Ideas and analysis on money, markets and the world around us.
Gold and silver had a torrid week as the bullion banks drove gold under $1800 to force Comex futures’ bulls into closing their positions and to make as many December call options expire worthless as possible. Gold fell…
Read the articleLast week’s Goldmoney article explained the Fed’s increasing commitment to dollar hyperinflation. This week’s article examines the additional issues facing the euro and the Eurozone. More nakedly than is evidenced by…
Read the articleGold and silver consolidated recent gains, drifting lower on the week. Gold lost only $5 from last Friday’s close to trade at $1860 in morning trade in the European time zone, but silver fell 55 cents to $24.75 over the…
Read the articleWith the threat of dollar hyperinflation now becoming a reality it is time to consider what will be required to stabilise the currency, and by extension the other fiat currencies which regard the dollar as their…
Read the articleGold and silver continued their rally this week, following the shock US CPI announcement on 4 November, but in early morning trading in the UK time zone profit-taking appeared. From last Friday’s close gold was up a net…
Read the articleIt is only now becoming clear to the investing public that the purchasing power of their currencies is declining at an accelerating rate. There is no doubt that yesterday’s announcement that the US CPI rose by 6.2%,…
Read the articleThe bullion bank and market makers’ attacks on gold and silver prices (collectively the Swaps on Comex) continued into the first week of the new month, with only seven weeks to go until Basel 3’s net stable funding…
Read the articleThat the post-industrial era of fiat currencies is coming to an end is becoming a real possibility. Major economies are now stalling while price inflation is just beginning to take off, following the excessive currency…
Read the articleGold and silver prices saw further consolidation with gold marginally up and silver marginally down on the week. Gold rose from last Friday’s close by $2 to trade at $1794 by early morning trade in Europe, while silver…
Read the articleThe few economists who recognise classical human subjectivity see the dangers of a looming currency collapse. It can easily be avoided by halting currency expansion and cutting government spending so that their budgets…
Read the article