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An Attempt to Value Gold (and A Price Forecast for 2018)
This week a preliminary attempt to value gold with a different method. I have shown earlier how we can value the stock market: we can compare the replacement value of the underlying company assets …
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Presentation on Monetary Theory & MMFs (Spanish)
Some Remarks on the Extremely Overvalued US Stock Market
I have written on multiple occasions about the US stock market overvaluation. Stock prices are high, too high, according to my analysis. The fact that the US stock market is overvalued is not a thing …
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Trump’s Tax Reform Dissected
Two weeks ago, the Trump administration presented a detailed version of one of Trump's most important election promises: a tax reform. Not only does the Trump administration propose to lower corporate …
This Is How the Fed Will Reduce Its Balance Sheet
The Federal Reserve ended its QE3 large-scale asset purchase program already in 2014, which consisted of monthly purchases of billions of US Treasuries and mortgage-backed securities (MBS). But the …
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