Ideas and analysis on money, markets and the world around us.
This week saw the surprise nomination of Donald Trump as President-elect in the early hours of Wednesday morning. So far as markets were concerned, Wednesday’s trading was a repeat of Brexit: spike in bond yields;…
Read the articleGoldmoney Wealth clients have been net buying all precious metals with gold being the favourite this week. Clients have favoured the Switzerland and Hong Kong vaults followed by vaults in Singapore, and have shown less…
Read the articleIndian gold jewelry demand reacts to prices, not vice versa Introduction For the past weeks the media and gold analysts have pointed to an apparent collapse in Indian gold demand, implying that gold prices are at risk.…
Read the articleMacroeconomic realities trump Trump fear Introduction The outcome of the 2016 US presidential election has sent shockwaves through global financial markets. Gold largely reversed its 4% overnight rally and is now back…
Read the articlePresident-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have the room for manoeuvre to achieve this ambition as well as…
Read the articleGoldmoney Wealth clients have been net buying across all precious metals with silver being the favourite this week. There was an improvement in precious metal prices on Wednesday as they extended gains ahead of the FOMC…
Read the articleIt has been a better week for gold and silver, with gold rising from $1284 to $1302 by Friday mid-morning London time, and silver from $17.76 to $18.34. Gold in particularly found its support at the 200-day moving…
Read the articleObserving America’s presidential election from afar has been a curious experience for foreigners. The next President will be the de facto ruler of the advanced nations, unelected by them, but subject to his or her…
Read the articlePrecious metals continued to consolidate at the lower levels, moving broadly sideways. Gold was unchanged on the week by last night’s close in New York, at $1269, and silver up 9c at $17.63. The uncertainty facing…
Read the articleGoldmoney Wealth clients have been net selling all precious metals aside from platinum, which appears to be the favourite this week. The improvement in precious metal prices has increased selling, possibly to retain…
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