Matthew Piepenburg, Commercial Director at Matterhorn Asset Managment, joins Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, to discuss the ramifications of the collapse of Silicon Valley Bank and Signature Bank including contagion to the banking sector and the Federal Reserve’s next moves .
Piepenburg gives his outlook on inflation, the gold price, de-dollarization, and Central Bank Digital Currencies, and what it all means for investors.
Follow Michelle Makori on Twitter: @MichelleMakori (
Follow Kitco News on Twitter: @KitcoNewsNOW (
0:00 – SVB collapse
11:05 – Bank contagion and government response
19:35 – Federal Reserve policy
26:39 – Gold
34:30 – Fed pause
35:31 – Market rally
39:23 – Social unrest
40:50 – Central Bank Digital Currencies
45:55 – De-dollarization
51:29 – Investment implications
#gold #banking #stocks
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Kitco NEWS is a global news network based in Montreal, with bureaus in New York, Hong Kong, New Mexico, London and Vancouver. Since 2009, our journalists have helped investors make informed decisions through in-depth reporting, daily market updates, and interviews with key industry figures. We aim to accurately and impartially cover the economy, stock markets, commodities, cryptocurrencies, mining and metals.
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44 Comments
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Yeah I respect his colurful metaphors. One if the best intervieweis I see as been honest and real.
Where i live its flat and water is flat . I dont care if the say its not . My choice to deny carbon is bad and the grand solar minimum is going to make it difficult to feed the world's population . Or if i changed to a terrain theory from big pharma blaming a non visible virus . Or have to take poison to prevent a non isolated virus . Bottom line is "all kinda people at the dance" YA MON ❤💛💚
This dude is clueless.
Where the more talented half of KITCO? I just keep seeing the one with the bimanual assets…
This was excellent
In the case of svb they have to restore the money to the big boys. I wish I couldn't loose like these guys.
bigger
<sigh>
Wunch of BANKERS
rip yankee. RUH🐶ROH!
schwing!
Good interview, thanks!
These banks collapsed because they got woke and went broke. Unfortunately, they have set other dominos falling…
Not just the hiking rates that caused this, initially started with the fed artificially taking rates to zero, pushing the banks over top of the trap door.
It’s to obvious that this was going to happen.
This dude is such a G
I see where this whole thing is going over the next year. In the meantime, does anyone have a good Hoover Stew recipe? 😮😢
Really enjoyed your guest. He was spot-on. Cbdc is just a form of enslavement maybe not in the near-term but enslavement for future Generations
Great stuff. Peace and love
Good one😅
Scripted collapse cbdc total gov control soon
End the Fed and the cancer engulfing the US falls into remission/recession
“everything is a CON game for the benefit of the parasite classes – politics==polyticks==many parasites”
There’s just no safe haven. If Fed left Silvergate and Signature go Crypto would be in FTX second gen major drop. With gold after Uganda has found gold deposits that has been said it’s 20% of every pice of gold ever found throughout history. Real estate will crash with banks. So where do you go to find real value?
Complete Government Tyranny and Control.
This banking crisis was all planned and choreographed to shut down regional and mid-tier banks. The USA has Big Pharma and Big Tech and now you have Big Bank. The last one left is Big Food and then you are done. You will then be under a total tyrannical government and the USA will be no more. USA sovereignty will be handed over to global bureaucracies who are unelected like the UN, WEF, WHO etc.
These failing banks all have one thing in common. Their bank executives are virtually all Democrat donors and some are even from Lehman Brothers who should not be on the board of any bank. Remember them.
Biden with his bailouts has effectively nationalised the USA's banks. The government now controls the banks and your money.
The USA has no option now, but to exercise their second amendment rights and remove their corrupt and tyrannical government. Civil war is next, so start preparing.
Is this legal?
Bitcoin is the superior store of value
32 trillion dollars debt will fire 🔥🔥🔥
All good reasons I will buy Bitcoin and relax.
Excellent interview….Suggest All Listeners check out Erik Hadik Cycle/Technical work AND Larry Williams Seasonal/Sentiment Cycles Work– Yes You can monetize your Theories with More Precise Timing…
I prefer AGQ over Physical And Leveraged Gold ETF– ZERO transaction costs…
I will be harvesting my GOLD Silver and COIN in May BEFORE another Leg DOWN….
Hello,a man who says the money is naked…no clothes, no power,no use, at the end of the Plastic Day…
Is it true that the bank failures are not due to bad loan assets but rather investments in triple A rated US Government Securities which fell in value due to interest rate hikes?
You evil lying narcissistic sociopaths.. these banks laundering $$$ for drug cartels.. Who pays for your bs.. $$$ goes to New Hampshire.. why don’t you smile while you’re lying in our faces…
He speaks so well
Monkeys on the run !
Michelle please investigate Paxgold and TetherGold
Jesus Christ is Lord Amen 🙏 ❤
Israel and New Hampshire hint ..do your research..
39:30 "They are always the plankton of the big wall street whales"😱
Hi Michelle and Guest!
foxy lady Michelle 😍
This guy tries to make fun of Biden "muttering" who at least makes sense. Has he ever even heard Trump's complete egotistical BS nonsense?
January 6 was not about a failed election. It was about brainwashed Trumpsters believing lies. If it was a sham election, why didn't ask the Republicans who won seats in Congress give those seats up and call for another election? They didn't because they know that the election was legitimate. Fox News and Trump are going to pay for their lies but not as much as the insurance who are stuck in jail.
Also, it's the Republicans who turned the raising of the debt ceiling into a grandstanding game. Funny how they don't put up a fight when they control the Senate and the House of Representatives.
Thanks for asking the question about gold ETF's