Left wing, right wing, and free markets
One of the saddest things about Britain’s recent general election was the level of ignorance displayed by all parties on the broad subject...
Goldmoney Insights
Safety in banking
There was a time when banks acted as custodians of their customers’ money. Indeed, keeping a person’s money and using it as if it belong...
Update on Brexit
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the...
Business cycles are credit cycles
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycle...
End of empire
"Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While...
The decline and fall of the EU
This article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importan...
Can state spending ever be cut?
President Trump was elected on several promises, including one that he would fund tax cuts by cutting public spending. Cynics might note tha...
The fateful date
Caesar: What sayest thou to me now? Speak once again. Soothsayer: Beware the ides of March. Caesar: He is a dreamer; let us leave him: pa...
Central banks and gold
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G...
Gini and monetary policy
Or how central bankers are ducking the wealth transfer issue Central banks must be increasingly aware that critics of monetary policy are g...