What a remarkable month it has been in terms of monetary policy! The three most important central banks in the Western world, namely: the U.S. Fed, the European ECB and the British Bank of England, met to discuss interest rate policy. After viewing the accompanying press conferences and press statements, I noticed something remarkable and simultaneously worrisome.... »
Once upon a Time There Was an Economy Surprising Us with Its Strong Recovery
October 6 2015
Edin Mujagić
In 1998, This Investor Made the Best Decision of His Life
September 28 2015
Everyone told him that he was nuts. As stock prices went through the roof, everybody was talking about the "New Economy". Tech companies were making headlines every day. The "digital revolution" would lead to ever-increasing stock prices. Even the local shoe shiner was giving stock tips.
... »
Olav Dirkmaat
The Comex Will Not Go Bankrupt!
September 21 2015
There is a lot of nonsense being written about the gold market. One myth is persistent: the Comex — London’s 'paper gold market' — is thought to be on the brink of collapse. For example, Zero Hedge, in one of their articles, stated that “there is now an unprecedented 228 ounces of paper
... »Olav Dirkmaat
The Gold Price Correction Is Not Over Yet
September 15 2015
I often mention the dollar. For the past two years, the dollar and dollar-denominated assets have been roaring. As I expected, the gold price fell below $1,100 per ounce (to $1,080/oz). My prediction came true. But will it stop here? Have we reached the bottom?
... »Olav Dirkmaat
