Pfäffikon SZ, Switzerland – As we slowly roll into 2014 the huge losses of central bank gold are slowly becoming visible. Normally this is a signal that the crisis is reversing. De Nederlandsche Bank lost more than six billion euros on the yellow metal. But the Swiss lost as well – losing more than twelve […]
Current Market Outlook: Pfäffikon SZ – This week, the markets rebounded because of the declining budget deficit in the U.S.. In itself remarkable, because it was already announced. Moreover, this deficit will decline even further. The minutes of the Fed gave insight into the decision to eventually start with tapering. It is clear that the […]
NAV December 2013: – 1,62% NAV sinds oprichting: + 6,76% Waarde participatie: 106,76% Markten: Pfäffikon SZ – De start van december werd gekenmerkt door de angst voor tapering. De markten daalden met lage volumes steeds verder. Toen de FED voor duidelijkheid zorgde door toch te starten met taperen, sloeg de angst om in vertrouwen in […]
NAV December 2013: – 1.62% NAV since inception: + 6.76% Value participation: 106.76% Markets: Pfäffikon SZ – The start of December was marked by the fear of tapering. The markets fell further and further with low market volumes. But after the Fed gave investors more clearness to eventually start with tapering, the fear changed to […]