Ideas and analysis on money, markets and the world around us.
The 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…
Read the articleUS M3 growth has ground to a halt in February, dropping to just under $15.1 trillion. The Fear Index has also retreated slightly to 2.78%, while its 21-month moving average remains at 2.99%, perhaps a pause for breath…
Read the articleThe slide in precious metal prices has done much to undermine investor confidence, yet the indications are that demand for the physical metals remains strong. This leads many observers to comment that paper gold and…
Read the articleThe sell-off in precious metals gathered pace this week into what is often called capitulation. Money-managers (hedge funds) cut their long gold positions on Comex by 19,044 contracts in the week to Tuesday, 26 March.…
Read the articleAs said countless times before on this site, QE is permanent. There is no way that central banks like the Fed, Bank of England and others can reverse their expansionary policies or engineer a neat “exit” without tipping…
Read the articlePrecious metals analyst Bill Haynes raised an interesting point recently on King World News. Imagine that in 2005 you told your peers and colleagues about some of the events that we would witness in the next decade.…
Read the articleThe thinking behind GoldMoney’s business model was that there might come a time when prudent savers would want to protect themselves from the twin risks of a global banking crisis and a loss of purchasing power of paper…
Read the articleAlmost certainly prices for goods in Cyprus will rise as a result of its banking crisis, because the imposition of capital controls will restrict imports, leading to supply bottlenecks. In addition residents will no…
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