Suffering a sea-change
There is an established theoretical relationship between bonds and equities which provides a framework for the future performance of financi...
Goldmoney Insights
Rising bond yields threaten financial markets
There is a growing recognition in financial circles that price inflation will increase significantly in the near future, and official estima...
Why interest rate management fails
This article explains why attempting to achieve economic outcomes by managing interest rates fails. The basis of monetary interventionist th...
The coming oil shortage – Part I
The oil price crash on the back of the COVID-19 lockdowns has accelerated the coming supply crunch. Both national and international oil comp...
Why the future money is gold and silver
A reminder why they always will be sound money and why bitcoin cannot fill that roleWith bitcoin’s price still rising and expected to rise...
Biden's last throw of geopolitical dice
In a continuing cold war, America is already on the back foot. We have yet to see how long it will be before the Biden administration realis...
Inflation watch: Beware the ides of March
President Biden has now had his $1.9 trillion stimulus package passed into law, and it will not be the last in the current fiscal year. Covi...
The equity-gold price conundrum – Part I
The relentless rally in equity markets has pushed valuations to extreme levels based on traditional metrics. In this report, we analyze the...
Money and statistical delusions
I can prove anything with statistics, except the truth-- Lord Canning, c. 1819Does Canning’s aphorism still hold true, given that data col...
The future of money is gold
This article explains why the successor money to failing fiat is gold, not cryptocurrencies. Cryptos can only act as stores of value so long...