Goldmoney Wealth clients have been net buying all previous metals, with gold being the favoured buy this week. Clients have preferred vaults in Switzerland and Canada, and have shown less preference for the Hong Kong…
Gold and silver traded modestly lower this week in the face of a strong dollar. The strains faced in currency markets are extreme, building up to a crisis, particularly for the euro. More on this below. Gold, as of…
The Gold Sell-off : How far might it go? Introduction The market is currently pricing in a goldilocks scenario of stronger economic growth, stable inflation and partial normalization of interest rates. This has put…
The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold. This is because…
It’s been a torrid week for gold bulls, with prices sliding through the $1200 level, where some support could have been expected, only bottoming at $1175 in late-Asian trade last night. In early European trade, gold…
Goldmoney Wealth clients have been net buying all precious metals in the past week; while selling has taken place in platinum and palladium, the drop in both gold and silver prices has seen clients taking advantage of…
Two weeks ago, India’s Prime Minister Narendra Modi demonetised an estimated 86% of rupees in circulation, offering conversion into a bank account or into smaller currency notes until 31 December, after which these…
Gold and silver prices moved lower this week, while bond yields around the world rose sharply. There can be little doubt now that the bond bubble is deflating, inflicting enormous strains on portfolios, banks and even…
Goldmoney Wealth clients have been net buying all precious metals with silver being the favoured buy this week, as they have taken advantage of the dip in its price. Clients have preferred vaults in Switzerland, Canada,…
Hayek’s The Road to Serfdom described how personal freedoms are progressively eroded by the state in the name of the common good. His warning is more associated with totalitarianism and dictatorships, than modern…