This week, the Greek stock market reopened after a five-week shutdown. Investors weren’t surprised by the heavy losses on the market that followed. But does that mean that investors have learn their lessons? Will they be able to anticipate at the next sovereign debt crisis in time? Probably not. History tends to repeat itself within  the financial markets. But which lessons can you draw from this Greek tragedy? How can you ensure that a looming crisis will not hang over your investments as a

You have probably heard it before: “Put 25% in stocks, 50% in bonds and 25% in real estate,” or something similar. These asset allocations are almost sacred to some investors. Almost everyone has their own favorite asset allocation. But, even the banks say that a fixed asset allocation is absurd. What should you do then? Should you invest in stocks or gold?... »

I mentioned earlier why I, despite everything, was expecting an agreement with Greece, which would pull down price of gold. This week it became reality and the gold price fell to $1,130/oz, while the euro dropped to a seven-week low of US$1.08. Several voices are asking: “Now that a Grexit has been avoided, what can still lead to higher gold prices?” But that’s not how the market works! We are nearing a bottom in dollar denominated gold prices. The decline will end.