The Eurozone’s financial disintegration
Introduction The Euro Crisis Monitor (above) shows the increasing imbalances in the TARGET2 settlement system between all its members: th...
Goldmoney Insights
The pound’s future in a dollar collapse
In recent articles for Goldmoney I have pointed out the dollar’s vulnerability to a final collapse in its purchasing power. This article f...
Prices are going to rise — and fast!
With stockmarkets barely ruffled, few are thinking beyond the very short-term and they are mostly guessing anyway. Other than possibly the v...
A collapsing dollar and China’s monetary strategy
This article describes how China can escape the fate of a dollar collapse by tying the yuan to gold. There is little doubt she has access to...
The crisis goes up a gear
Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility th...
Statistics, lies and the reservoir effect
This article debunks the misconception that GDP represents economic health. It explains how monetary flows have led to markets in financial...
Time to learn about money
An unexpected destruction of fiat currency has been advanced by the monetary and fiscal response to the coronavirus. Financial markets have...
The dichotomy between equities and gold – a tale of two alternate inflation universes
Equities are pricing in vastly different inflation expectations than gold. We think stocks are pricing in massive future monetary expansion...
Geopolitics post COVID-19
Before the coronavirus caused governments to impose lockdowns, whole economies, markets and even currencies were already on course to be d...
The destructive force of bank credit
Commentators routinely confuse the deflationary effects of a contraction of bank credit with the inflationary effects of central bank polici...