As the crisis I have been predicting since April 2005 keeps gathering speed I have adapted my blog header. The old version is kept here for posterity. Old Blog Header I am an INDEPENDENT Certified Financial Analyst (OeVFA, EFFAS) who worked as a financial journalist for 15+ years and now evaluate ... Read more

Looking at a sea of red ink in today's stock index changes after the Federal Reserve's biggest interest rate cut by 75 basis points in 24 years it appears the Fed is massively behind the curve. As only the combination of a US holiday and this rate cut had helped to prevent a crash on Monday and Tues ... Read more

Excuse my very lazy blogging lately, I start catching up with this truly global economic and political analysis. But searching for a new residence in my hometown took all my energies and very often my breath when I saw what is on offer for what prices. (And I spent dark winter evenings reading about ... Read more

China takes over the gold market. Since Thursday Shanghai's new gold futures exchange adds fresh fuel for the gold bull, pushing prices to new all-time highs since trading began. The most active contract touched its daily 10% limit and forward prices indicate a strong expectation that gold will jump ... Read more

And here is another quiz that may earn you a free subscription to this blog ... Read more

Investors in the oldest currency of the world have every reason to celebrate. Gold traded up to a new record of $881 per ounce, erasing the previous alltime high at $875 almost exactly 28 years later. No matter what fiat currency is measured against it, gold has never been stronger all around the wo ... Read more

Who wants to be in the shoes of the governing council of the European Central Bank (ECB) next Thursday? ... Read more

The president's Working Group on Financial Markets has for the first time in history met with George W. Bush himself. White House spokesman Tony Fratto said at Friday's press briefing that is is the first time that Bush met with the members of the group as a unit. The group is nicknamed "The Plunge ... Read more

So you think the Federal Reserve Dollar is dead? Give it a second look! While the investing world focuses on the weakness of Federal Reserve Notes (FRN) I can take no relief from a Euro that looks good only from the front. Don't believe reports that the ECB is draining liquidity these days. A compa ... Read more