Ideas and analysis on money, markets and the world around us.
In a trading week shortened by North America’s Labor Day, gold continued its recent consolidation, while silver weakened towards its recent lows. In early European trading this morning, gold was unchanged from last…
Read the articleMembers of the American libertarian movement, particularly extremist preppers, are often associated with a belief that a complete breakdown in society is the only outcome from government economic policies and will lead…
Read the articleThis week, gold and silver consolidated a recovery from oversold conditions that, in gold’s case, have never been seen before. In early European trade this morning, gold traded at $1206, unchanged on the week, while…
Read the articleWe appear to be at a turning point not only for the dollar, but for all commodity markets, including precious metals, as well. The dollar has yet to reflect properly the enormous monetary expansion of recent years, and…
Read the articleIn the third part of this report we are putting our gold price framework to use. Having identified longer-dated energy prices and real-interest rate expectations as the main drivers for gold prices, we conclude that…
Read the articleAt last, a short-term bottom for gold and silver seems to be forming. This week saw a sharp bounce from record oversold levels, followed by a mid-week pause. In early European trade this morning (Friday), gold was up a…
Read the articleMost people are aware that historically there have been speculative bubbles. Some of them can even name a few – the South Sea bubble, tulips, and more recently dot-coms. Some historians can go even further, quoting the…
Read the articleGold and silver prices crashed this week as financial money flowed into the dollar. Gold was down $35 from last Friday’s close to trade at $1178in early European trade this morning (Friday), and silver was down 60 cents…
Read the articleThis week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge…
Read the articleGold and silver continued recent weakness, with prices stuck in a narrow trading range. Gold Was down $5 in European trade this morning (Friday) from the previous Friday’s close at $1210. Silver is up six cents over the…
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