Ideas and analysis on money, markets and the world around us.
Few investors are interested in major upheavals facing global finances. Disinterest in summer is normal, but this is a time of maximum danger to personal wealth. It is a fact that after 55 years of this fiat currency…
Read the articleSome analysts tell us that gold goes down in war. This is rubbish. Otherwise, why would countries in the past have suspended their gold standards at wartime? There are some specious arguments being advanced for the…
Read the articleIn the fog of war, truth is the casualty. Gold and silver prices will reflect uncertainty over outcomes. All that traders know for now is that bond yields might rise further. Well-informed analysts who follow…
Read the articleGoodbye to Western paper. Moving in plain sight, China has set up a new market in Hong Kong ready to take over from London and New York when the dollar dies. First, let’s look briefly at what happened to gold in the…
Read the articleTrading conditions on Comex suggest that gold and silver bears are about to be squeezed — potentially viciously. If so, then prices measured in fiat currencies have bottomed. Let’s start with gold. This week, the price…
Read the articleWe are into contract expiry on Comex again. Silver’s active July contract settles on Monday. Option expiry was yesterday. Are we now about to see gold and silver prices recover? It has been a long slog lower with silver…
Read the articleThey want your gold and silver, and they use every psychological trick to get you to hand them over! The sell-off in gold and silver continued this week, doubtless with the establishment’s paper shorts eying up the…
Read the articleCurrencies are debased during and after wars, because government spending goes through the roof not just due to defence spending but also because of the economic consequences. Financial markets, particularly in North…
Read the articleOver the last six months, gold and silver are barely changed. Investors are losing patience. It’s time to stand back and examine the big picture and ignore short-term sentiment. As our introductory chart shows, gold and…
Read the articleAs China buys up the bullion, the relevance of paper markets on Comex (and London) is shrinking. Liquidity and relevance of paper gold and silver relative to bullion are diminishing. This market report analyses why open…
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