Although customer activity has been positive across all metals, silver has continued to be the favourite metal among GoldMoney's customers this week. Dealing Manager at the online precious metals trader, Kelly-Ann…
There is one class of money that is constantly being created and destroyed, and that is bank credit. Bank credit is created when a bank lends money to a customer; it becomes money because the customer draws down this…
Gold and silver spent this week consolidating their recent price recoveries, with silver tending to hold its ground better than gold. The underlying bullion position however remains very tight. The Financial Times…
It has been silver’s turn to shine this week, as it was a clear buying favourite amongst GoldMoney’s customers. Dealing Manager at the online precious metals trader, Kelly-Ann Kearsey said, “Gold rallied to a one week…
In the early days of central banking, one primary objective of the new system was to take ownership of the public's gold, so that in a crisis the public would be unable to withdraw it. Gold was to be replaced by fiat…
While gold consolidated its recent gains, silver was sold down this week along with other metals and energy. The whole commodity complex suffered badly in the stock-market fall-out, before a sharp bear-squeeze across…
This month has seen something that happens not very often: it appears to be the early stages of a global stock market crash. For the moment investors are in shock, seeking reassurance and keenly intent on preserving…
As the global stock markets plummeted in reaction to China's economic woes, online bullion dealer, GoldMoney, has reported a rise in interest from its customers for gold bars to be delivered to their homes. GoldMoney…
This week market relationships underwent a sea-change, with a sudden realisation that the global economy is in a deepening crisis. Equity valuations in the developed nations are falling sharply and corporate bond…
Precious metals have had a positive week and GoldMoney Dealing Manager, Kelly-Ann Kearsey said there's been buying across the board. "We have seen an increase in both value and volume trading which is particularly…