A number of readers and bloggers have recently suggested there must be collusion between America and China over the transfer of physical gold from Western capital markets. They assume that governments know what they are…
Before looking at the year ahead, it is useful to look back at the year just passed. This adage is particularly true now because little has changed. Three major markets – stocks, bonds and gold – will again be driven…
Gold and silver prices fell from early highs this week of over $1240 and $20.20 respectively to find good support at $1220 and $19.40. The first hit on the gold price was on Monday, when a large sale order drove the…
The Money Bubble, by James Turk and John Rubino In reviewing this excellent book I should first declare and deal with vested interests. James Turk with his son founded GoldMoney, and as GoldMoney's Head of Research he…
It has been a relatively quiet week, but British based precious metals' trading company, GoldMoney reports there have been far more buyers than sellers as the market sentiment remains undecided on where prices are…
There are two main indices tracked by commodity tracker funds: the S&P-Goldman Sachs Commodities Index and the Dow Jones UBS Commodities Index. According to S&P Indices (which manages both), total assets estimated at…
The past week might have been quiet in the wake of the festive season, but British based precious metals' trading company, GoldMoney has seen some significant buying by its customers keen to take advantage of the…
Encompassing the year end and its holiday on Wednesday, this week has been notable for precious metals. For gold there have been three important features: firstly, Tuesday saw a powerful one-day reversal, with gold…
The future price of gold cannot be discussed without considering its implied discount rate expressed through time-preference. This is the relative desire to own goods at an earlier date rather than later. There are…
"Now the New Year reviving old desires The thoughtful Soul to Solitude retires" Rubaiyat of Omar Khayyam Yes folks, it's that time of year again; but unlike old Khayyam who reflected bucolically on the continuing…