The dollar is central to the next crisis
Introduction and summary It is now possible to pencil in how the next credit crisis is likely to develop. At its centre is an overvalued do...
Goldmoney Insights
Gold Price Framework Vol. 2: The Energy Side of the Equation – Part III
In the third part of this report we are putting our gold price framework to use. Having identified longer-dated energy prices and real-inter...
End Of Credit Cycle Dynamics
While there is no starting-pistol that tells us the final phase of the credit cycle leading into the next credit crisis has actually begun,...
Macroeconomics Has Lost Its Way
The father of modern macroeconomics was Keynes. Before Keynes there were macro considerations, which were firmly grounded in human action, t...
Valuing Gold In A World Awash With Dollars
Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next c...
Gold Price Framework Vol. 2: The energy side of the equation - Part II
In this second part of our updated gold price framework we take a deep dive into the true energy exposure of gold mining companies. We find...
Singapore, Trade and Geopolitics
The Western media was incredulous. The Donald had disregarded diplomacy, scuttled out of the G7 meeting in Canada without endorsing the G7 a...
Living Dangerously
Regular readers of Goldmoney’s Insights should be aware by now that the cycle of business activity is fuelled by monetary policy, and that...
The Gently Rotting Debt-Ridden EU
The EU as a political construction is in a state of terminal decay. We know this for one reason and one reason alone: its core principle is...
The Relevance Of Hayek’s Triangle Today
Most of us are aware of the inflationary pressures in the major economies, that so far are proving somewhat latent in the non-financial sect...