Ideas and analysis on money, markets and the world around us.
After a very sharp run-up in prices last week, gold and silver consolidated these gains, drifting slightly lower over the week. Gold was almost unchanged from last Friday's close at $1236 last night (Thursday) but…
Read the articleThis week has seen an upsurge in clients buying gold and silver, with the preference being gold, as the price remains above USD1,200/oz, providing an excellent opportunity for the use of gold as a wealth preservation…
Read the articleAt a time of growing concern about the global financial system, it is time to remind ourselves why physical gold is so important for the benefit of the nearly three quarters of a million BitGold and GoldMoney customers,…
Read the articleGold and silver rallied strongly this week, particularly yesterday (Thursday), following a strong showing in Asian trading. Gold had put on $20 in the Asian session, before putting on another $30 during American hours,…
Read the articleThis week has seen several clients selling gold and silver to take advantage of the extraordinary price gains on both metals. However, as the price increases have continued, we have seen a high interest from clients to…
Read the articleThere is a conflation of three related events that materially alter the prospects in favour of a higher gold price. The change in the outlook for US interest rates has probably put an end to the dollar's four-year bull…
Read the articleIt was a better week for precious metals, with gold and silver hitting new highs for 2016. Last night gold closed at $1155.5 and silver at $14.91, and in early London trade this morning prices opened at these closing…
Read the articleThis week has seen clients selling gold and silver, taking advantage of the impressive gains on both metals. However, many clients have also been purchasing precious metals in order to take advantage of the cheaper…
Read the articleLast Sunday (31 January) Zero Hedge ran an article drawing attention to the big names in the hedge fund community who are betting heavily that the yuan will suffer a major devaluation any time between the next few…
Read the articleGold and silver continued their rise, feeding on the problems facing equities as they try to adjust to the downgrading of the US's growth prospects. There was an attempt yesterday to mark the gold price down from…
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