The danger of eliminating cash
In the early days of central banking, one primary objective of the new system was to take ownership of the public's gold, so that in a crisi...
Goldmoney Insights
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...
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...
The forthcoming global crisis
The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is alway...
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’s 1929 moment
Anyone with a nose for markets will tell you that the Chinese government's attempt to rescue the country's stock markets from collapse is fa...
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...
Asian gold strategy clarifying
The Russians came up with an extraordinary statement recently, central to why Russia and China are buying gold, the importance of which was...
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...
India and Gold
The Indian government made headlines recently with its attempts to obtain possession of the gold held by its citizens. It claims it is in t...