Ideas and analysis on money, markets and the world around us.
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…
Read the articleThis 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…
Read the articlePrecious 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…
Read the articleChina's recent mini-devaluations had less to do with her mounting economic challenges, and more to do with a statement from the IMF on 4 August, that it was proposing to defer the decision to include the yuan in the SDR…
Read the articlePrecious metals staged a good rally this week on bear-closing, triggered by uncertainty behind China's series of mini-devaluations. Gold recovered by 4% before dropping $10 of consolidation yesterday (Thursday). And as…
Read the articleThe inevitable economic fears following China's decision to devalue its currency have sent some investors gold hunting this week, although interestingly, Dealing Manager Kelly-Ann Kearsey said more of their customers…
Read the articleInterest rates in the US, Europe and the UK were reduced to close to zero in the wake of the Lehman crisis nearly seven years ago. Initially zero interest rate policy (ZIRP) was a temporary measure to counter the price…
Read the articleGold and silver traded in a tight range this week on low futures volumes. Last Friday the gold price rallied from $1,080 to $1,101, last night it closed at $1,089. Silver also traded in a narrow range though both are…
Read the articleMonday saw gold hit a five year low with even the sell-off in Chinese shares not spurring safe haven buying. Low inflation and the strong dollar continue to dominate says GoldMoney Dealing Manager, Kelly-Ann Kearsey,…
Read the articleWe now have an explanation for Gibson's paradox ( posted here ), a puzzle that has defeated mainstream economists from Fisher to Keynes and Friedman. The best way to illustrate the puzzle is through two charts, the…
Read the article