A few more nights of sleep and the economic expansion in the US will be the longest expansion ever in the history of the United States. This expansion means, among other things, that a period of lower growth, if not a recession, could only be a matter of time. The natural behaviour of a healthy economy is one of ascending and descending phases, not of everlasting growth. Of course, the American economy has received a massive overdose of all sorts of monetary drugs, such as quantitative easing... »

It is always nice to discover which commodity, technology or cryptocurrency is called "the new gold" and perhaps even more interesting, why? Why do people invariably speak of a new “gold rush” if there is a promising investment opportunity and why is gold always the instinctive standard?... »

Recently, the Fed decided to pause its interest rate hikes. The Fed funds rate, in this case. Better yet, the Fed decided to … lower the – from my perspective – most important policy rate! As soon as you read this article and understand why the Fed actually lowered rates, you will also understand why the Fed is losing its control over interbank interest rates.