The journey to monetary gold and silver
Markets are just beginning to latch on to the economic consequences of the coronavirus. Central banks are slashing interest rates and beginn...
Goldmoney Insights
Will Brexit and coronavirus end the EU?
The EU and euro face a sudden deterioration in economic conditions due to the coronavirus, which seems certain to widen the differences betw...
Will COVID-19 lead to a gold standard?
Even before the coronavirus sprang upon an unprepared China the credit cycle was tipping the world into recession. The coronavirus makes an...
Coronavirus and credit – a perfect storm
This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic...
Independence and its consequences
Britain left the EU on the last day of January and is an independent nation once more. The new Johnson government is confident that Britain...
Why is bank credit so destructive?
“Because your question searches for deep meaning, I shall explain in simple words.” – Dante, Inferno Periodic economic destr...
Bond worries and gold
There is evidence that US Treasury bond yields may continue to rise, exposing the debt trap in which the US government finds itself. Market...
Post-Brexit planning
Brexit will be done by the end of next month, when trade negotiations with the EU will begin. Importantly, Britain’s negotiating position...
Statistical misdirection
Economists who understand credit cycles expect the current cycle to enter its crisis stage at any moment. Furthermore, it combines with incr...
150 years of bank credit expansion is near its end
The legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of ex...