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...
Goldmoney Insights
Monetary update for the dollar
A dispassionate look at the quantities and flows of fiat dollars tells us much about the current state of the US economy, and therefore pros...
Will macro-economists ever learn?
As we lurch through successive credit crises, central bankers and economists believe they learn valuable lessons every time, and that the ul...
Financial crisis dynamics, the ‘shadow’ gold demand, and Menē
The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to...
Cryptos may destabilise fiat
The assumption in some quarters is that crypto-currencies will replace gold as money, or at least challenge it. This is an error borne out o...
America’s stagflation
The accumulation of monetary policy errors by the Fed is increasingly certain to culminate in the credit crisis that always marks the end of...
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...
The Path for Oil
Global oil prices (Brent) continue to trade in a narrow USD45-55/bbl price range, reversing from a brief breakout to the upside last week. H...
The upcoming increase in interest rates
Last week, both Janet Yellen of the Fed and Mark Carney of the Bank of England prepared financial markets for interest rate increases. The w...
Outlook for the dollar price of gold
Now that gold has become overbought on Comex, the price is vulnerable to being trashed, yet again, by the too-big-to-fail banks. It is a fam...