Thanks to extremely stimulative fiscal and monetary policies economic data are improving and stock markets are booming. Further economic recovery and a continuation of the equity bull market will need further measures of stimulus.

Gold is now slightly overvalued and already discounts further monetary expansion. Indeed, excessive debt and related insolvency risks mean that a further increase in the money supply is likely. The gold price should continue to rise in the medium- term and gold mining stocks remain attractive.

The economic recovery is running out of steam due to reintroduced lockdowns. A wave of bankruptcies is yet to come, meanwhile monetary policy is driving equity markets to unprecedented heights. Read more in the Aquila Flash Update July 2020.

Gold and stock markets are driven by the money glut. If the virus continues to spread, the central banks will probably stick to their expansive monetary policies. Gold stocks in particular should benefit from this. Read more in the Aquila Flash July 2020.

High excess liquidity due to central bank balance sheet expansions and increased savings rates catapults stock markets worldwide upwards. Nevertheless, the risks in the 2nd half should not be underestimated! Current assessments can be found in the new Aquila Flash.

The risks of over-indebtedness are increasing. Meanwhile, gold offers itself as an attractive alternative currency. The new Aquila Flash discusses the possible impact of the Covid19 shock, why the debt monster continues to be fed and what the situation is regarding gold (equities).

Central bank interventions and fiscal rescue packages are overcompensating for disastrous economic indicators, at least for the time being. To what extent this will succeed and for how long remains unclear. Read more in the latest Aquila Flash.

Possible light visible at the end of the Coronavirus tunnel? Measures could be relaxed at the end of May, end of June at the latest? The wave of bankruptcies must be prevented by then. Read more in the latest Aquila Flash from April.

Update on the coronavirus and the situation in the financial markets. Normalization is already taking place in China, while central banks are reacting in many other regions. Stock markets continue to be extremely volatile. Read more in the latest Aquila Flash.