A wider perspective.

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

Why the West sells gold and China buys it

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…

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James Turk - The outlook for 2014

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…

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Book Review - The Money Bubble

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…

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Time-preference and 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…

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Precious Metals in 2014

"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…

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