Ideas and analysis on money, markets and the world around us.
It is a sign of the times that a 700-page book by an obscure French economist turns out to be a surprise best-seller. Thomas Piketty has been feted by heavyweight Nobel prize-winning economists, such as Paul Krugman,…
Read the articleThe shorter week due to Monday's public holiday made for a quieter week's trading for GoldMoney customers. The online precious metals trader reported a drop of around 40% in trading volume compared to last week. Head of…
Read the articleAs global markets continue to see some wild trading, James Turk told King World News that the bullion banks have been getting stuffed on their shorts because of extreme backwardation in the gold market. Turk believes…
Read the articleLooks like Quantitative Easing isn't going so well. First Quarter GDP growth in the US was negligible. Is it time to step on the monetary accelerator again? Worldwide economies are looking bad. But the Keynesian just…
Read the articleGold kicked off the week at just over $1300 before declining to a low of $1278 yesterday. Most of the time prices just moved sideways, drifting lower from time to time to test support. And when support materialised, the…
Read the articleStagflation: When the general level of prices rises due to the purchasing power of currency-money falling, instead of price inflation due to a general increase in demand. The credit cycle that normally drives advanced…
Read the articleTrustees are often asked to source or store gold on behalf of their clients. The reason is straightforward: gold is seen as a safe haven and a legitimate hedge against inflation, as well as being a dependable asset that…
Read the articleThe precious metals market still lacked a clear direction this week as geopolitical concerns with the Ukraine situation remained, but the US Federal Reserve re-affirmed its faith in America's economic recovery. The…
Read the articleJames Turk is never hesitant to look beneath the covers to spot realities that others might not want to confront. Read this interesting interview at The Daily Bell .
Read the articleJames Turk says the Ukraine crisis can affect the price of gold. Turk says, "Whenever there is global tension, people go to safety, and one of the greatest safe havens of all-time has been gold. It's been money for…
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