Ideas and analysis on money, markets and the world around us.
In 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…
Read the articleSince the end of 2015, the chart of gold prices in USD looks like a mirror image to the USD/JPY exchange rate. The often-proposed explanation that both gold and the JPY act as safe haven assets clashes with the fact…
Read the articleWhile the stock market rallies in relief following the recent French election, trouble lingers both above and below the surface. Results of the election are positive for markets and U.S. earnings look bullish; however,…
Read the articleGoldmoney Wealth clients have been net selling all precious metals this week, with gold being the most actively traded. Clients have preferred vaults in London, Zurich, Hong Kong, and Singapore, and have shown less…
Read the articleGold and silver were sold down in the futures market this week, after the first round of the French presidential election last Sunday. We are led to believe the hedge funds were bullish of precious metals because Marine…
Read the article"Already, China dominates world trade. Her own economy is already significantly larger than that of the US on the PPP estimates. While being the largest consumer of raw materials, China also exports more finished goods…
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: Slightly bearish stats but outlook remains for more…
Read the articleGoldmoney Wealth clients have been net selling all precious metals this week, with gold being the most actively traded. Clients have preferred vaults in London and Singapore, and have shown less preference for the…
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