These are the last days of 2014 and it is interesting to line up a couple of important things that happened over the year. More than a few remarkable twists and turns have happened, and it makes us more excited about 2015.
Think about the surge of the Chinese stock market out of the blue, for example. The Chinese economy is not doing well at all and by introducing lower interest rates, the government wants to get the economy back on its feet.
The drop in the oil price was also rather unexpected. Despite Russian threats, the price of oil completely crashed in recent months and the laws of supply and demand were definitely involved. There is much more supply than demand now, that much is certain.
Enough Special Events This Year
2014 is also the year in which the quantitative easing program of the federal reserve came to an end. During a press conference in October, Janet Yellen announced that the last couple of billion dollars were being injected into the financial system.
The cuts in the interest rates of the ECB also deserve a spot in this line-up. Next to that there will be a lot of market watchers keeping a close eye on Japan next year, as the country's economy dipped back into a recession once again.
A lot of these events mark the importance of preservation of wealth. In every market a sudden twist of events could wipe away all the gains you had racked up so far and that is why physical gold and gold mining stocks are a great focus of ours.
