What if the US revalues its gold?

There’s been much speculation of late that President Trump might issue an executive order to revalue the US Treasury’s gold stock to market. But why? And what effect might that have on gold prices and financial markets?

Germany moves right. Sort of.

Germany will shift to the right following this weekend’s elections. By how much depends on what coalition the leading CDU is willing or able to form. Any new coalition may be as unstable as the last.

More admirals than ships?

Following decades of downsizing, the Royal Navy now has more admirals than ships. This is just one example of Europe’s broader shortfall in military capability. But that may now be changing. Investors should take note.