Category: Blog
-
A short update on Gold
In February 2024, the last time I wrote a post making a plea for increased gold prices, the yellow metal traded at around $2,000/oz. In March 17th of this year, this spot price rose above $3,000/oz, an all time high even compared to the inflation-adjusted price reached $2,646/oz. Physical Gold Demand supply-demand balance in 2024…
-
One lecture – Principles for dealing with the Changing World Order: Why Nations rise and fall, by Ray DALIO (4/4)
Picture: Pudong District, Shanghai. Shanghai reflects China’s path over the past 500 years described by Ray Dalio; once dominant power under the Ming and Qing dynasties, the country experienced sharp decline from 1850’s to 1978 before re-opening and re-becoming the world largest economy. Ray Dalio last chapters are arguably the most important of his book…
-
One lecture – Principles for dealing with the Changing World Order: Why Nations rise and fall, by Ray DALIO (2/4)
Picture: a Deutsch Mark bill at the peak of Germany’s hyperinflation crisis, in 1923 note: i recommend to read my two articles about money for fully understanding the following article “What most people and their countries want is wealth and power and money and credit are the biggest influencers on how wealth and power rise…