Is structural inflation likely in the future? Is a more severe erosion of the value of our money than, let’s say, has been the case over the past 30 years likely? These are two important questions for anyone who asks himself/herself whether his/her capital should be protected against (high) inflation's voracious appetite.
... »Can You Trust the Fed and the ECB?
May 31 2017
Olav Dirkmaat
Where Are the Gold Price and the Dollar Heading?
May 24 2017
The past weeks were the weeks of the recovery in gold prices and the dollar. The EUR/USD rate went up from 1.08 to 1.12, while the gold price went from $1,220 to $1,260 per troy ounce, somewhat in the neighborhood of where gold prices stood a month earlier. After having written frequently about the course of the gold price and the dollar in the past, it might be a good moment to take a step back for a brief update.
... »Olav Dirkmaat
Draghi Misses the Point During His Visit to the Netherlands
May 17 2017
The day finally arrived. After ECB Chair Mario Draghi already postponed an earlier meeting out of fear, I speculate, to become subject of fierce election campaigns, the Italian finally found his way to The Hague and finally took time to answer questions of a group of Dutch members of parliament
... »Olav Dirkmaat
Trump’s Tax Plans in Shambles, Stock Market Correction Ahead?
April 7 2017
Ever since it became known that Donald Trump would be the next American president, stock market indexes (the S&P 500, Dow Jones and Nasdaq) took an advance on his future tax plans. The Dow Jones rose by more than 12% after Trump´s election, while the S&P 500 rose by 10%. However, this so-called “Trump-trade” (buying stocks in anticipation of a future tax reduction) seems to be turning against itself, since it is not as easy as expected to actually lower taxes.
... »Olav Dirkmaat
