Jim Rickards: Vonovia’s Heating Crackdown

By Jim Rickards, Tuesday, 26 July 2022

In this interview, Jim Rickards responds to large German Landlord Vonovia reducing heating for its tenants at night to conserve gas usage. Rickards explains this extreme action is symptomatic of what's going on in Germany as a whole, in relation to Russian gas prices.

In this interview, Jim Rickards responds to large German Landlord Vonovia reducing heating for its tenants at night to conserve gas usage. Rickards explains this extreme action is symptomatic of what’s going on in Germany as a whole, in relation to Russian gas prices.

All advice is general advice and has not taken into account your personal circumstances.

Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

Jim Rickards

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

Jim Rickards: Vonovia’s Heating Crackdown

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