A wider perspective.

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

Firm undertone despite contract expiry

Gold and silver prices reflect relentless demand from China and Asia, who are simply getting out of dollars. Normally at contract expiry, gold and silver prices get smashed as call options are driven into worthlessness…

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Think inflation is done? Think again!

A lethal combination of budget deficits and trade sanctions are going to be reflected in increasing price inflation for the US. And where the US goes, the rest of us follow. In this article I focus on two reasons why…

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Bullion prices pause…

This pullback in prices might provide the best opportunity buy gold and silver before China’s continuing demand drives them far higher. Gold and silver corrected sharply this week, with gold down $85 from last Friday’s…

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Gold and silver’s inflection point

For decades goldbugs have bemoaned that paper markets control and suppress gold and silver. Many of them have yet to realise it, but London forwards and Comex futures no longer set the price. It is increasingly set by…

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Will silver be next?

There has been an enormous squeeze on the Comex copper contract, driving it to unheard of premiums against London and Shanghai. Similar conditions could be ahead for silver. Gold and silver continued to rally this week,…

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We are all zombies now

For decades, all G7 nations and more besides have prevented the creative destruction upon which economic progress depends. Whole countries are now zombified. The consequence is soaring, unproductive debt both in public…

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Bear squeeze in silver and gold resumes

Gold and silver had a better week, with gold up $67 from last Friday’s close at $2369 in European trading this morning, and silver at $28.60 up $2.10 over the same time frame. There was a little more volume in the Comex…

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Gold and silver finding a base

Massive Comex silver deliveries: does this indicate a scramble for metal? And are the silver short positions spiralling out of control? Gold and silver consolidated this week, with gold testing support at $2300 and…

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Putting gold on a blockchain

In conjunction with the LBMA, the World Gold Council is promoting blockchain technology as a means of identifying and tracking the sourcing of gold, its refining, and subsequent ownership. Is this a good idea? Two years…

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