Ideas and analysis on money, markets and the world around us.
Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked indignation,…
Read the articleOur quick take on the WEEKLY SUPPLY ESTIMATES published by the US Department of Energy (DOE) including detailed tables and charts. This week’s highlights: Conclusion: Neutral stats at first sight as stock build was…
Read the articleGold and silver prices moved further ahead this week, with gold up by $21 from last Friday’s opening (Friday was a strong day) to $1287 in early trade this morning (Thursday). [Regular readers of this market report…
Read the articleThe World Economic Forum, in conjunction with Mercers (the actuaries) recently estimated that the combined pension deficit currently stands at $66.9tr for eight countries, rising to $427.8tr in 2050. The eight countries…
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 London, Singapore, and Hong Kong, and have shown less…
Read the articleOur quick take on the WEEKLY SUPPLY ESTIMATES published by the US Department of Energy (DOE) including detailed tables and charts. This week’s highlights: Conclusion: Extremely bearish stats at face value. However the…
Read the articleOur quick take on the WEEKLY SUPPLY ESTIMATES published by the US Department of Energy (DOE) including detailed tables and charts. This week’s highlights: Conclusion: Extremely bearish stats at face value. However the…
Read the articleOPEC is currently in a difficult situation. How should it react to the oil glut that followed the emergence of shale oil technology? In our view, today’s situation is comparable to the oil glut in the 1980s. Back then…
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 London, Singapore, and Hong Kong, and have shown less…
Read the articleApart from some minor profit-taking over the last two days of this week (into early European trade this morning – Friday) the undertone in precious metals has been remarkably positive. The strength appears to be…
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