During many seminars, I point investors to the fact that real interest rates are the main driver behind the gold price. A real interest rate is the interest rate corrected for inflation. It shouldn’t come as a surprise that gold performs well when interest rates lag behind the rate of inflation. What will happen to the gold price now?... »
Positive Real Interest Rates for The First Time since 2009: What Are the Implications?
October 27 2015
Olav Dirkmaat
Is Your Investment Portfolio Recession-Proof?
October 20 2015
Earlier, I wrote that it is (increasingly) likely that we’ll face another recession (in the articles here, here and here). Do you remember what happened back in 2008? You have probably seen a large part of your wealth vanish into thin air. Is your investment portfolio recession-proof this time around?... »
Olav Dirkmaat
Remarks on the European Refugee Crisis and the Fall of the Roman Empire
October 13 2015
In writing this article, my goal isn’t to proclaim a political or ideological opinion about the European refugee crisis. Rather, I want to know what the future has in store for us. Today, I want to show how some (sincere) 'do-gooders' have no idea how they are 'helping' Europe towards the verge
... »Olav Dirkmaat
Once upon a Time There Was an Economy Surprising Us with Its Strong Recovery
October 6 2015
What a remarkable month it has been in terms of monetary policy! The three most important central banks in the Western world, namely: the U.S. Fed, the European ECB and the British Bank of England, met to discuss interest rate policy. After viewing the accompanying press conferences and press statements, I noticed something remarkable and simultaneously worrisome.... »
Edin Mujagić
