Latest Goldmoney Research

Mar 29, 2024·Alasdair Macleod

Gold soars to record highs

In this Easter holiday shortened week, gold soared to new highs, while silver has yet to catch up. At close of play last night in New York, gold was $2233, up $70 and silver traded at $24.94, up a net $28 cents. Volumes on Comex were healthy, rather than spectacular:Interestingly, gold’s...

Read More
Mar 28, 2024·Alasdair Macleod

Preventing a nuclear war

Anti-Russia and anti-China rhetoric is driving the western alliance towards all-out war against them. Increasingly, the only way an ultimate nuclear conflict can be avoided is either for the dollar-based fiat currency regime to destroy itself, or to be given a helping hand by its enemies....

Read More
Mar 26, 2024·Goldmoney Staff

China will not come to the rescue

For most of the 21st century, when the rest of the world economy struggled, China has been the “growth engine of last resort”. The Chinese state successfully put the foot on the gas and stimulated domestic demand when its export industry suffered from weak demand from abroad. This, in...

Read More
Mar 22, 2024·Alasdair Macleod

Profit taking bites

Gold and silver both had spectacular weeks, with gold peaking at a record $2222 overnight on Thursday and silver at $25.75, before profit-taking set in. In European trade this morning, gold was trading at $2166, up $4 on balance from last Friday, and silver at $24.58  was off 60 cents....

Read More
Mar 21, 2024·Alasdair Macleod

BRICS, Politics, and Gold — It’s all become a muddle

Russia tried to get a gold-backed trade settlement currency onto the BRICS agenda last August but failed. There has obviously been a rethink, judging by the few public briefings from senior Russians. In those briefings, gold has been dropped, and it appears that the Russians are now struggling...

Read More
Mar 15, 2024·Alasdair Macleod

Silver stars

After a powerful up-move last week, this week gold had a minor correction. Silver’s upward momentum continued through to Wednesday before it ticked off the top. In European trade this morning gold traded at $2168, down $11, and silver at $25.05, up 65 cents.The feature of these markets is...

Read More
Mar 14, 2024·Alasdair Macleod

The looming global property crisis

As collateral securing credit, tangible property values are the underpinning of credit upon which a modern economy depends. If there are serious credit problems in the private sector, they usually radiate from property. Property secures credit for not just property itself, but directly...

Read More
Mar 13, 2024·Goldmoney Staff

Precious metal ratios and recessions

The ratios of gold to other precious metals such as silver platinum and palladium have been increasing over the past year. In the case of platinum, the ratio is near all-time highs. We find that historically gold has strongly outperformed other precious metals during every US recession...

Read More
Mar 8, 2024·Alasdair Macleod

Gold — Catch it if you can

Gold and silver surged this week on a sudden increase in demand. In European trade this morning, gold was $2167, a new record and up $85 from last Friday’s close, while silver at $24.49 was up $1.18. Comex volumes in both contracts were heavy, but the startling increase was in gold’s Open...

Read More
Mar 7, 2024·Alasdair Macleod

Can bitcoin act as money?

Since 24 January, bitcoin has risen 65% and gold rose about 7% priced in US dollars. Before gold began its current successful but relatively modest leap into new high ground, there is little doubt that hedge funds and others sold down their Comex gold contracts and bought some bitcoin ETFs...

Read More