Ideas and analysis on money, markets and the world around us.
It’s an exciting week for “Fedologists” – those successors to the Kremlinologists of the Cold War, who made a living out of analysing what Soviet central planners were up to. Today’s American central planners at the Fed…
Read the articleThe price of gold continues to oscillate between $1,370 and $1,400 per troy ounce, still unable to break higher, but also finding significant support a good 4% above the April minimum. Similarly silver seems to be…
Read the articleUp until the late 1960s, it was considered prudent for everyone to have some savings. By forgoing consumption, savings gave the ability to consume more at a later date through the accumulation of interest income. This…
Read the articleBoth Keynesians and monetarists believe that increased government spending, or more money injected into the economy, is sometimes necessary. The intervention is in the form of unfunded government spending, artificially…
Read the articleUS M3 rose above $15.1 trillion in April, however monetary growth seems to have slowed down significantly over the past 3 months, despite the Federal Reserve’s continuing to inject over $85 billion a month as part of…
Read the articleThe price of gold is hovering just under $1.400 per troy ounce as it consolidates well above its April low of $1.321 per ounce which set the bottom and the current support level. The major resistance level is now at…
Read the articleIt is clear that Western capital markets no longer generally regard gold as money. It has been relegated to the status of a risk asset, useful collateral, or simply a commodity with a history of being used as money.…
Read the articleThis week the focus has been on Japan, where “Abenomics” is beginning to bite in ways unexpected by the Japanese authorities. Confidence in both bond and equity markets was destabilised, as investors digested the…
Read the articleThe following is GoldMoney contributing author Felix Moreno's interview with famed investor Jim Rogers. We hope you enjoy it. Félix Moreno: Please tell us about your new book, Street Smarts . What was your motivation…
Read the articleGreg Hunter of USAWatchdog interviews James Turk on the current goings on in the gold and silver markets. James argues that the current mismatch between the strong demand we’re seeing in the physical market versus the…
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