Journal
October 2022
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Realism and Reason
Good Morning Ladies and Gentlemen «No one left to their own devices can be rational enough to come to consistently reasonable conclusions.» (Steven Pinker) Interest rates Yesterday, the European Central Bank lifted its base rate by 0.75%. This move was widely expected. Next Wednesday, November 2, 2022, the next Fed meeting will occur. Again, a […]
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Greed & Fear – Casual Conversation with John
Good Morning Ladies and Gentlemen I sometimes get the impression that I am always reading/watching the same narratives. Now, I understand journalism is, by definition, cherry-picking. It reports on rare events, such as wars, epidemics or catastrophes, not on everyday life, i.e. peace, health and security. This tendency towards negativity is exacerbated because journalists fight […]
September 2022
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Fireside Talk
Good Morning Ladies and Gentlemen Today I have a special goody for you. I am happy to send you a link to a video recording of a fireside talk between my partner Ronni Stöferle and John Hathaway. Both are well-known and respected experts in the gold space. Please enjoy: https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2022/09/14/keynote-presentation-gerald-ford-hall/play/stream/34758 I wish you an excellent […]
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Those presumed dead live longer
Good Morning Ladies and Gentlemen Many thanks for your messages and compliments on my last post. Many of you, like myself, seem to have warm memories of watching Groucho Marx and his brothers decades ago. U.S. Dollar (USD) Since the great financial crisis about fifteen years ago, I have read one book, some research and […]