Ideas and analysis on money, markets and the world around us.
Dollar strength continued to be the overriding feature of markets this week, and in common with the majority of commodities, precious metals were correspondingly weak.Gold and silver are now 11% and 10% down on the year…
Read the articleThis week has seen net selling across all the metals, with the exception of platinum which has continued to the be the metal of choice this week. GoldMoney's Asian vaults continued to be the most popular vault of choice…
Read the articleOne can understand the Fed's frustration over the failure of its interest rate policy, and its desire to escape the zero bound. However, since the FOMC has all but said it will increase rates at its December meeting,…
Read the articleGold and silver prices continued to drift along close to recently established lows this week, showing some support at current levels. Whether or not there is further weakness to come appears to be a reflection of dollar…
Read the articleThis week has seen selling across both gold and silver as our clients give more of their attention to platinum and palladium. GoldMoney's Asian vaults continued to be the most popular vault of choice, with clients…
Read the article"I can prove anything by statistics except the truth" – George Canning Canning's aphorism is as valid today as when he was Britain's Prime Minister in 1817. Unfortunately, his wisdom is ignored completely by mainstream…
Read the articlePrecious metals drifted lower this week, with gold hitting new lows and silver challenging the low level of $13.96 achieved on 26 August, but so far holding just above it. Gold has fallen for 23 days in a row, apart…
Read the articleThis week has seen buying across all the metals. Silver was the favourite this week, with renewed interest in platinum and palladium also. GoldMoney's Singapore vaults continued to be the most popular vault of choice…
Read the articleYour country faces a stagnating economy. Let us assume your Prime Minister (or President if that is who holds the executive power) seeks advice from two imaginary economists. PM: You two economists have different views…
Read the articleGold and silver had a torrid week, driven down to $1075 and $14.20 respectively yesterday afternoon (Thursday) London time before recovering slightly. The background was renewed dollar strength reflected in commodity…
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