How quickly will the dollar collapse?
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less sta...
Goldmoney Insights
China and the dollar
With the benefit of hindsight, the two-day devaluation of the yuan in mid-August might have been a masterstroke of strategy. China executed...
Equity markets and credit contraction
There is one class of money that is constantly being created and destroyed, and that is bank credit. Bank credit is created when a bank len...
America’s financial war strategy
Abstract America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at...
China chooses her weapons
China's recent mini-devaluations had less to do with her mounting economic challenges, and more to do with a statement from the IMF on 4 Aug...
Economics of a crash
This month has seen something that happens not very often: it appears to be the early stages of a global stock market crash. For the moment...
Derivatives and mass financial destruction
Globally systemically important banks (G-SIBs in the language of the Financial Stability Board) are to be bailed-in if they fail, moving the...
Oil for gold – the real story
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there ha...
Renewed estimates of Chinese gold demand
Geopolitical and market background I have been revisiting estimates of the quantities of gold being absorbed by China, and yet again I have...
The Gently Rotting Debt-Ridden EU
The EU as a political construction is in a state of terminal decay. We know this for one reason and one reason alone: its core principle is...