Ideas and analysis on money, markets and the world around us.
We are told by Shakespeare: “Neither a borrower nor a lender be.” Is it good advice? Like so many things in life, the answer is - it depends. Individuals are different, and what is right for one person may not be…
Read the articleGoldmoney clients have been net selling all precious metals this week, with gold and silver being the most actively traded. Clients have preferred vaults in Zurich, London, Singapore, and Hong Kong, and have shown less…
Read the articleGold and silver consolidated recent rises this week. On closing prices, gold barely moved from last Friday’s close, standing at $1269.50 in early European trade this morning. Intraday, prices were range-bound, capped in…
Read the articleSince 2009, equities and other financial assets have climbed a wall of worry. Initially, it was recovery from the threat of a complete financial collapse, before the Fed saved the system once again. Systemic collapse…
Read the articleConclusion: Neutral stats but impressive nevertheless given that we expected some reversal from the last 3 weeks extremely bullish reports. WE continue to expect larger draws going forward Total petroleum stocks built…
Read the articleGold and silver both edged up over the week, reflecting a firm undertone. Gold was up $4.50 from last Friday’s close at $1259 in early European trade this morning, and silver was up four cents at $16.56. On the year so…
Read the articleThe purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. Next time you hear an economist make a prediction on mainstream media, your…
Read the articleConclusion: Very bullish stats. We are three weeks into July and already drew 23.5mb, 36mb more than normal. We continue to expect larger draws in the remainder of 2H17 Total petroleum stocks drew 9.5mb,13.3mb more than…
Read the articleGoldmoney clients have been net buying all precious metals this week, with silver being the most heavily traded. Clients have preferred vaults in Zurich, London, Singapore, and Toronto, and have shown less preference…
Read the articleGold and silver recovered well this week, continuing a rally which is now two weeks old. Gold, priced in dollars, rose by another $13 to $1247.50 in early European trade this morning (Friday), up $31 from the lows of 7…
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