Ideas and analysis on money, markets and the world around us.
Gold 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 articleOn the back of generally thin Comex trade gold and silver made positive headway this week. In European trade this morning, gold was $1793, up $26 from last Friday’s close, and silver was $24.33, up $1.08 cents. Precious…
Read the articleIn recent years, America’s unsuccessful attempts at containing China as a rival hegemon has only served to promote Chinese antipathy against American capitalism. China is now retreating into the comfort of her…
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