Ideas and analysis on money, markets and the world around us.
The greatest strength of a truly free market economy, where money is sound and does not corrupt prices, is the absence of cyclical action. With sound money, and consumers deciding for themselves their wants and…
Read the articleGoldmoney Wealth clients have been net buying all precious metals this week, with gold being the most actively traded. Clients have preferred vaults in London, Zurich, Toronto, and Hong Kong, and have shown less…
Read the articleGold and silver found temporary bottoms this week, with gold little changed from last Friday’s close of $1229.4 at $1228 in early European trade this morning (Friday). Silver fared slightly better, rising from $16.34 to…
Read the articleThis article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will 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: We have seen very bullish stats for a number of…
Read the articleGoldmoney Wealth clients have been net selling all precious metals this week, with silver being the most actively traded. Clients have preferred vaults in London, Zurich, and Hong Kong, and have shown less preference…
Read the articleGold and silver declined sharply this week against a background of carnage in commodity markets, driven by Chinese liquidation of base metals. Gold fell from $1268 at last Friday’s close to trade at $1233 in early…
Read the articleIn this report, we look at Canadian dollar movements through the lenses of our real-interest rate, long-dated energy price framework for currency. Just as we found in our gold price model , we find that the CADUSD has a…
Read the articleThis article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of…
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: Reversal of last weeks slightly bearish stats. Only…
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