Ideas and analysis on money, markets and the world around us.
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 articleNot 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 articleThis 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…
Read the articleWe are accustomed to looking at Europe’s woes in a purely financial context. This is a mistake, because it misses the real reasons why the EU will fail and not survive the next financial crisis. We normally survive…
Read the articleThe end of August saw an options expiry plus a month-end, both factors leading to lower prices. But despite the Labor Day holiday on Monday, which kept trade quiet this week, precious metal prices rose strongly, before…
Read the articleThis week, clients have been net buying gold and silver, taking advantage of the lower prices due to the FOMC announcement last Friday. Week on week, we have continued to see a high volume of orders including higher…
Read the articleFeudal and mercantilist economic systems were characterised by the lower orders of ordinary people being enslaved by, or subjected to, the commands of an elite. Beyond basic subsistence, serfs and slaves were not…
Read the articleTaking advantage of low volumes and volatility, the bullion banks have been able to close more of their shorts in gold and silver. By early European trading this morning (Friday) gold fell by a net $8 to $1312 over the…
Read the articleThis week, clients have been net buying gold and silver, taking advantage of the lower prices due to the FOMC announcement last Friday. Week on week, we have continued to see a high volume of orders including higher…
Read the articleTwo weeks ago I pointed out that the Fed is seemingly unaware of early signs of price inflation. You can read the article here . The Fed is clearly ignoring the coincidental rise in USD LIBOR and the growth in bank…
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