Ideas and analysis on money, markets and the world around us.
The IMF's Special Drawing Rights, the RMB and gold Introduction At the latest G20 meeting, China’s central bank vowed to promote the use of SDRs in the Chinese economy, just four months after the IMF decided to include…
Read the articleMarkets have fully adjusted to a financial world which reflects the leadership and management of money by central banks, and are increasingly frightened of any prospect of their control failing. Every time the system…
Read the articleThe dollar gold price rose this week from Monday's low of $1215 to close last night (Thursday) at $1240, and silver rose from $14.90 to $15.20. Silver's performance compared with gold reflects lower than normal silver…
Read the articleThis week has been in favour of the sellers with clients net-selling their silver positions whilst gold positions have remained neutral. GoldMoney's clients have continued to favour the Singapore vault along with more…
Read the articleIt is commonly assumed that the gold price and interest rates move in opposite directions. In other words, a tendency towards higher interest rates is accompanied by a lower gold price. Like all assumptions about…
Read the articleRebutting Matt Obriens and the Washington Post's Misguided Attack on Gold It is our mission to rebut any mainstream article that spreads misinformation about gold and/or shows a gross misunderstanding of monetary…
Read the articleGold and silver prices rose slightly over the course of this week, with the gold price up $15 to $1235, and silver up 20c to $15.38. London having been closed for Easter Monday, trading in the physical market was…
Read the articleThis week, clients have been selling their gold positions and have been buying or exchanging into silver. GoldMoney’s clients have continued to favour the Singapore and London vaults this week, with less favour being…
Read the articleThere is a widespread and growing feeling that financial markets are slipping towards another crisis of some sort. In this article I argue that we are in the eye of a financial storm, that it will blow again from the…
Read the articleIn the run up to Easter, trading in markets generally has become both volatile and thin. It is usual in these conditions for negative factors to recede from traders' minds, and so we have seen continuing strength in…
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