Ideas and analysis on money, markets and the world around us.
Globally systemically important banks (G-SIBs in the language of the Financial Stability Board) are to be bailed-in if they fail, moving the cost from governments to the depositors, bondholders and shareholders. There…
Read the articleThis week has been extremely volatile for oil, currencies and stock markets. Against this background gold and silver have drifted sideways to slightly lower, which given the dollar's strong performance is almost a…
Read the articleIt's been a volatile week for the yellow metal in quiet trading as global data and economic news have caused prices to pull in various directions. Dealing Manager at GoldMoney, the online precious metals trader,…
Read the articleLast week I wrote that contrary to the prevailing mood US dollar strength could reverse at any time. This week I look at another aspect of the dollar, which almost certainly will become a significant source of supply: a…
Read the articleThis week, precious metals continued their recovery, with gold up $35 at $1220 and silver up about $1 at $17 this morning, thus building on the improved trend since gold bottomed nearly $90 lower at $1132 on 7 November.…
Read the articleIn a week that's seen more window dressing of GoldMoney client investment portfolios than serious directional decisions, gold has had a volatile few days thanks to a variety of factors. Head of Dealing and Settlements,…
Read the articleEach commodity market has its own story to tell: oil prices are falling because OPEC can't agree production cuts, steel faces a glut from overcapacity, and even the price of maize has fallen, presumably because of good…
Read the articleIt turns out the Swiss referendum last weekend which sought to force the Swiss National Bank to maintain 20% gold reserves was a red herring so far as precious metal markets are concerned. It was fairly obvious before…
Read the articleDealing Manager at the online bullion dealer, Kelly-Ann Kearsey said, 'The last seven days have seen net selling of gold and net buying of silver, continuing the trends that we saw last week. Overall, we have seen…
Read the articleSupply and demand Silver is commonly accepted as a monetary metal, but nowadays its principal use is industrial. According to The Silver Institute, supply of mine and scrap recycling totals 980 million ounces, while…
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