Ideas and analysis on money, markets and the world around us.
This 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…
Read the articleOr some reflections to read over the Easter holidays With Japanese and Eurozone interest rates becoming increasingly negative, and the Fed backing off from at least some of the planned increases in the Fed funds rate…
Read the articleThis week, clients have preferred purchasing silver to gold and have been seen exchanging their gold for silver. Many clients were seen seen buying precious metals on Tuesday and Wednesday after taking advantage of the…
Read the articlePrecious metal prices eased ahead of this week's 2-day FOMC meeting, which ended on Wednesday. Gold had drifted $30 lower before recovering it all in a matter of minutes on Wednesday afternoon EST, after the rate…
Read the articleThis week, clients have been buying larger volumes of all precious metals, possibly speculating ahead of the FOMC meeting on Thursday and taking advantage of the lower prices seen through the week. Silver has been the…
Read the articleLast week, the ECB extended its monetary madness, pushing deposit rates further into negative figures. It is extending quantitative easing from sovereign debt into non-financial investment grade bonds, while increasing…
Read the articleInflection Points Introduction Gold prices are up between 13% and 23% year-to-date in the major currencies. However, this upward trend started long before the recent price rally. In fact, in a majority of currencies,…
Read the articleDespite a sharp run-up over the last two months, gold's consolidation of previous strength has been a three-week sideways affair. Gold's price started the week at $1260 and as of this morning (Friday 0800 London time)…
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