Silver on the verge of a break out
Silver prices are trading almost 25% below the values predicted by our price model. This is the largest downside deviation we have seen in o...
Goldmoney Insights
Gold Price Framework Vol. 1: Price Model
Gold Price Framework Vol. 1: Price Model In this paper, we introduce a model for understanding the short- and medium-term price movements b...
Menē and how it could transform the gold market
Despite the appetite for investment gold in the aftermath of the global financial crisis, western gold jewelry demand remains in a multi-dec...
Gold Price Framework Vol. 2: The energy side of the equation
Building on our proprietary energy-proof-of-value gold price framework, we a) present an improved gold price model; b) provide an i...
Gold Price Framework Vol. 2: The energy side of the equation - Part II
In this second part of our updated gold price framework we take a deep dive into the true energy exposure of gold mining companies. We find...
Silver price framework: Both money and a commodity
Silver price framework: Both money and a commodity In this paper, we introduce a framework for understanding the formation of silver prices...
Low Volatility Extended to Gold Market
The demise of volatility has extended to the gold market Both realized and implied volatility in most asset classes are close to all-time l...
Indian gold jewelry demand reacts to prices, not vice versa
Indian gold jewelry demand reacts to prices, not vice versa Introduction For the past weeks the media and gold analysts have pointed to an...
OPEC at the Crossroads
OPEC is currently in a difficult situation. How should it react to the oil glut that followed the emergence of shale oil technology? In our...
Something’s got to give in the oil market
Something’s got to give in the oil market Introduction Crude oil time-spreads have completely dislocated from inventories. Historicall...