As precious metals prices fell across the board this week, online bullion dealer, GoldMoney saw its customers also selling across all metals. GoldMoney's Dealing Manager, Kelly-Ann Kearsey said, 'Gold was by far the…
China first delegated the management of gold policy to the People's Bank by regulations in 1983. This development was central to China's emergence as a free-market economy following the post-Mao reforms in 1979/82. At…
Trading in precious metals was quiet until Wednesday morning, when prices began to soften. When the FOMC meeting released its policy statement at 2.00pm EST, gold and silver responded by falling heavily, with gold…
Obviously the big news of the week for the bullion markets came from the Federal Reserve which ended its quantitative easing bond buying and was surprisingly upbeat about the economy. It wasn’t just gold which suffered,…
With continued uncertainty in global markets, James Turk sent King World News two incredible charts that readers around the world must see, and he also discussed gold, the destruction of money and much more. Read the…
The behaviour of financial markets these days is frankly divorced from reality, with value-investing banished. Markets have become distorted by Rumsfeld-knowns such as interest rate policy and "market guidance", and…
For gold and silver it has been a week of two halves: first prices rallied to a peak on Tuesday, then declined to show net losses for the week on Wednesday for silver and Thursday for gold. Broadly these precious metals…
The week has seen a mixed picture with net selling of gold, net buying of silver and a 5% increase in palladium prices, but all eyes are on the US with key figures on GDP and a report from the Federal Open Market…
Since WW2 economic theorists have posited that demand in the economy could be stimulated by a combination of deficit spending by the government and by suppressing interest rates. The separation of demand from production…
The outlook for gold is now more positive than it has been for some time. After a prolonged period of low volatility as funds invested in ever-greater risk, markets have snapped and volatility has jumped. In short, we…