Author: Gold Money

Market Report: Second covid wave bites

Market Report: Second covid wave bites By Alasdair Macleod for Gold Money Gold and silver lost most of last Friday’s strong rally during Monday and Tuesday before recovering some of their losses subsequently. In European morning trading today, gold was...

Hyperinflation is here

Hyperinflation is here By Alasdair Macleod for Gold Money Definition: Hyperinflation is the condition whereby monetary authorities accelerate the expansion of the quantity of money to the point where it proves impossible for them to regain control. It ends when...

An inflection point beckons

An inflection point beckons by Alasdair Mackleod for Gold Money Gold and silver continue to consolidate in a narrow range this week, with gold up $16 on balance at $1914 in morning London trade, and silver up 26 cents at...

Market Report: Trump tests positive for covid

Market Report: Trump tests positive for covid By Alasdair Macleod for Gold Money Precious metals rallied this week, with gold up $50 to $1910 in early morning trade in London, while silver rose $1 to trade at $23.86. It appears...

The emerging evidence of hyperinflation

The emerging evidence of hyperinflation by Alasdair Macleod for Gold Money Note: all references to inflation are of the quantity of money and not to the effect on prices unless otherwise indicated. In last week’s article I showed why empirical...

Rescuing the bullion banks

Rescuing the bullion banks by Alasdair Macleod for Gold Money This week saw heavy falls for precious metals, with gold losing $79 from last Friday’s close to trade at $1871 in early morning UK time today, and silver was hammered...

Lessons on inflation from the past

Lessons on inflation from the past By Alasdair Macleod for Gold Money This article examines two inflationary experiences in the past in an attempt to predict the likely outcome of today’s monetary policies. The German hyperinflation of 1923 demonstrated that...

Sideways in quiet trade

Sideways in quiet trade by Alasdair Macleod for Gold Money As our headline chart shows, this week gold and silver continued its sideways drift in a narrowing trading range. On the week, gold rose by $15 to trade at $1954...

China is killing the dollar

China is killing the dollar by Alasdair Macleod for Gold Money In the wake of the Fed’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed its policy of importing...

PMs and the commodity story

PMs and the commodity story By Alasdair Macleod for Gold Money In quiet trading, gold and silver drifted sideways this week in a tight trading range. In European morning trade gold edged up $13 on the week to $1945 while...

Inflation, deflation and other fallacies

Inflation, deflation and other fallacies By Alasdair Macleod for Gold Money There can be little doubt that macroeconomic policies are failing around the world. The fallacies being exposed are so entrenched that there are bound to be twists and turns...

Awaiting developments…

Awaiting developments… by Alasdair Macleod for Gold Money Gold and silver drifted lower this week in moderate volumes for Comex gold and low volumes for silver. This morning in Europe gold traded at $1935, down $29 on the week, and...

Inflation — running out of road

Inflation — running out of road By Alasdair Macleod for Gold Money If you think that price inflation runs at about 1.6% you have fallen for the BLS’s CPI myth. Two independent analysts using different methods — the Chapwood Index...