Stock Market Wealth

In October 1989, the communist regime in East Germany replaced its leadership after demonstrations and riots weren’t handled and squashed by Erich Honecker, the long-time leader of East Germany, which caused the system to appear weak and out of control.

I’ve been here before, only I didn’t know it. When I born in the summer of 1984, the world had already escaped nuclear holocaust on a number of occasions, but the biggest close calls happened in the early 1980s, with one of them so close to a Soviet-American thermonuclear war that the Soviet officer who de-escalated the event is dubbed “the man that saved the world” – Stanislav Petrov.

Daniel Gold was born and raised in Tel Aviv. His parents were Holocaust survivors who immigrated to Israel from Hungary.

I get this question constantly: What happened? Why now? Why is gold suddenly invincible?

My father who passed away in April 2023 suffered from one great disease for the majority of his life: he waited to deal with things that were manageable problems when they were small until they became existential.

It’s been nearly eight and a half years since December 15th 2015, when the FED ended its ZIRP (Zero Interest Rate Policy) era and hiked interest rates by 0.25%, as the economic recovery and risks of deflation faded out.

The very fabric of the global economy is coming undone.

Who are they, I always ask myself… Who are they, really?

On Wednesday, March 20th, Chairman Jerome Powell took to stage. What he said in his statement and subsequent Q&A session has helped send gold above $2,200/ounce and exploded my portfolio and indices higher as a whole.

“Be there at 2:30 PM, Lior.” A Swiss pilot and captain at one of Europe’s low-cost airlines who also flies military-grade aerobatic planes (turboprops and jets) told me to meet him at the gate of the Lausanne Airport on the banks of Lake Geneva, and I planned to get there right on time.