Ideas and analysis on money, markets and the world around us.
Goldmoney Wealth clients have been net buying all precious metals this week. Clients have been making consistent gold buys throughout the week, while selling has taken place in silver as clients look to lock in gains…
Read the articleGold and silver are showing signs of support this week, with silver notably recovering its poise, as the chart above shows. Today gold is unchanged from last Friday’s close at $1170 and silver is up 34 cents at $17.10,…
Read the articleThe latest consequence of economic mismanagement in Europe was the failed attempt at constitutional reform in Italy this week. The Italian people have had enough of their government’s economic failure, and is refusing…
Read the articleGoldmoney 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…
Read the articleGold 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…
Read the articleThe 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…
Read the articleThe 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…
Read the articleIt’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…
Read the articleGoldmoney 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…
Read the articleTwo 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…
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