risk also know as default risk is the risk to each party of a contract that the counterparty will not live up...
January was the worst month for European government bonds in history with all the bonds blowing out. TCW, the US asset manager that runs world’s largest actively managed bond fund, has eliminated its exposure to Eurozone bank debt over...
Nothing makes sense anymore. The markets keep going up like it is going out of fashion Trump’s honeymoon period or not. Trump might be getting a strong cabinet around him and have good ideas to stimulate the economy…though you first have...
Despite the low interest rates and the subsequent underfunding of the pension plans, global debt levels have increased significantly since 2008. Debt across the nonfinancial sectors of almost every economy remains close to record highs,...
Gundlach believes that Trump’s policies can raise the bond yields to 6% in the next 4 to 5 years. I believe that the recent surge in interest rates worldwide, with global bonds posting the biggest two-week loss ($1.8trn) in 26 years (since...
We currently have record short gold positions (300k) on the COMEX, held by the commercials (read bullion banks), because they want to force gold and silver prices lower. As a result of the massive short positions, we are also witnessing...
The two main reasons for deflationary forces are the strongly reduced demand for goods from China and the QE, ZIRP and NIRP programs from the main Central Banks (CBs). Chinese GDP growth of approx. 7% can’t be maintained for an economy the...

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With gold stolen by Conquistador Francisco Pizarro from the Inca Empire in 1532, Spain financed its conquest of Europe.