All eyes were on Greece this week, but China wasn’t far behind. The Chinese stock market came crashing down as the country was in turmoil. Investors were even intimidated and arrested in an attempt to halt the crash. What will China’s crashing stock market mean for gold? And what will happen to Greece?... »
The Two Scenarios Facing Greece, and What Is Currently Going on in China
July 14 2015
Olav Dirkmaat
Do Not Worry about Gold Confiscation
June 16 2015
Earlier, the IMF proposed a one-off 10 % tax on savings. But isn’t gold also vulnerable to confiscation? I will explain why you do not have to worry about a possible gold confiscation. We will also take a look at the odds of a confiscation of savings.... »
Olav Dirkmaat
What You Must Know about Greece
June 9 2015
In our most recent seminar, I mentioned that Greece would not be able to make its due payment to the IMF without the help of European taxpayers. Last Thursday, the Greek Prime Minister – Alexis Tsipras – admitted that he would be unable to make the payment; Greece has run out of money. What... »
Olav Dirkmaat
Why the Yuan Will Never Be Backed by Gold
June 2 2015
In order to understand where gold prices are heading, we first have to learn about price formation. Also, let’s debunk some myths surrounding the Chinese demand for gold, and how it affects your gold investments.... »
Olav Dirkmaat
