Wednesday , July 17 2024
Home / Tag Archives: Finance (page 30)

Tag Archives: Finance

“We are expecting a new wave and we’re prepared for it.”

Interview with Robert Hartmann, Co-Owner ProAurum Over the last couple of months, we’ve witnessed unprecedented changes in the global economy, in the markets and in our societies. The corona crisis and the governmental measures that were introduced had a dramatic and direct effect on all of us, as investors and as citizens. That is especially true of precious metals investors. A new gold rush is now underway, with impressive price gains and...

Read More »

“We are expecting a new wave and we’re prepared for it.”

Interview with Robert Hartmann, Co-Owner ProAurum Over the last couple of months, we’ve witnessed unprecedented changes in the global economy, in the markets and in our societies. The corona crisis and the governmental measures that were introduced had a dramatic and direct effect on all of us, as investors and as citizens.  That is especially true of precious metals investors. A new gold rush is now underway, with impressive price gains and elevated demand levels that are...

Read More »

Hard talk with Václav Klaus: “The people should say NO to all of it.”

As we get deeper into this crisis and we get used to our “new normal”, it’s easy to focus on the daily corona-horror stories in the media or the latest shocking unemployment numbers, and lose track of the bigger picture and of what is really, fundamentally important. Even as the lockdown measures begin to get phased out, the scale of the economic damage is unimaginable and the idea of returning to “business as usual” is no longer tenable. The last couple of months...

Read More »

Hard talk with Václav Klaus: “The people should say NO to all of it.”

As we get deeper into this crisis and we get used to our “new normal”, it’s easy to focus on the daily corona-horror stories in the media or the latest shocking unemployment numbers, and lose track of the bigger picture and of what is really, fundamentally important. Even as the lockdown measures begin to get phased out, the scale of the economic damage is unimaginable and the idea of returning to “business as usual” is no longer tenable. The last couple of months have had a severe...

Read More »

“A crisis must never be misused to extend state power”

Interview with H.S.H. Prince Michael of Liechtenstein In these times of great uncertainty and widespread fear, it is natural for many citizens to turn to their leaders for guidance and reassurance. However, these much-needed qualities of real leadership have proven to be elusive in many countries around the world. Instead of that, in the US and even more so in the EU, we saw a lack of consistency and planning in the face of the corona epidemic, adding to the overall confusion...

Read More »

Corona crisis: the cost of the response – Part II

Responding to the response This time around, both central banks and governments have gone “all-in” in their response packages and the scale of the support and liquidity provided dwarf the measures that we saw in the 2008 crisis. Of course, the question remains whether this will all be enough to help save the economy from these massive self-inflicted wounds.  However, one thing is clear so far and that is the uniformity of the political handling of the economic crisis. All...

Read More »

Corona crisis: the cost of the response – Part I

The 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 kill switch on their own economies and simultaneously pulled the brakes on anything even remotely resembling productive activity.  Some of the consequences of these radical...

Read More »

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 as real money?  And yet, just as these doubts began to arise, reality struck back and decisively dispersed them. A few hours prior to writing this, a surprising number...

Read More »

A crisis is a terrible thing to waste – Part I

“You never want a serious crisis to go to waste. And what I mean by that, it’s an opportunity to do things you think you could not do before.” -Rahm Emanuel, Barack Obama’s Chief of Staff from 2009 to 2010. Only a couple of weeks ago, if anyone told you that your entire country would be basically shutting down, that events and public gatherings would be outlawed, that you’d be looking at empty shelves in your local supermarket and that the global stock market would...

Read More »