Ideas and analysis on money, markets and the world around us.
GoldMoney, the online precious metals dealer, has reported a week in which its customers in the west have resorted to some profit taking following the recent rise in gold and silver prices, with silver taking the…
Read the articleThis week has seen precious metals prices rise strongly, with the bears caught on the hop. The chart below shows gold which at the time of writing has been consolidating under overhead supply in the $1330-50 level. The…
Read the articleWhen US money supply measured by M2 stood at $11 trillion in December 2013, I calculate that total broad money of the next largest 50 countries ranked by GDP amounted to the equivalent of a further US$67 trillion at…
Read the articleThe bulls have been back in charge of the gold market this week after US Federal Reserve Chair, Janet Yellen confirmed the Fed will continue to cut its stimulus measures, whilst yesterday's disappointing data on US…
Read the articleGold has now rallied over 10% since December 31. This, in the words of one analyst who achieved widespread publicity was meant to be "a slam-dunk sell". Instead, gold has soared through its 50-day moving average as well…
Read the articleThe China Gold Association this week released estimates for China's "gold consumption" for 2013 at 1,176 tonnes. Furthermore the CGA reported China's own gold production at 428 tonnes. The CGA's figures were…
Read the articleWhat is the best way to save in money with interest rates so low? Martyn White of GoldMoney suggests a simple way to save money and preserve your wealth. Read the complete article in Business Brief .
Read the articleIt has been an interesting week for international online precious metals trading platform GoldMoney, which has seen an increase in new gold purchases being stored in its Asian vaults, but a slowing down in the movement…
Read the articleSince Monday financial markets have consolidated following the emerging market currency shocks of the previous week. Safe-haven bonds were strong initially, before tailing off yesterday. Equities started the week badly…
Read the articleWhen Lehman collapsed in 2008, the world stopped while the Fed implemented its plan to rescue America's banks and the world's financial system. This was achieved by making unlimited money available to the banks, and the…
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