Einladung zur Auktion in Zürich vom 8. – 10. Juni 2020

Numismatik – Eine Klasse für sich! Es freut mich Ihnen diese Veranstaltung vorstellen zu dürfen, die in Zusammenarbeit mit meinem langjährigen Partner „pro aurum“ in den nächsten Tagen stattfindet.   Die Welt der Numismatik hat eine eigene Faszinationskraft – historische, kulturelle und ästhetische Werte gehen auf einzigartige Weise in jedes Stück ein und geben ihm einen …

An unexpected blow to the ECB – Part II

The corona effect Although the German court ruling had nothing to do with this latest wave of easing and money printing triggered by the coronavirus crisis, the timing of it puts the present situation in a different perspective. This crisis has served as a “judgment day” of sorts. It revealed the countless failures, the incompetence …

An unexpected blow to the ECB

Since the beginning of the year, the corona crisis has come to monopolize the news coverage to the extent that a lot of very important stories and developments either went underreported or were ignored altogether. One such example was the very surprising ruling out of the German Constitutional Court in early May, that challenged the …

Is gold still a safe haven?

There have been moments in recent months when many gold owners, myself included, have asked themselves whether gold might have lost its safe haven status, at least in the western world. Was it enough for two generations, who grew up in a paper money system, to forget the history and the 5000-year-old status of gold …