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Has the time come to buy physical gold?
On December 2023 1st, the price of physical gold set a new record by increasing to $2,150 an ounce (35grams). Over the past two years, gold has repeatedly broken its past records, meanwhile the US Federal Reserve’s federal funds effective rate was raised from nearly 0% to 5.33% between November 2021 and November 2023. Despite…
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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…
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One lecture – Principles for dealing with the Changing World Order: Why Nations rise and fall, by Ray DALIO (3/4)
Picture above: portrait of a Dutch Merchant Guild. The golden age of famous Dutch Painting (Rubbens, Vermeer) occurs during the peak of the Dutch Empire. A quick summary To sum up quickly the last articles, the Big Cycle is the pattern built by Ray Dalio to break down every nation or empire’s evolution from rise…