There is a lot of nonsense being written about the gold market. One myth is persistent: the Comex — London’s 'paper gold market' — is thought to be on the brink of collapse. For example, Zero Hedge, in one of their articles, stated that “there is now an unprecedented 228 ounces of paper claims” (futures contracts) in circulation for every troy ounce of physical gold 'in the Comex vaults." Myth or reality?
... »The Comex Will Not Go Bankrupt!
September 21 2015
Olav Dirkmaat
The Gold Price Correction Is Not Over Yet
September 15 2015
I often mention the dollar. For the past two years, the dollar and dollar-denominated assets have been roaring. As I expected, the gold price fell below $1,100 per ounce (to $1,080/oz). My prediction came true. But will it stop here? Have we reached the bottom?
... »Olav Dirkmaat
Four Types of Investors — Which Type Are You?
September 7 2015
Success leaves traces. That’s why studying the different types of investors can be very rewarding. What types of investors are there? How do we recognize them? How successful are they? And more importantly: what type of investor are you?
... »Olav Dirkmaat
'Black Monday' Marks the Start of a Second Asian Crisis — and More
September 1 2015
The days of the 'Great Sedation' appear to be numbered. Since 2011, stock prices have been pushed to record highs while volatility was at a record low. Stock market prices steadily increased, without any serious corrections. Up to last Monday at least, when a new 'Black Friday' hit the market. Stock prices crashed; China’s losses being the worst. Volatility went through the roof globally. What is going to happen next? And what will that mean for you?
... »Olav Dirkmaat
