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“Sometimes, the only winning move is not to play”
Share this articleThis was the conclusion of the assessment of legendary investor Michael Burry regarding the current market conditions. To be precise, his take as recently posted on X, in full, was “Sometimes, we see bubbles. Sometimes, there is something to do about it. Sometimes, the only winning move is not…
- Economics | Finance | Gold | Politics | Uncategorized
The ECB’s “mea culpa”
Share this articleEconomists, conservative investors and market observers have been issuing stern warnings for years regarding the severe impact of the current monetary policy direction. The problems In a recent statement, ECB Vice President Luis de Guindos warned of potential side effects and risks to the economy resulting directly from…
Corona crisis: the cost of the response – Part I
Share this articleThe absolutely unprecedented wave of shutdowns, new restrictions and regulations that the coronavirus epidemic has triggered on a global scale is truly hard to quantify. We’ve simply never seen anything like it before. Never in the history of mankind have countries all over the globe intentionally hit the…
Gold doing what it does best – Part I
Share this articleGold’s stellar performance throughout the pandemic and especially over the last weeks has managed to capture international headlines and dominate expert analyses and commentary. The media frenzy quickly intensified once the precious metal first broke the $2,000 ceiling in early August, a record that was widely covered by…
