Ideas and analysis on money, markets and the world around us.
Last Monday gold ended a week-long consolidation that saw it fall from $1354 to $1329, before rising strongly to over $1370 yesterday. Not only is Asian demand still outstripping mine supply by a large margin, but…
Read the articleErrata In the article below despatched on Friday, I inadvertently gave the wrong quantity of gold as the equivalent of 5% of $3 trillion. The correct figure should be about 3,400 tonnes. The figure quoted is for the…
Read the articleGold's safe haven status boosted its price this week, as the situation in Ukraine, and continued economic uncertainty, supported the metal up 1.8% on the week. Whilst the safe haven factor is driving the general market,…
Read the articleClick on this link to hear James Turk's interview with Andy Duncan of SmartMetals Radio. They talk about James' new book - The Money Bubble, the future of money, and the future of gold. You can also watch the video…
Read the articleClick on this link to hear GoldMoney's Head of Research Alasdair Macleod's presentation to the Chamber of Commerce.
Read the articleFrom last Friday's close at $1322, gold opened strongly on Monday trading, as high as $1355 before losing two thirds of the rise on Tuesday. On Thursday afternoon (GMT) gold rallied back to challenge the $1350 level.…
Read the articleEarlier this week Bill Gross who runs Pimco's bond fund made a conditional case for investing in high-yielding bonds, even though on first cut the yield benefit appears insufficient to justify the extra risk. Put…
Read the articleAs the gold price rose amid safe haven buying from the tension in Ukraine, GoldMoney customers waited out the rush with the bulk of precious metal purchases occurring after the main market moves. Head of Dealing at the…
Read the articleThe rise in the gold price ran into profit-taking on Wednesday. Having risen $160 to $1345 some short-term profit taking is only to be expected, and silver followed suit. The action in silver revolved round the March…
Read the articleThe chronological events of 2013 set the background for gold in 2014. It was a momentous year which should ensure a rise in the gold price in 2014. Before 2013 demand for physical ETFs was high. At the same time Asian…
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