It seems too good to be true. Can one stock really tell you everything you need to know about the economy? You wouldn’t have to read the daily newspapers anymore; you could simply take a look at the company’s figures. Which stock am I talking about? And what does it tell us about the state of the economy?
... »The One Stock That Tells You Everything You Need to Know about the Economy
July 27 2015
Olav Dirkmaat
Why the Gold Price is Falling
July 20 2015
I mentioned earlier why I, despite everything, was expecting an agreement with Greece, which would pull down price of gold. This week it became reality and the gold price fell to $1,130/oz, while the euro dropped to a seven-week low of US$1.08. Several voices are asking: “Now that a Grexit has been avoided, what can still lead to higher gold prices?” But that’s not how the market works! We are nearing a bottom in dollar denominated gold prices. The decline will end.
... »Olav Dirkmaat
The Two Scenarios Facing Greece, and What Is Currently Going on in China
July 14 2015
All eyes were on Greece this week, but China wasn’t far behind. The Chinese stock market came crashing down as the country was in turmoil. Investors were even intimidated and arrested in an attempt to halt the crash. What will China’s crashing stock market mean for gold? And what will happen to... »
Olav Dirkmaat
Do Not Worry about Gold Confiscation
June 16 2015
Earlier, the IMF proposed a one-off 10 % tax on savings. But isn’t gold also vulnerable to confiscation? I will explain why you do not have to worry about a possible gold confiscation. We will also take a look at the odds of a confiscation of savings.... »
Olav Dirkmaat
