A wider perspective.

Ideas and analysis on money, markets and the world around us.

Alasdair Macleod - QE is a Proven Failure

Looks 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…

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Stagflation and the credit cycle

Stagflation: 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…

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Market Report: How oversold can gold get?

Gold is now extremely oversold, with emotional opinion in paper markets unanimously bearish. Traders tell us the 200-day moving average is well and truly broken and the next support level is $1260. However, when gold…

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FMQ update and valuing gold

In the two months since my last update on USD Fiat Money Quantity , it has increased by $292bn to $12.861 trillion and is still growing rapidly as shown in the chart below. It is now 70.6% above where it would have been…

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