Journal
October 2024
September 2024
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Hello, again! – The iPhone/Gold Ratio 2024
Hello, again! – The iPhone/Gold Ratio 2024 “For the third consecutive year, Apple has not only kept iPhone prices steady but decreased them!” – This is what the headlines would read if you paid for your iPhone with gold. The iPhone 16 Pro with 1 TB of memory costs just 0.60 ounces of gold, which […]
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Are Interest Rate Cuts still good for Financial Markets?
Good Morning Ladies and Gentlemen ”I fear that there is no voluntary return in the history of mankind.” “The Count” in Robert Musil’s The Man Without Qualities (first edition) U.S. Federal Reserve The U.S. Federal Reserve Bank has responded to the recent slowdown in inflation by implementing its first key interest rate cut in […]
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China, Iran and Ronni’s Trip to the U.S.
Good Morning Ladies and Gentlemen ”Honi soit qui mal y pense” The motto of the English Order of the Garter Chinese Central Bank On Tuesday, the Chinese financial supervisory authority provided a considerable tailwind with the announcement of several measures. For example, the minimum reserve requirements for banks are to be lowered by 50 […]
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Notes from the Road
After nearly two weeks in the U.S., attending and speaking at two of the most important events in the mining sector – the Precious Metals Summit (Beaver Creek) and the Gold Forum Americas at the Denver Gold Show (Colorado Springs) – we are back with renewed focus and insights that we are eager to share […]