Year in review

2015 proved a tough year for investors worldwide. All asset classes suffered declines with almost no place to hide. Bonds were affected by the expectation for the hike in US interest rates which the Fed finally announced on December 16. Equity in most developed markets were weak on the backdrop of both demanding valuations and […]

Gold, dear Gold

Ray Dalio’s optimistic call has recently drawn the attention to gold in view of the strong record of this investor and of his hedge fund Bridgewater Capital. Since the dawn of humanity gold has fascinated man with a universal appeal. It has been the symbol for wealth and prestige. Gold’s attraction has been driven by its […]