Author: Gold Money

silver gold

The importance of randomness

The importance of randomness by Alasdair Macleod – GoldMoney 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...

silver gold

Update on Brexit

Update on Brexit by Alasdair Macleod – GoldMoney This 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...

silver gold

China unwinds WMPs

China unwinds WMPs by Alasdair Macleod – GoldMoney Gold 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...

French election prompts correction

French election prompts correction by Alasdair Macleod – GoldMoney Gold 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...

silver gold

End of empire

End of empire by Alasdair Macleod – GoldMoney “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...

silver gold

Fear taking over

Fear taking over by Alasdair Macleod – GoldMoney …”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...

silver gold

Trump goes native over Syria

Trump goes native over Syria by Alasdair Macleod – GoldMoney The 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...

silver gold

Dollar under attack

Dollar under attack by Alasdair Macleod – GoldMoney Given 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...

Gold Holds through Historic Divorce Proceedings

Gold Holds through Historic Divorce Proceedings by Rachel Stonier for Gold Money “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...

silver gold

Brexit triggered

Brexit triggered by Alasdair Macleod for GoldMoney 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 formally leaves...

silver gold

Why free trade is officially dead

Why free trade is officially dead by Alasdair Macleod for GoldMoney G20 Finance ministers meeting in Baden Baden last weekend agreed, on America’s insistence, to drop the long-standing commitment to free trade from the final communiqué. It is hard to...

Gold Surges as the Fed Appears Dovish

Gold Surges as the Fed Appears Dovish by Rachel Stonier for Gold Money Ordinarily, a rise in U.S. interest rates would see the U.S. dollar climb and gold fall….so what happened that saw gold surge and the dollar plummet on...

silver gold

Turning the corner

Turning the corner by Alasdair Macleod for Gold Money The long-awaited event of the week was the Fed raising the Fed funds rate by ¼%. Everyone knew it was coming, and what it would be. The market effect was a...

silver gold

Waiting on the Fed

Waiting on the Fed by Alasdair Macleod for Gold Money Gold and silver continued to decline over the week, along with base metals and oil. Gold fell $40 from last Friday’s close to $1195, and silver by 112 cents to...

Silver price framework: Both money and a commodity

Silver price framework: Both money and a commodity by Stefan Wieler for Gold Money Silver price framework: Both money and a commodity In this paper, we introduce a framework for understanding the formation of silver prices. Silver is both money...

The fateful date

The fateful date by Alasdair Macleod for Gold Money Caesar: What sayest thou to me now? Speak once again. Soothsayer: Beware the ides of March. Caesar: He is a dreamer; let us leave him: pass. This famous advice, according to...

silver gold

Silver hammered

Silver hammered by Alasdair Macleod for Gold Money Gold and silver declined over the week, though their paths differed. Gold peaked in the early hours of Monday, briefly spiking above $1260. Silver peaked at the same time, but maintained the...

silver gold

Central banks and gold

Central banks and gold by Alasdair Macleod for Gold Money The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial...

Gold Retains its Attractive Shine

Gold Retains its Attractive Shine by Rachel Stonier for Gold Money “Better-than-expected U.S. economic data indicating a continued tightening of the U.S. labour market saw gold experience some intra-day volatility at the start of the week as it moved down...

silver gold

Making headway in better volume

Making headway in better volume by Alasdair Macleod for Gold Money In early European trade this morning, gold was trading at $1254, up $19 since last Friday’s close. Silver was at $18.26, up 27 cents on the same timescale. Gold...

silver gold

Global (economic) warming

Global (economic) warming by Alasdair Macleod for Gold Money If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and...

Hey ho, and up she rises….

Hey ho, and up she rises…. by Alasdair Macleod for Gold Money The Trump administration is running into choppy waters, commodity prices are on the up, and inflation is around the corner. After a slow start, gold and silver resumed...

silver gold

The origin of cycles

The origin of cycles by Alasdair Macleod for Gold Money It was Karl Marx who was among the first believers that cyclical behaviour was endemic to free markets. He lived through a time when there was a regular cycle of...

Goldmoney Roundtable Discussion: James Turk, Roy Sebag, Alasdair Macleod and John Butler (Video)

Goldmoney Roundtable Discussion: James Turk, Roy Sebag, Alasdair Macleod and John Butler (Video)

Goldmoney Roundtable Discussion: James Turk, Roy Sebag, Alasdair Macleod and John Butler Video As has become tradition, the Goldmoney leadership team, comprising over a century of practical, diversified financial experience, discuss their outlook for 2017 and beyond. Topics include historically...

silver gold

Attrition for the bears

Attrition for the bears by Alasdair Macleod for Gold Money Since President Trump won the Presidency, the dollar has risen strongly, but doubts are now entering investor’s minds. In the first three days of this week, precious metal prices rose,...

silver gold

Gini and monetary policy

Gini and monetary policy by Alasdair Macleod for Gold Money Or how central bankers are ducking the wealth transfer issue Central banks must be increasingly aware that critics of monetary policy are getting some traction in their arguments, that not...