My real education started were it starts probably for everyone who leaves college or university; at the job. At he job I learned that it was hard, if not impossible to act as an independent scientific researcher doing a job in a political context. In the real world, science is not the centre of the … Continue reading How government really works
In the former post we focussed on negative bond yields as a kind of hidden price driver for Gold. In this post we dig a little deeper. We focus on the fundamentals of US government debt. When these fundamentals finally get into play, it will trigger the real driver for Gold: namely dollar depreciation, aka … Continue reading Gold’s next move
While precious metals traders are focussed on Gold’s paper derivative markets as futures, ETF’s and mining stocks, the physical Gold market is doing its own thing. Since early 2016 wealthy investors have been buying physical gold at a rate that overwhelms the commercial trader shorting on the COMEX as this graph by Goldman Sachs shows. … Continue reading Gold’s stealth move
In 2011 the markets taught me an important lesson. It was the year of the Euro crisis and Gold was topping. I just had started to find my way in the financial market jungle when I decided to buy gold miner stocks, not realizing they were close to a market top. My simple thinking was … Continue reading Looking back and ahead, my view on markets
Central Banks want inflation while pumping up the stock and bond market. If you are looking for inflation, look there. My best guess is that they know damn well that inflation won’t stay there. If they did homework, they have learned from 2008. Central Banks wanted inflation and they got it, but not where they … Continue reading What is next? Thoughts on the Central Bank Chess Game
Last week I came across this comment on the December 2019 Federal Reserve meeting: “The bar for lower interest rates and monetary inflation via repo and assets purchases is exceedingly low while bar for future rate increases and monetary restraint very high”. This is an interesting statement. First, it shows that expansion is easy. It’s … Continue reading Why it’s hard to escape the vicious circle of failing organizational and monetary reforms.
“Fanaticism consists in redoubling your efforts when you have forgotten your aim” ~ George Santayana People work to together to establish goals. Collaboration requires organization, a distribution of work over people with several skills to reach efficiency and leverage. Why is organization such an important topic? Because it’s a way how people are solving problems, create … Continue reading How organizations become ineffective and bloated
“The mind, once stretched by a new idea, never returns to its original dimensions" ~ Ralph Waldo Emerson The aim of this blog is to give insights on big picture thinking and will be broad scoped. It are views that are just my take, nothing more, nothing less and certainty not a complete and whole … Continue reading Why this blog? An Introduction