Home Les bulletins GEAB GEAB 114 Investments, trends and recommendations (Apr 2017)

GEAB 114

The monthly bulletin of LEAP (European Laboratory of Political Anticipation) - 15 Apr 2017

Investments, trends and recommendations (Apr 2017)

Euro-diversification

As part of our forecasts mentioned above on the probable reform of the common currency, we recommend people to “diversify their euros” simply by placing part of any liquid savings in euros in banks from various countries of the monetary zone. With online banks, all this is transparent, extremely quick and free of charges (for now), with no forex fees and so on. That is to say that this solution does not imply more complications than if you had your money only in one bank, but it will avoid you being caught off guard, like many Greeks have been, in case overnight “the euro of your country” is worth half of its value, or if capital check temporarily prevents you from transferring your savings elsewhere.

However, this recommendation is not urgently needed: if such a euro reform were to come into being, it would not be before two or three years, which gives you ample time to carefully choose foreign institutions to place your money in.

Comments

To leave a comment sign up now
In summary

This expression "chaotic recomposition" seems best to summarise the phase where we currently are with regards to the development of the crisis, a step indicated here as extending over four [...]

The financial crisis followed by the debt crisis has led to a substantial change in the mandate of the European Central Bank (ECB) and to more political provisions. The ECB [...]

In the GEAB no 109 of November 2016 we wondered if "the euro would survive beyond the year 2017". Five months later, we wish to deepen and complete our analysis. [...]

Related articles
Geta Moldovan
15 Jan 2019

Investments, trends and recommendations: Seven ways to secure your wealth in gold

#Cryptocurrencies #finance #gold #investments

Bullion and Jewellery For centuries, gold coins and jewellery have been used as small-scale private investments and, for many people today, they remain a good place to start. It must [...]

Geta Moldovan
15 Jan 2019

Gold – A ‘Barbarous Relic’ or a proven store of value?

#currencies #finance #gold #investments

What international role does gold play today and do recent market trends and new avenues for investment reaffirm the case for including gold in a balanced portfolio? With the holiday [...]

Geta Moldovan
04 Jan 2019

Investments, trends and recommendations (Oct 2016)

#finance #gold #investments #oil

It is time to get rid of Western Sovereign Bonds  Following the previous article on the topic of US Treasuries, it seems clear to our team that it is best [...]