Bonds and banks
This year has seen some big losses develop in the bond markets, though prices have stabilised in recent days. The chart above is of the yield on the lowest investment risk in ten year maturities. Most other 10-year…
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Ideas and analysis on money, markets and the world around us.
Dealing Desk: Buyers speculate and hedge their bets
A busy week on the economic news front has led to a busy week in the precious metals markets. Kelly-Ann Kearsey, Dealing Manager said: 'We've had more buyers than sellers contacting us this week, with gold more popular…
Read the articleDealing Desk: Silver in the spotlight
GoldMoney customers have had a busy few days with trading volumes up on the previous week. Kelly-Ann Kearsey, Dealing Manager, at the online bullion dealer GoldMoney, said: 'Silver has been the centre of attention for…
Read the articleThe fallacies of GDP
The common error of confusing growth with progress goes largely unnoticed, though it permeates all macroeconomic analysis. There is no better example of this mistake than the fallacies behind the interpretation of Gross…
Read the articleChina’s five year plan and the end of an era.
China is in the late stages of constructing its thirteenth five-year plan, a process that commenced over a year ago and will result in a first draft in October. While the bulk of the plan will concern regional and…
Read the articleDealing Desk: Trading volumes up in light of price fall
Trading volumes at online bullion dealer, GoldMoney, are up week on week, with buyers taking advantage of the current price. Kelly-Ann Kearsey, Dealing Manager, GoldMoney, said: 'Improved economic figures and more…
Read the articleMarket Report: Dollar strength
Markets this week have been all about renewed dollar strength, with precious metals side-lined. The only notable move was when gold lost $20 and silver 40c on Tuesday, following holidays in the US and UK on Monday. The…
Read the articleDealing Desk: GoldMoney customers find reasons to buy
GoldMoney customers have been bucking the general market trend and buying up the yellow metal this week. Kelly-Ann Kearsey, Dealing Manager at the online precious metals dealer, says the trend came from a combination of…
Read the articleEuro-sclerosis
There appears to be little or nothing in the monetarists' handbook to enable them to assess the risk of a loss of confidence in the purchasing power of a paper currency. Furthermore, since today's macroeconomists have…
Read the articleMarket Report: Precious metal rally consolidates
Gold and silver rallied strongly last Friday and into Monday's overnight trading (UK time) before spending the rest of the week drifting lower from initial highs to consolidate above notional support at $1200 and $17…
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