Ideas and analysis on money, markets and the world around us.
This week saw heavy falls for precious metals, with gold losing $79 from last Friday’s close to trade at $1871 in early morning UK time today, and silver was hammered $3.65 to $23.14 over the same period. Gold has…
Read the articleThis article examines two inflationary experiences in the past in an attempt to predict the likely outcome of today’s monetary policies. The German hyperinflation of 1923 demonstrated that it took surprisingly little…
Read the articleAs our headline chart shows, this week gold and silver continued its sideways drift in a narrowing trading range. On the week, gold rose by $15 to trade at $1954 in early morning European trade today, and silver was…
Read the articleIn the wake of the Fed’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed its policy of importing industrial materials to a more aggressive stance. In…
Read the articleIn quiet trading, gold and silver drifted sideways this week in a tight trading range. In European morning trade gold edged up $13 on the week to $1945 while silver fell 4 cents to $28.82. Encouraging this torpor was…
Read the articleThere can be little doubt that macroeconomic policies are failing around the world. The fallacies being exposed are so entrenched that there are bound to be twists and turns yet to come. This article explains the…
Read the articleGold and silver drifted lower this week in moderate volumes for Comex gold and low volumes for silver. This morning in Europe gold traded at $1935, down $29 on the week, and silver was $26.70, down $1.35. This…
Read the articleIf you think that price inflation runs at about 1.6% you have fallen for the BLS’s CPI myth. Two independent analysts using different methods — the Chapwood Index and Shadowstats.com — prove that prices are rising at a…
Read the articleThis week gold and silver continued to consolidate bull market gains. In morning trade in Europe gold traded at $1958, up $17 on the week and on the same timescale silver rose 88 cents to trade at $27.58. The screenshot…
Read the articleSocialism has moved on from the Marxist version of the state owning the means of production to one whereby production remains in the hands of individuals but are heavily regulated — echoing Mussolini’s fascist-socialist…
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