China’s monetary policy must change
The next credit crisis poses a major challenge to China’s manufacturing-based economy, because higher global and yuan interest rates are b...
Goldmoney Insights
The Credit Cycle Is On The Turn
We are on the verge of moving into an era of high interest rates, so markets will behave differently from any time since the early-1980s. Th...
Hong Kong and the road to recovery
We are following the road to perdition There is increasing awareness that another financial crisis is in the offing, and, of course, everyo...
The dollar is central to the next crisis
Introduction and summary It is now possible to pencil in how the next credit crisis is likely to develop. At its centre is an overvalued do...
Apocalypse, Or Not?
Members of the American libertarian movement, particularly extremist preppers, are often associated with a belief that a complete breakdown...
John Law – 300 years on
Most people are aware that historically there have been speculative bubbles. Some of them can even name a few – the South Sea bubble, tuli...
Macroeconomics Has Lost Its Way
The father of modern macroeconomics was Keynes. Before Keynes there were macro considerations, which were firmly grounded in human action, t...
Valuing Gold In A World Awash With Dollars
Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next c...
State or Individual?
The most important question faced by the human race is almost never addressed in modern times: which should be the master, the state over th...
Inflation Rearing Its Ugly Head
The world of finance and investment, as always, faces many uncertainties. The US economy is booming, say some, and others warn that money su...