Ideas and analysis on money, markets and the world around us.
This week, gold and silver consolidated at established support levels after their recent slide, having recently tested the $1350 and $16.20 respective supply levels. In European trade this morning (Friday) gold was…
Read the articleIntroduction and summary The monetary, financial and political weaknesses of the EU are about to be exposed by the forthcoming global credit crisis. This article assumes the combination of end of credit cycle dynamics…
Read the articleGold and silver’s sell-off stabilised this week after their recent unsuccessful challenge at overhead supply at $1350 and $16.20 respectively. The previous Friday gold lost $20 to $1293 and fell a further $12 at the…
Read the articleThe explanation for the sudden halt in global economic growth is found in the coincidence of peak credit combining with trade protectionism. The history of economic downturns points to a rerun of the 1929-32 period, but…
Read the articleGold and silver lost ground this week under the influence of options expiry on Comex. Gold fell $19 from last Friday’s close to trade at $1308 in early European trade this morning (Friday, 1 March) and silver lost 40…
Read the articleThe fiat money quantity is comprised of fiat money both in circulation and available for circulation, being parked at the central bank in the form of the reserves of depository institutions. The expansion of US$ FMQ…
Read the articleGold rose strongly towards the $1350 supply level, before backing off on Wednesday afternoon EST on the FOMC statement. From last Friday’s close, gold was up a net $1 at $1322 by early European trade this morning,…
Read the articleGoldmoney’s leadership team - Roy Sebag, James Turk, Alasdair Macleod, John Butler and Stefan Wieler were joined by a special guest, Ned Naylor-Leyland of Merian Global Investors at the Royal Society in London on…
Read the articleThis article makes the obvious point that a return to a gold standard is the only way nations can contain the interest cost of servicing debt, given the alternative is inflationist policies that can only lead to far…
Read the articleGold and silver had another week of consolidation, with gold up $3.00 at $1317.50 from last Friday’s close in morning European trade. Silver however, lost 12 cents to stand at $15.70. This week’s headline chart has been…
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