The fate of the pound sterling
This is the third in a series of articles focused on the outlook for major currencies. The first concluded that the US dollar is already on...
Goldmoney Insights
Monetary distortions of GDP in 2021
This article explains the effect of monetary inflation on GDP. Nominal GDP is directly inflated by additional money and credit, so GDP growt...
China is killing the dollar
In the wake of the Fed’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed...
Inflation, deflation and other fallacies
There can be little doubt that macroeconomic policies are failing around the world. The fallacies being exposed are so entrenched that there...
Inflation — running out of road
If you think that price inflation runs at about 1.6% you have fallen for the BLS’s CPI myth. Two independent analysts using different meth...
An unexpected systemic crisis is for sure
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s foc...
Explaining the credit cycle
This article summarises why the credit cycle leads to alternate booms and slumps. It is only with this in mind that they can be properly und...
Drop Gold and The Myths We’re Told
An inquiry into the monetary fitness of bitcoin relative to gold INTRODUCTION Since their creation in 2009, novel cryptocurrencies suc...
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...