The New Abnormal: Social Unrest, Market Volatility
& Currency Debasement
Matthew Piepenberg

In his latest conversation with the David Lin, VON GREYERZ partner, Matthew Piepenburg, addresses US political volatility (post-assassination attempt, pre-Biden drop out) and social unrest, with special attention on their near and longer-term implications for US and global markets.

Turning to US political headlines, Piepenburg addresses the history of markets under Democratic and Republican administrations in general before specifically addressing expected forms of market support (from regulatory, M&A, taxation, tech, trade and rate signals) under a potential Trump White House. Although prior evidence and even projected risk-on expectations are near-term possibilities under a Trump administration, Piepenburg warns that longer-term signals (narrow, over-valued equities and unsustainable debt and rate markets) portend far greater mean-reversion risk than reward heading into election season in late 2024 and the year to follow.

Although recorded prior to Biden dropping out of the next election, Piepenburg realistically confessed that “Trump is looking pretty hard to beat.” As far as Biden goes, this issue is now settled.

That said, Piepenburg bluntly reminds that regardless of who wins in 2024, no one—from “Papa Smurf to Albert Einstein”- can solve or prevent the debt-driven iceberg already scraping the bow of the US markets and economy. Lin asked of the increasing risk of “civil war” in the already divided-states. According to Piepenburg, the divisions are (and have been) openly apparent; there are no easy answers. We can, however, foresee that increasing centralization is the more real and present danger as inflationary realities undermine the political, social and financial stability of a nation in open decline.

Beneath these inflationary (and hence currency-destroying) currents lies the undeniable debt crisis facing the US in particular and the world in general. The additional de-dollarization forces add further pressures against the USD (and fiat money in general) and point directly to the undeniable case for (and role of) physical gold as an essential allocation.

Matthew Piepenburg, Commercial Director at Matterhorn Asset Management and co-founder of SignalsMatter.com, has extensive experience in alternative investments, law, and finance, with particular expertise in managed futures, credit and equity investing. He also has years of experience researching, evaluating and investing in alternative investments: hedge funds, private equity vehicles, VC and real estate. Matthew Piepenburg's skills include asset allocation, portfolio management and macro economic analysis. He has written numerous white papers on the long-term distortions of central bank policies here and abroad. He has guest lectured at numerous family office forums, law firms and universities, including Georgetown, Brown, Harvard and Cal State. Matthew Piepenburg is also a published author and regular contributor to The Good Men Project and the author of the Amazon No1 New Release “Rigged to Fail,” which bluntly details the systemic and structural flaws behind central-bank distorted capital markets. 

All of these combined monetary distortions are directly responsible for the staggering level of currency debasement ignored in plain sight by a majority of policy makers and investors, which is why Matthew is committed to informing of, as well as addressing solutions to, these systemic fault-lines in the global system. Toward this end, all rivers flow toward precious metals as currency insurance (hence Matterhorn role in Zurich) as well as sober yet actively managed portfolio construction (hence the SignalsMatter service). 

 

vongreyerz.gold