Why economists cannot forecast recessions
The purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. N...
Goldmoney Insights
The logic of a modern gold standard
In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooper...
The Golden Revolution, Revisited: Chapter 5
This Insight is the sixth in the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 20...
Understanding money and prices
This article explains the money side of prices, and why government currencies, unbacked by gold, are doomed to collapse. And why gold, which...
The Golden Revolution, Revisited: Chapter 4
This Insight is the sixth in the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley and Sons, 20...
Palladium to underperform the PM complex
In recent weeks palladium prices have soared to levels only rarely seen. This is all the more impressive in that precious metals prices more...
How gold can rescue pensions
The World Economic Forum, in conjunction with Mercers (the actuaries) recently estimated that the combined pension deficit currently stands...
OPEC at the Crossroads
OPEC is currently in a difficult situation. How should it react to the oil glut that followed the emergence of shale oil technology? In our...
The Golden Revolution, Revisited: Chapter I
Chapter I This Insight is the third in the serial publication of the new, Revisited edition of my book, The Golden Revolution (John Wiley a...
Debts, Bastiat and modern economics
There is a well-worn conundrum told about a stranger, who walks into the hotel in a remote, sleepy village in Mexico, and reserves a room fo...