The euro has been strong recently. The EUR/USD rate shot up to a two-year high, to a level of 1.21. But not only the euro has been “strong” against the dollar. Better said, the recent euro strength can for the most part be explained by recent dollar weakness. The gold price in dollars went up as a result, even exceeding $1300 per troy ounce, but gold prices for investors in the Eurozone have remained mostly flat. Where is the EURUSD heading next?

Exchange traded funds (ETFs) are hot. Everybody is buying. The mantra of passive investing has created a billion-dollar industry for these “trackers.” And gold is not staying behind. One of the world´s largest ETFs is the SPDR Gold Shares Fund (GLD), a gold-backed ETF, which is supposed to track the gold price. And the GLD ETF is perhaps among the world´s “safest” ETFs, but let us not get started on junk bond index ETFs. ETFs suffer from deep structural flaws whenever there arises a

Will gold and silver be ousted by Bitcoin? These types of stories are to be expected, especially now the price of Bitcoin keeps rising even surpassing the $4000/BTC barrier. The supply of Bitcoin in circulation is limited to a maximum of 21 million units, and the annual growth in the supply of Bitcoin will diminish until that 21 million limit is reached. Apparently, the very same question keeps our dear readers up at night, because one reader recently remarked: “Since this technology (blockchain, ed.) is gaining ground fast and inflation is no longer an issue, to what extent is it still useful to protect yourself with gold. (…) The increasing popularity of, among other cryptocurrencies, Bitcoin causes, according to my opinion, also an ousting of gold and silver.” Let us today dive a