Ideas and analysis on money, markets and the world around us.
Gold and silver peaked on Monday, when much of Europe (including London) was closed for the Easter Monday holiday. Prices then eased to a low point mid-week before moving sideways. Gold peaked at $1295.5 before trading…
Read the articleAbstract America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s…
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 Zurich, London, and Hong Kong, and have shown less preference for…
Read the article..."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…
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