Ideas and analysis on money, markets and the world around us.
This week has been very uncomfortable for long-term gold investors. Trading in derivative markets has become thin, as evidenced by sustained intraday periods of little price movement, with a tendency to drift lower.…
Read the articleThere is considerable disagreement about Chinese gold demand, with delivery figures on the Shanghai Gold Exchange and import/export figures for Hong Kong suggesting the real totals are far higher than those published by…
Read the articleBased on the monthly figures to 1st October recently released by the St Louis Fed, FMQ jumped $227bn in September to $12,176bn. This puts it $4,819bn and 65% over the long-term exponential trend established between 1960…
Read the articleZerohedge recently drew attention to the growing level of foreign bank cash deposits , tucked away at the bottom of the Fed's H.8 statement. Foreign banks' cash balances have increased by $518.7bn since September 2012,…
Read the articleGold started on Monday with a continuation of last Friday's fall, bottoming out on Tuesday at $1261 in US trading. From then on the price rallied to close $25 higher at $1287 on Thursday. Sentiment for gold and silver…
Read the articleWhat are the advantages of holding real gold over currency and 'paper' gold in a portfolio? Martyn White, Head of European Business Development at GoldMoney, explains. Read the complete article in Wealth Management…
Read the articleGold and silver hardly moved beyond a one per cent range all week until the ECB sprung on markets a surprise interest rate cut on Thursday. According to a Bloomberg poll only three economists expected it and sixty-seven…
Read the articleThis week an article in Euromoney points out that liquidity in bond markets is drying up. The blame is laid at the door of regulations designed to increase banks' capital relative to their balance sheets. Furthermore,…
Read the articleThe event of the week was the FOMC meeting on Wednesday, which actually said nothing of any substance. This was hardly surprising, given the impending change of chairmanship; however it triggered a rally in the US…
Read the articleOn Wednesday Finland gave in to public pressure and revealed where she stores her gold reserves. The statement followed a press release by the Bank of Sweden on similar lines released on Monday. The totals (in tonnes)…
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