Ideas and analysis on money, markets and the world around us.
..."Relations between N Korea and China have deteriorated in recent years, and the only leader the Korean dictator will listen to is Putin. But America has burned bridges over Syria, so there seems no alternative to the…
Read the articleWith sound money and free markets, the evolving production of businesses increases the purchasing power of money over time. We learn, out of the blue, that “the Eurozone is performing well, but with opinions divided on…
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: bullish Large total petroleum draw of 4.7mb at a…
Read the articleThe missile strike is being presented as a one-off action, just like the others. Trump has gone native. Gold and silver prices hardly moved most of the week, maintaining a firm undertone in quiet trade, until last night…
Read the articleThis article identifies the headwinds faced by the EU in the wake of Brexit. Without the UK, not only does the EU lose much of its importance on the world stage, but the Commission’s budget is left with an enormous…
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: Small build in total petroleum stocks of 1mb, lower than…
Read the article"Gold reached a one-month high of $1,261 on safe-haven buying interest. Economic data from the U.S. released later in the week saw consumer confidence at a 16-year high and house prices up by 5.9%, hitting a 31-month…
Read the articleGiven it was option expiration on Comex this week, gold and silver performed well. One would have expected the takers to mark prices down to make as many call options as possible expire worthless. As it was, gold traded…
Read the articleAnd why Britain should succeed in the negotiations This is the week that Article 50 of the Lisbon Treaty was triggered, and the two years of negotiation between the UK and the EU commenced. Following this period, the UK…
Read the articleGold and silver continued their rally this week, with Tuesday an especially strong day. Initially, gold was marked down to $1228 before buyers stepped in, and on heavy futures volume the price rose to $1247. Comex open…
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