Ideas and analysis on money, markets and the world around us.
It went up and it went down, Gold rode the rollercoaster this week and at GoldMoney, customers were selling. Kelly-Ann Kearsey, Dealing Manager at GoldMoney said, 'It was all about the sell this week. We've seen most of…
Read the articleThis week has seen net selling across precious metals – particularly of silver and gold, while platinum and palladium have been fairly neutral. A trend of note has been selling out of the Swiss vaults. Any buying has…
Read the articleThere is only one way to value gold, and that is to quantify the expansion of the fiat currency in which it is priced. That is the sole purpose of the Fiat Money Quantity (FMQ), which since I last wrote about it five…
Read the articleGold priced in dollars hardly changed over the first quarter of 2015, but silver performed strongly, up 7%. In generally choppy markets across all asset classes silver was bettered only by the Nikkei 225 Index. This…
Read the articleThough the Fed would deny it, it is clear from the minutes of the last Federal Open Market Committee (FOMC) meeting that a rise in interest rates has been put off indefinitely. The subsequent rally in the price of gold…
Read the articleFollowing the release of the Federal Open Market Committee (FOMC) minutes last week, gold and silver have come alive, the gold price rising from a low of $1147 on 18th March to $1200 this morning and silver from $15.46…
Read the articleGold prices reached a three and a half week peak this morning, rising above the critical $1200 resistance level, but while more GoldMoney customers have been buying along with the rest of the market, there have also…
Read the articleChina and Russia have taken the lead in establishing the Asian Infrastructure Investment Bank (AIIB), seen as a rival organisation to the World Bank and the Asian Development Bank, which are dominated by the United…
Read the articleThe Federal Open Market Committee (FOMC) statement released on Wednesday was notable for deferring interest rate rises to some unspecified time in the future. This was realistic, given the continuing strength of the…
Read the articleAfter a hesitant week ahead of the Federal Reserve Open Market Committee minutes being released, gold saw a flurry of interest today. Gold in Favour Gold prices edged lower Tuesday ahead of Janet Yellen's much…
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