Investors can be divided into two groups: one group strongly believes that gold will protect their savings during a period of rapidly increasing inflation; the other group thinks that stocks are a better protection against inflation. Who’s right? What is the best hedge against inflation: gold or stocks?... »
The Best Inflation Hedge: Gold versus Stocks
May 9 2014
Olav Dirkmaat
Its the Weather, Silly: Everything about the Abysmal GDP-report & the Failure of QE
May 2 2014
As manic-depressive Mr Market appears to focus wholly on good news only to confirm its bias that the U.S. (and world) economy is indeed recovering, the news that U.S. GDP numbers over the first quarter of this year were absolutely horrendous was silently ignored. More shockingly, if it wasn’t for Obamacare, GDP would have actually declined 1% year-to-year in the first quarter. Abysmal, in... »
Olav Dirkmaat
Amazon: Don't Play the Losers' Game
April 25 2014
Recently, I’ve come across a piece about Amazon written by a prize-winning asset manager. After a painstaking sales pitch, she cites analysts’ expectations and adds that “Amazon will triple its earnings in 2014 and then double them again in 2015”. “Investors should not look at the... »
Olav Dirkmaat
Deflation: Really?
April 17 2014
There is a public outcry over lower inflation. Many pundits fear deflation, as if it was the devil himself. IMF’s Christine Lagarde is one of many alarmists that warn for a deflationary spiral, calling it the deflation “ogre”. Lagarde has been very outspoken about the dangers of falling consumer prices and even urged ECB-president Mario Draghi to actively “fight low inflati... »
Olav Dirkmaat
