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President Trump wants to buy Greenland. Or take it over. Or, if necessary, conquer it by military force. What began as a bizarre statement during his first term has now grown into a serious [...]

A year ago, most investors and analysts agreed on the US dollar. They assumed that the dollar would remain strong in 2025, supported by superior US growth, rising yields and its safe-haven [...]

The last time Japan’s policy rate was as high as 0.75% was in 1995. Thirty years later, the Bank of Japan has reached that same threshold again. Governor Kazuo Ueda raised the policy [...]

Gold offers protection against extreme scenarios. So extreme that it makes no sense to invest in gold in the same way as other asset classes. The actual value of gold only becomes apparent during [...]

The consensus in financial markets is overwhelmingly in favour of a weaker dollar due to the upcoming Fed interest rate cuts. While interest rates in the United States are falling, they are [...]

According to the White House, the 90-day pause on import tariffs is part of a carefully thought-out strategy, but Trump himself said he only decided on this change of course on Wednesday morning, [...]

The summer palms of Mar-a-Lago sway in the gentle breeze while a new chapter in global financial history may be written in the stately halls of this ‘Southern White House’. Forty years after the [...]

While the world eagerly watches Mar-a-Lago and the spectacle of US trade tariffs, a development that is at least as important for the global economy is taking place on the other side of the [...]

A fortnight ago, the world index traded at a new all-time high. Meanwhile, we are down about 5 per cent. There are three reasons for this pullback. Trump’s presidency plays a role in all three, [...]

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 [...]