In today's world where common sense is under attack, it is refreshing to read a book that is not only well reasoned, but provides a practical, time-honoured solution to many of the problems that plague modern society. There exists a natural order based on the interdependent components of time...
Read MoreGold and silver were in bullish mode this week, with gold rising strongly and silver consolidating earlier gains. This morning in European trade, gold was at $1905, up $40 from last Friday’s close. On the same time frame silver was unchanged to trade at $23.78. Comex volumes were healthy in...
Read MoreThe evidence strongly suggests that a combined interest rate, economic and currency crisis for the US and its western alliance will continue in 2023.This article focuses on credit, its constraints, and why quantitative easing has already crowded out private sector activity. Adjusting M2...
Read MoreAfter a strong start to the New Year, gold and silver succumbed to profit-taking as the dollar recovered slightly. In European trade this morning, gold was trading at $1837, up $14 on last Friday after hitting a high of $1864 on Wednesday. Silver was at $23.43, down 52 cents on the week,...
Read MoreSavings are a vital component of any successful economy, and the foolishness behind the paradox of thrift is exposed in this article. It has been a huge error for Keynesian policy makers to discourage savings in the interests of temporary boosts to consumerism.It is probably too late now...
Read MoreIn very quiet post-Christmas trading, gold was $1815 in European morning trading, up $22 from last Friday’s close. Over the same timeframe, silver was up 11 cents at $23.82. By the last trading day of 2022, the dollar price of silver had risen 2.6%, while gold had fallen 0.8%. They...
Read MoreThis article is in two parts. In Part 1 it looks at how prospects for gold should be viewed from a monetary and economic perspective, pointing out that it is gold whose purchasing power is stable, and that of fiat currencies which is not. Consequently, analysts who see gold as an...
Read MoreAs foreshadowed in last week’s market update, year-end factors now dominate precious metals trading. In quiet holiday conditions, gold was barely changed in European trading this morning at $1797, up $4 from last Friday’s close. Silver was $23.75, up 53 cents. Comex Open Interest in gold...
Read MoreIn the distant future, we might look back on 2022 and 2023 as pivotal years. So far, we have seen the conflict between America and the two Asian hegemons emerge into the open, leading to a self-inflicted energy crisis on the western alliance. The forty-year trend of declining interest rates...
Read MoreGold and silver spiked higher this week before selling off after the Fed increased its funds rate by 0.5%, followed by the Bank of England and the ECB. From last Friday’s close, in early morning European trade gold was down $22 at $1775, having peaked at $1824 on Wednesday. Silver was trading...
Read More