All releases

Voima Weekly

Marko Viinikka

When almost a quarter of salary flows into the pension system for decades, you might reasonably assume that somewhere there is a substantial personal investment account accumulating in your name.

Voima Weekly

Marko Viinikka

Finland ranks last in a comparison of young households’ median net wealth. Why do ordinary young people in Finland accumulate so little capital of their own?

Voima Weekly

Marko Viinikka

A 0% gold allocation and a 10% gold allocation are both active allocation decisions. Only one is usually required to justify itself.

Voima Weekly

Marko Viinikka

Finland's 2025 gold flows, mining, refining, household gold sales, exports to Switzerland and the question of whether gold is seen as jewellery or monetary wealth.

Voima Weekly

Marko Viinikka

Gold’s long-term rise against fiat currencies, volatility, risk and the question of what happens to the unit of measurement.

Voima Weekly

Marko Viinikka

Why correct long-term risk analysis can turn into passivity if it becomes a reason to stop building, investing and participating.

Voima Weekly

Marko Viinikka

The end of dollar-gold convertibility, fiat money, purchasing power, family life and the long consequences of 1971.

Voima Weekly

Marko Viinikka

Productivity, money supply growth, purchasing power redistribution and the moral question of changing the unit of measure.

Voima Weekly

Marko Viinikka

Finland’s resources, ownership, taxation, bureaucracy and capital formation as foundations of national wealth.

Voima Weekly

Marko Viinikka

Wealth management, real assets, gold, custody and the structures needed to preserve wealth.

Voima Weekly

Marko Viinikka

A reflection on purchasing power, speech, markets and the structures that shape value beneath the surface.

Voima Weekly

Marko Viinikka

Swap lines, dollar liquidity, gold, energy shocks and purchasing power in the modern financial system.

Voima Weekly

Marko Viinikka

The currency crisis of the 1990s shows how balance sheets, purchasing power and liquidity determine who survives change.

Voima Weekly

Marko Viinikka

Money supply growth quietly erodes purchasing power. That is why wealth should not be built entirely on currency.

Voima Weekly

Marko Viinikka

When people move, capital follows. Work, wealth and expertise increasingly flow toward places where they are treated best.

Voima Weekly

Marko Viinikka

Reflections from the United States on faith, family, work and why sales is the lifeblood of every economy.

Voima Weekly

Marko Viinikka

Gold and silver had one of their weakest weeks in decades, but the structural drivers behind gold have not disappeared.

Voima Weekly

Marko Viinikka

In a fiat monetary system, gold has no natural price ceiling because currencies can be created while gold remains physically scarce.

Voima Weekly

Marko Viinikka

Gold is one of the world’s most diversified assets: global, liquid, and independent of any single state, currency, or institution.

Voima Weekly

Marko Viinikka

Gold’s movement is driven by debt, monetary structures and purchasing power – not isolated crises or headlines.

Voima Weekly

Marko Viinikka

Unlimited money supply, purchasing power, a metallic anchor, and balance sheet sustainability.

Voima Weekly

Marko Viinikka

Macro environment, gold’s role as a portfolio foundation, and institutional allocation.

Voima Weekly

Marko Viinikka

System erosion, production, debt, income transfers, and the EU structure.

Voima Weekly

Marko Viinikka

ETF vs physical: ownership structure, political risk, and market volatility.

Voima Weekly

Marko Viinikka

USA vs Europe: governance structure, debt, taxation, and the direction of the monetary system.

Voima Weekly

Marko Viinikka

This year’s Weeklies converge on one idea: purchasing power is protected not by promises, but by structure, responsibility, and deliberate choices.

Voima Weekly

Marko Viinikka

Gold has outperformed the S&P 500 over the long term — not because companies failed, but because the monetary system did.

Voima Weekly

Marko Viinikka

The true direction of companies and societies is set by culture — by what is cultivated, rewarded, and repeated in everyday work.

Voima Weekly

Marko Viinikka

Cash, bank accounts, gold and Bitcoin offer radically different levels of privacy — and reveal how much modern systems actually record about us.

Voima Weekly

Marko Viinikka

The true price of physical gold is shaped by infrastructure, liquidity, and reliability — not spot alone.

Voima Weekly

Marko Viinikka

Historical cases differ radically from today’s Europe — in practice, gold confiscation is an extremely unlikely scenario.

Voima Weekly

Marko Viinikka

Gold’s rise is increasingly driven not by speculation, but by structural demand for trust within the financial system.

Voima Weekly

Marko Viinikka

At the LBMA conference, banks signaled a return to gold as inflation, debt, and geopolitical uncertainty reshape demand.

Voima Weekly

Marko Viinikka

Modern Portfolio Theory was built for stable money — in a fiat world, gold is not the alternative but the benchmark.

Voima Weekly

Marko Viinikka

A debt system that rewards delay over discipline strengthens gold’s role as a structural safe haven.

Voima Weekly

Marko Viinikka

Silver has preserved value better than nominal money, but its long-term returns and role as money remain clearly weaker than gold.

Voima Weekly

Marko Viinikka

Gold’s value is not driven by models, but by trust, central bank behavior, and the structural flaws of the fiat system.

Voima Weekly

Marko Viinikka

The rush into private equity repeats old fund mistakes, while gold offers better liquidity and returns.

Bulletin

Halim Engin Özaydın

Weekly commentary on gold, silver, platinum, and palladium covering headlines, macro drivers, ETF flows, technicals, and outlook.

Voima Weekly

Marko Viinikka

Euro area CFO metaphor, budget deficits, Finland’s gold sale, and outlook on purchasing power.

Bulletin

Halim Engin Özaydın

Weekly commentary on gold, silver, platinum, and palladium covering headlines, macroeconomic influences, ETF flows, technicals, and outlook.

Voima Weekly

Marko Viinikka

Comparison of Toyota Land Cruiser prices, wages, taxation, and purchasing power in fiat vs. gold, over time.

Bulletin

Halim Engin Özaydın

Weekly market commentary on gold, silver, platinum, and palladium covering headlines, macro drivers, ETF flows, technicals, and outlook.

Voima Weekly

Marko Viinikka

The Weekly examines the historic low in the velocity of money, central bank policies, and their inflationary effects.

Bulletin

Halim Engin Özaydın

Weekly commentary on gold, silver, platinum and palladium, covering macroeconomic influences, technicals, ETF flows and outlook.

Voima Weekly

Marko Viinikka

Reflections on Venezuela’s currency collapse, Finland’s high tax wedge, and the importance of strengthening purchasing power.

Bulletin

Halim Engin Özaydın

Weekly market commentary on gold, silver, platinum and palladium with macro, technical and ETF insights.

Voima Weekly

Marko Viinikka

The weekly letter reflects on the Swiss franc, the founding of Voima Gold, and why gold remains a strong store of value compared to fiat currencies.

Bulletin

Halim Engin Özaydın

Weekly overview of gold, silver, platinum, and palladium markets, macroeconomic drivers, technicals, and flows.

Voima Weekly

Marko Viinikka

The weekly letter discusses liquidity, global gold trading volumes, and why gold remains a unique store of value and liquid asset.

Voima Weekly

Marko Viinikka

The weekly letter examines Finland’s housing allowance, its effects on the rental market and investors’ returns, and possible economic reforms.

Voima Weekly

Marko Viinikka

Voima Weekly discusses Finland's taxation, purchasing power, and gold's position relative to the euro and other investment options.

Voima Weekly

Marko Viinikka

The letter reflects on a 20 mark gold coin from 1879, gold’s enduring purchasing power, and the decline of fiat money.

Voima Weekly

Marko Viinikka

The weekly newsletter explores the long-term relationship between gold and fiat currencies, as well as the development of purchasing power.

Market commentary

Sam Laakso

In the October newsletter, we take a look at economic indicators, real estate funds' troubles and the current setup in gold.

Press release

Voima

Three product updates have been introduced to Voima Account during Q2 and Q3.

Market commentary

Sam Laakso

The September newsletter touches on inflation and focuses on the spread between Shanghai and Western gold markets and the difference in gold investment mentality in the East and West.

Market commentary

Sam Laakso

In the August newsletter, we will take a look at the commodity price development, inflation and the market and economic situations of the US and the euro zone.

Market commentary

Sam Laakso

In this month's Voima Markets newsletter, we will delve into such topics as the key highlights from the recent BRICS meeting, and a brief outlook for the second half of the year.

Market commentary

Sam Laakso

The May newsletter contains the top recent news in the markets, main currency market figures and the trader's comment.

Press release

Voima

Introducing a new Board Member: Norman Day.

Market commentary

Sam Laakso

The April newsletter explores what is happening in the macro environment in the aftermath of the recent banking crisis.

Article

Voima

This article explains the reasons and consequences of bank runs in general.

Press release

Voima

Bureau Veritas will conduct quarterly gold audits on Voima's Customers gold holdings.

Market commentary

Sam Laakso

The March newsletter sheds light on gold's recent correction and volatility, and puts them into perspective.

Market commentary

Sam Laakso

The February newsletter takes a look at the big picture for gold, market sentiments and stock call options.

Article

Lasse Lindholm

This article explains the nature of war on a general level and how it impacts asset classes.

Market commentary

Sam Laakso

The January newsletter contains the top recent news in the markets, main currency market figures and the trader's comment.

Article

Lasse Lindholm

In this article, we take a look at the Great Inflation and stagflation in 1965–1982 and how different asset classes fared through the crisis.

Market commentary

Sam Laakso

December's market commentary takes a look at how inflation crises can turn into currency crises, why central banks are buying gold and what it means, as well as what is gold's outlook in 2023.

Market commentary

Sam Laakso

A topical newsletter that discusses the US dollar, the 10Y2Y spread and Ghana's plans to buy oil with gold.

Article

Lasse Lindholm

The article explains what happened with gold and other assets during the Great Depression.

Market commentary

Sam Laakso

A topical newsletter that discusses why the Japanese Yen has been the weakest major currency as well as central bankers, stock markets and gold.

Article

Lasse Lindholm

The article explains what happened with gold and other assets during the German hyperinflation in 1921–1923.

Market commentary

Sam Laakso

A topical newsletter that discusses, among other things, how the strengthened dollar has affected other currencies and asset classes and how gold's price will likely develop during the next 18 months.

Article

Voima

This article discusses the different reasons why people want to own gold and why there is demand for it.

Article

Lasse Lindholm

Voima's new Community Manager, Lasse, tells about his background and his role.

Article

Voima

The discussion about inflation is skewed. In this article, we will focus on the true and fundamental reasons why prices are increased.

Press release

Voima

The new Board of Directors comprises Saku Pitkänen, Kai Järvikare and Marko Viinikka.

Article

Sam Laakso

This article breaks down the facts and fiction regarding the state of the Russian gold market and the actions taken by the central bank of Russia after the invasion of Ukraine.

Press release

Voima

Voima, in cooperation with Namu Jewellery, contributes gemstones for the training of the precious metals industry.

Article

Voima

The money on your bank account is not yours. This article explains the nature of bank deposits.

Article

Marko Viinikka

Voima's founder relates how the financial crisis, central banks' easing and the history of money led to the founding of Voima.

Article

Voima

In this article, we discuss what money is, what is wrong with it nowadays and what we can do about it.

Press release

Voima

Voima has chosen Signicat's services for internal KYC and e-signature processes.

Press release

Voima

Voima is proud to announce a new partnership with ALS Inspection UK Ltd.

Press release

Voima

Voima has been listed as the biggest fintech startup in Finland by revenue for the second year in a row.

Press release

Voima

Voima announces a new Board of Directors, whose members are Sami Alatalo, Tapani Järvinen, Risto Päivänsalo and Marko Viinikka.

Highlight

Jan Nieuwenhuijs

Jan interviews Ben and Collin, the administrators of the "WTF Happened in 1971?" site.

Highlight

Jan Nieuwenhuijs

Jan sheds light on some of the reasons why gold is a relevant asset class in the 21st century.

Highlight

Jan Nieuwenhuijs

Jan dives into how Covid-19 affected the gold market in terms of arbitrage and physical supply and demand.

Highlight

Jan Nieuwenhuijs

A closer look at the development of the euro shows that it is not a good store of value.

Highlight

Sam Laakso

In March 2020, the international gold supply chain was in distress. In this article, Sam explains how the supply chain of gold works and how issues in a single link can affect the whole chain.

Highlight

Jan Nieuwenhuijs

Jan breaks down the anatomy of SDRs and explains, why he thinks it is not capable of being the world reserve currency.

Highlight

Jan Nieuwenhuijs

Jan breaks down the characteristics of the large scale trends that manifest when gold moves between the West and the East.

Highlight

Jan Nieuwenhuijs

Investigative journalism uncovers a chink in the armour of the US gold reserve audits.

Highlight

Jan Nieuwenhuijs

Above-ground silver stocks are higher than what is widely assumed.

Highlight

Jan Nieuwenhuijs

What do central banks really think about gold? Let's find out.