What impact will the US presidential elections have on the price of gold?
Well, to put it briefly, perhaps none. Whether it is Trump or Biden, the President will in any case have to deal with the economic impact of the Covid crisis. And there is only one solution: measures such as tax benefits for and / or support for companies. So whoever wins the election battle in the end, the result will most likely be the same. Usually, support...Read more
Taxation on very large transactions?
The formation of our federal government is just behind us. What will change in the near future? In De Tijd and L'Echo, we've read that there will possibly be a new tax, on trasactions of one million euros or more. The concept hasn't yet fully been developed, but it's supposed to be boil down to a charge at source, which would mean at the moment the transaction itself...Read more
In a few previous blog messages, we've already talked about fairs such as Baselworld. This important fair for all things concerning watches won't continue in the same way. Instead, the organisers are creating a digital platform for watches, jewelry and precious stones: Houruniverse. Call it a new online meeting point for businesses and customers. In April, a new...Read more
Warren Buffett's gold
The past days, we've been reading that warren Buffett, one of the world's best-known investors, has once again rearranged his portfolio considerably, in favour of gold. All Goldman Sachs shares have been sold, as well as part of a few others. Although Warren Buffett considered gold to be a less intersting investment a few years ago, it seems that today he goes all the...Read more
Temporary blow for gold and silver
The gold and silver prices have been rising since the start of the corona crisis. Last week, gold broke all previous records and, for the first time in history, surpassed $ 2000 per ounce (31.1 grams). Tuesday, the gold price fell by 5.7 %. Such a sudden setback hasn't been seen for the last seven years. Silver also received a serious blow, descending by almost 10 %...Read more