The US dollar
Since the decoupling of the US dollar on 15 August 1971, there have been three major bull markets in gold. The first started in the early eighties when Paul Volcker was willing to risk a [...]
Inflation this year
American inflation in January was higher than expected, immediately leading to a discussion about the consequences of monetary policy. The reason for this is that the stock market’s [...]
German Elections
Elections will be held in Germany this Sunday. The country is now seen as the weak brother in Europe due to competition from China and the consequences of the war in Ukraine, but Germany has [...]
One week of import tariffs
Last week, Donald Trump announced tariffs that took the markets by surprise. After his election victory, Trump indicated that he was considering this measure. Yet, it was expected to mainly be a [...]
A hole in the ground with a liar next to it
There are investments whose value is difficult to determine. Their value is whatever the fool pays for them. They do not pay out dividends and have no coupons, but the buyer hopes there will be a [...]