Ideas and analysis on money, markets and the world around us.
Alternatively, watching paint dry. That's how it has felt this week with gold's volatility slowing to a crawl ahead of Thanksgiving yesterday and the Swiss gold referendum on Monday. However, Open Interest 1 on Comex 2…
Read the articleGoldMoney customers have been back in the buying mood this week, but the yellow metal hasn't featured highly on their shopping list. Dealing Manager at the online bullion dealer, Kelly-Ann Kearsey said, 'Customer…
Read the articleG20 gatherings of world leaders on the surface are all the same: they conclude with a meaningless anodyne statement that everyone can agree with. But these meetings do serve a purpose: they allow the world leaders to…
Read the articleGold has had a volatile week, but rose from $1147 last Friday afternoon to a high of $1205 on Tuesday. On Wednesday the price moved between down $25 on the latest opinion poll on the Swiss referendum, then recovered to…
Read the articleIt's been a quiet week for online bullion dealer, GoldMoney, despite warnings about a global economic slowdown. Gold is traditionally seen as a safe haven asset, but GoldMoney's Dealing Manager, Kelly-Ann Kearsey said…
Read the articleAccording to the ECB's Bank Lending Survey for October banks eased their credit standards in the last quarter, while their risk perceptions increased. This apparent contradiction suggests that the 137 banks surveyed…
Read the articleAfter a very strong rise last Friday precious metals drifted lower-to-sideways for most of the week, but behind this unexceptional behaviour there are some tectonic shifts under way. The chart below is of the gold price…
Read the articleOnline bullion dealer GoldMoney saw markets stabilize last week after the sales of the previous seven days. GoldMoney's Head of Dealing and Settlements, Roland Khounlivong said, 'We had a much more stable week, the…
Read the articleThere is little doubt that deflationary risks have increased in recent weeks, if only because the dollar has risen sharply against other currencies. Understanding what this risk actually is, as opposed to what the…
Read the articleThe dollar continued its upward path against the major currencies this week, and gold and silver prices suffered accordingly. The bears have maintained the upper hand, as shown in the following charts of Comex prices…
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