Latest Goldmoney Research

Jun 7, 2024·Alasdair Macleod

Chinese demand is driving gold and silver

Despite continuing efforts by the paper establishment in western capital markets to shake out weak gold and silver holders, they are being swamped by Chinese demand.This week has seen underlying firmness in gold and silver markets, with gold trading at $2351 in European trade this morning, up...

Read More
Jun 6, 2024·Alasdair Macleod

An interim BRICS+ trading currency arrangement

BRICS and the SCO have agreed to replace dollars with national currencies for trade settlement. This article shows how it is leading to the renminbi becoming the reserve currency for members.The backgroundThere is little doubt in both Russian and Chinese government circles that the dollar is...

Read More
May 31, 2024·Alasdair Macleod

Firm undertone despite contract expiry

Gold and silver prices reflect relentless demand from China and Asia, who are simply getting out of dollars. Normally at contract expiry, gold and silver prices get smashed as call options are driven into worthlessness and stops are triggered by the establishment’s shorts. And given...

Read More
May 30, 2024·Alasdair Macleod

Think inflation is done? Think again!

A lethal combination of budget deficits and trade sanctions are going to be reflected in increasing price inflation for the US. And where the US goes, the rest of us follow.In this article I focus on two reasons why inflation will rise leading to higher, not lower, interest rates and bond...

Read More
May 24, 2024·Alasdair Macleod

Bullion prices pause…

This pullback in prices might provide the best opportunity buy gold and silver before China’s continuing demand drives them far higher.Gold and silver corrected sharply this week, with gold down $85 from last Friday’s close at $2342 in European trade this morning. And silver was off $1.30 at...

Read More
May 23, 2024·Alasdair Macleod

Gold and silver’s inflection point

For decades goldbugs have bemoaned that paper markets control and suppress gold and silver. Many of them have yet to realise it, but London forwards and Comex futures no longer set the price. It is increasingly set by Chinese savers and their demand for physical metal.In this article, I...

Read More
May 17, 2024·Alasdair Macleod

Will silver be next?

There has been an enormous squeeze on the Comex copper contract, driving it to unheard of premiums against London and Shanghai. Similar conditions could be ahead for silver.Gold and silver continued to rally this week, challenging the highs established in mid-April. In European trading...

Read More
May 16, 2024·Alasdair Macleod

We are all zombies now

For decades, all G7 nations and more besides have prevented the creative destruction upon which economic progress depends. Whole countries are now zombified.The consequence is soaring, unproductive debt both in public and private sectors. In the past, debt levels have been low enough for...

Read More
May 10, 2024·Alasdair Macleod

Bear squeeze in silver and gold resumes

Gold and silver had a better week, with gold up $67 from last Friday’s close at $2369 in European trading this morning, and silver at $28.60 up $2.10 over the same time frame. There was a little more volume in the Comex gold contract, but silver’s was vanishingly low, as shown below.Most of...

Read More
May 9, 2024·Alasdair Macleod

The consequences of interest rate suppression

Decades of interest rate suppression have resulted in debt traps in both public and private sectors which will destroy faith in fiat currencies. This leads to higher, far higher interest rates and the escape into gold is only just starting.Throughout European history, there has been a dislike...

Read More