by Gerhard Massenbauer | Jan 19, 2026 | Analysis, General, Markets, Multi-currency
Donald Trump has now completely undermined the Nobel Peace Prize, making it clear that the US no longer cares about the order it has spent the last 70 years building up. The pursuit of power and the securing of spheres of influence and raw materials are giving way to...
by Gerhard Massenbauer | Dec 18, 2025 | Analysis, Markets, Multi-currency
Although There Are Many Inconsistencies, There Is no Immediate Cause For Concern Throughout my career, I have consistently adopted critical stances and viewpoints. As a child of the 1980s, I witnessed an incredible upswing in the ’80s and ’90s, which...
by Gerhard Massenbauer | Nov 17, 2025 | Analysis, Markets, Multi-currency
However, the Imbalances are Growing Immeasurably When I read newspaper reports, I am amazed at how some crude ideas take root. For example, we constantly read that the price of gold, which has doubled in the last two years, is clearly a bubble. Gold has increased in...
by Gerhard Massenbauer | Nov 6, 2025 | Analysis, Markets, Multi-currency
Over the past few months, I have repeatedly emphasised that the rise in the USD over the last 15 years was caused by unsecured stock investments. Contrary to the frequent suggestion that foreigners have been withdrawing money from the US in recent months — a claim...
by Gerhard Massenbauer | Oct 17, 2025 | Analysis, Markets, Multi-currency
100% Tariffs Against China are on the Table On Friday evening, I returned to Vienna from the Alpbach Financial Symposium. En route, I saw a news report stating that Trump intended to impose 100% tariffs on Chinese exports and cancel the planned meeting with Xi Jinping...