Journal
May 2021
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Cryptos
Dear Ladies and Gentlemen Thank you very much for your positive feedback on my last weekly mail under the title «all things must pass». Interestingly, many messages were hovering around the intrinsic value of cryptocurrencies, probably also because of the crash we had experienced in Bitcoin and Co. last week and over the weekend. John […]
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Debt Deficit Spending
Dear Ladies and Gentlemen The Swiss writer and architect Max Frisch famously claimed: a crisis is a productive state; you just have to take away the flavour of catastrophe. Global Debt Level According to AXIOS, current global debt in relation to global GDP stands at 356%. This is a fairly high number, Ladies and Gentlemen, […]
April 2021
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Waiting for a Crash
Dear Ladies and Gentlemen I received many emails from readers feeling the same as me regarding the comments I made in my prior weeklies on assets with no intrinsic value. So far, some of those assets have shown genuinely outstanding performance, and I am happy for everyone who made money with it! Well done! Where […]
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Fascinating
Dear Ladies and Gentlemen Thank you very much for all your feedback. I received many emails from people who so far have never shared their thoughts with me. I take this as a compliment to have picked a topic of interest and also as a sign that inflation is on many of my reader’s minds. […]