FED talk
FED talk Introduction Today’s sell off in gold has led to concerns that the >20% year-to-date rally in gold prices could begin to reverse. In our view this is primarily the reaction to renewed expectations that the FED…
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Ideas and analysis on money, markets and the world around us.
Market Report: Option expiry and Deutsche Bank
Gold and silver drifted lower over the week, in falls which are commonly accepted to reflect prices being massaged ahead of option expiry on Comex. Gold lost $16 to $1325, and silver, 58 cents to $19.11 in early…
Read the articleDealing Desk: US Market Data and Presidential Elections adding Pressure to Precious Metals
This week, clients have been net selling gold and silver but buying platinum. Goldmoney Wealth’s clients have favoured the Hong Kong and Singapore vaults followed by the Canadian vault this week, with less preference…
Read the articleAmerica is on a slippery slope
It hadn’t happened before, at least not since US presidents started visiting foreign countries after the Second World War. In early September, when President Obama landed at Hangzhoi for the G-20 summit in early…
Read the articleMarket Report: Weak policies equal higher gold prices
This week, both the Bank of Japan and the Fed announced their interest rate policies. The BoJ came up with an underpinning of 10-year JGBs at zero yield, and the Fed came up with, well - nothing. Except, the FOMC…
Read the articleDealing Desk: Central Banks give Precious Metals a Boost
This week, clients have been net buying gold, silver, and platinum, speculating the market by taking advantage of the lower prices during the Fed Meeting on Tuesday and Wednesday. Goldmoney Wealth’s clients have…
Read the articleThe root cause of monetary confusion
Arguments about sound and unsound money often degenerate into a them-and-us dispute, with the supporters of unsound money casting sound money proponents as impractical out-of-date libertarian weirdos. Supporting one…
Read the articleInverted Asymmetry - Gold Price Outlook
Inverted Asymmetry - Gold Price Outlook Introduction Using our proprietary real rate, energy proof of value- model as a guide, we find that, despite an already impressive year to date performance: 1) the USD gold price…
Read the articleMarket Report: Consolidation enters tenth week
Not yet having achieved a sense of direction, precious metals continued their consolidation, drifting lower into support levels. After a mid-week rally, gold traded at $1314, down $13 on the week, and silver at $19.98,…
Read the articleDealing Desk: Precious Metals take a Downfall but US Data shows hope for delayed Interest Rates
This week, clients have been net buying gold and silver, taking advantage of the lower prices as the market eagerly awaited the results from the Bank of England this afternoon, together with US data, which would then…
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