A careful thought experiment about the question what his presidency could mean for the gold price.
... »And the Winner Is… Donald Trump
November 17 2016
Edin Mujagić
This Is How Low Interest Rates Destroy the Economy
November 8 2016
Of course, you will read about everywhere how low interest rates hurt savers and pensioners. But this obvious and visible consequence is not the real bottleneck. Interest rates are the most important prices in a market economy. Interest rates coordinate production over time. The artificially low interest rates of today will lead to erroneous investment decisions, which will avenge themselves in only one possible way: a depression with a capital D.
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Olav Dirkmaat
"Sustained Convergence": The Most Important Words from Frankfurt for 2016
October 31 2016
The ECB-meeting last Thursday was all but exciting, perhaps even flat out boring. That is more or less the sentiment of most pundits about the ECB-meeting of last week. In my opinion, this prevailing sentiment does no justice to the meeting. And I argue that this is the case because of just two
... »Edin Mujagić
The Plea of Trump Nobody Pays Attention To
October 25 2016
Last week we had yet another presidential debate. The Republican candidate Donald Trump went face to face with Hillary Clinton in their third television debate so far. Hillary Clinton, with her trained smile and manipulation behind the scenes, is the perfect politician; Donald Trump is the eccentric populist who never shuns an opinion. Yet one of the points made by Trump during the first television debate was completely ignored. And his plea happens to be one of the reasons why the upcoming elections in November will be very important for gold prices.
... »Olav Dirkmaat
