Ideas and analysis on money, markets and the world around us.
Gold and silver are now reclaiming their five year low levels. However, silver purchases are on the rise. This is unexpected for the time of year, as many clients tell us that they consider the Indian festival of Diwali…
Read the articleBelieve it or not, one of the topics in economics that confuses macroeconomists is the actual role of interest rates. For the most part they just assume that an interest rate is the cost of money, the price of money, or…
Read the articleThe week was characterised by rumours that the Fed was determined to raise the Fed funds rate at the FOMC's December meeting. As a result gold and silver prices fell sharply to show losses of 6.6% and 3.7% on the year…
Read the articleThis week has seen buying across most metals with silver being the buying favourite. GoldMoney's Singapore vaults remained the most popular this week, with UK, Swiss and Hong Kong vaults seeing the most selling.…
Read the articleSince the 1980s, markets have had to adapt to a world of infinite credit. Of course, this credit has not been available to everyone: it has been principally deployed in favour of governments, financial markets, and big…
Read the articleBesides a mid-week rally that took gold up to $1181 and silver to $16.38, gold and silver had a disappointing week, ending down on balance at close of play last night (Thursday) at $1147 and $15.60 respectively. Prices…
Read the articleThis week has seen selling across all metals apart from gold which has remained the favorite this week with GoldMoney's clients. GoldMoney's Singapore and Hong Kong vaults remained the most popular this week, with UK…
Read the articleAfter a few months of slower growth, FMQ has picked up again. FMQ is the sum of True Money Supply (as defined by the Austrian School of Economics), plus the banking system's reserves and other banking-related…
Read the articleAfter a strong performance in recent weeks precious metal prices took a breather this week, consolidating by ticking back from the peaks on 15 October of $1190 for gold and $16.30 for silver, to close last night at…
Read the articleThis week has seen selling across all metals, with platinum being the week's favourite metal. Kelly-Ann Kearsey, Dealing Manager at GoldMoney, says that prices remained strong until Wednesday, when the gold price fell…
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