By Matthew Piepenburg – Von Greyerz Gold
Earlier this year, I was asked to give my most “heretic” opinion about the global financial system.
This was an unusual yet bold question, and after a brief pause, I answered that the entire system was…, well:
“A lie.”
This may seem like a sensational response in an industry sometimes prone to the sensational; however, if we look at stubborn facts, the answer is truer than it is extreme.