Monetary failure is becoming inevitable
This article posits that there is an unpleasant conjunction of events beginning to undermine government finances in advanced nations. They c...
Goldmoney Insights
Measuring Recession
Using nominal GDP, or GDP deflated by the CPI, as the principal guide to the state of the economy is a common mistake which will eventually...
Negative interest rates and gold
The reason for persistent strength in the price of gold can be found in the changing relationship between time preference for monetary gold,...
Our costly dalliance with Lord Keynes
In “The General Theory of Employment, Interest and Money”, Keynes virtually created macroeconomics. But Keynes was a mathematician, not...
Silver prices with explosive upside
Silver prices have lagged gold prices since 2017 which has pushed the gold-to-silver ratio close to the all-time high. Silver prices are als...
Casting off the EU millstone
In this article, we look at the implications of the new Johnson government: its strategy, the likely outcome of EU negotiations, and the gol...
Refuting Ted Butler’s criticism
Following last Thursday’s article on silver (A whale is accumulating silver futures), Ted Butler, an analyst who specifically follows silv...
A whale is accumulating silver futures
Silver’s recent price performance has been disappointing. Normally, it is almost twice as volatile as gold, so when the gold price rises 1...
Broken markets and fragile currencies
There are growing signs that the global economic slowdown is for real. As was the case in 1929, the combination of the peak of the credit cy...
The Financial War Escalates
Behind the scenes, the financial war between America and China is escalating dangerously into a war to secure global financial resources. At...