Ideas and analysis on money, markets and the world around us.
The hyperinflation of a currency is typically described as an event, as if one day everything is normal and then the next day hyperinflation is manifest throughout the economy. This description explains, for example,…
Read the articleThis week it transpired that the fall in gold and silver prices achieved the desired effect of shaking some of the bulls out of their positions. This week it transpired that the fall in gold and silver prices achieved…
Read the articleGold and silver have staged a decent comeback over the last couple of days, with gold up by around $40 since Wednesday, while silver yesterday recorded its strongest one-day price gain for 15 months – gaining more than…
Read the articleAfter the white-knuckle ride of the last week and a bit, the gold market appears to have calmed somewhat in recent days. The price is no longer falling by triple-digit amounts in single sessions, or gaining significant…
Read the articleI have found over the span of my 45-year business career that very few axioms remain unchanged over time. What may have been considered as undeniable truths in one decade are often seen as pure folly in the next. One…
Read the articleThe following is a transcript of the "Adam Smith Lecture" I gave at a private gathering in London on 19 February. For a long time governments have been redistributing peoples’ income and wealth in the name of fairness.…
Read the articleThe gold price has corrected sharply over the last couple of trading days – breaking the strong support zone at $1,550-1,525/oz and heading straight for the next significant technical support point at $1,300. The…
Read the articleThe ability of a business to maintain accurate and meaningful accounts is undermined by the debasement of the accounting medium, fiat currency. Understand this and you understand the corrosive effects of weak money.…
Read the articleGoldMoney founder and chairman James Turk was on the Keiser Report yesterday. Covering the second half of the show, James and Max talk about all things money, including gold, Bitcoin and currency wars. They also dive…
Read the article“We have always had a position in gold. When you think about the largest central banks in the world, they have all moved to unlimited printing ideology. Monetary policy happens to be the only game in town. I am…
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