Savings, investment, and the Keynesian preference – a follow-up
There is a general belief that government finances are somehow immune from the financial reality faced by everyone else – an illusion fost...
Goldmoney Insights
Chinese gold imports will keep increasing
Since China began to embrace economic progress in the 1990s and let the compelling forces of capitalism take hold to raise living standards...
The Fed gets creative
According to a story in Wednesday’s Wall Street Journal, the US Federal Reserve is considering buying long-term Treasury and mortgage bond...
A perspective on money from Howard and Warren Buffett
In a recent article in Fortune, Warren Buffett reiterated his well-known view on money. Far less celebrated, however, is the discerning view...
Howard and Warren Buffett on gold
Sons often rebel against their fathers, but what accounts for the difference between Howard Buffett’s view of gold, and that of his son â€...
The destruction of savings by inflation
In the past, insurance companies and pension funds have been keen to advertise the benefit of compounding arithmetic for savings. Over th...
Gold and silver price shakeout
The consolidation of gold’s bull phase from October 2008 to the peak last September was a classic three-leg correction: an initial slide,...
FEDging the figures
The Fed in its press release announced that it expected interest rates to “warrant exceptionally low levels for the Federal Funds Rate at...
Using vaults to store gold and silver
I consider gold and silver to be the bedrock asset of an investment portfolio. In other words, it is the foundation stone upon which the res...
Gold price rises again 11th consecutive year
Gold has done it again. For the eleventh year in a row, the gold price rose in terms of US dollars. Gold’s rate of exchange to the...