Holding Gold & Silver is Holding Wealth
Money and statistical delusions By Alasdair Macleod for Gold Money I can prove anything with statistics, except the truth — Lord Canning, c. 1819 Does Canning’s aphorism still hold true, given that data collection and statistical analysis have progressed beyond...
Month-end sell-off by Alasdair Macleod for Gold Money After a strong performance on Monday, gold and silver prices traded lower as the March contracts on Comex expired. By this morning’s trading in the European time zone gold had lost a...
Monetary inflation: the next step By Alasdair Macleod for Gold Money Earlier this month the US Treasury released its plan to flood the financial system with cash by reducing its balance on its general account at the Fed by $1.229...
Gold and silver diverge By Alasdair Macleod for Gold Money As our headline chart illustrates, gold and silver appear to be going their separate ways, with gold drifting lower while silver gradually ticks higher. This week, gold fell $51 from...
The future of money is gold By Alasdair Macleod for Gold Money This article explains why the successor money to failing fiat is gold, not cryptocurrencies. Cryptos can only act as stores of value so long as fiat exists. I...
Gold listless while silver steadies by Alasdair Macleod for Gold Money Gold and silver moved sideways this week, first rallying slightly before drifting lower from mid-week onwards. In the wake of the Robinhood/Reddit excitement of the previous week, silver...
Crazy days for money by Alasdair Macleod for Gold Money This article anticipates the end of the fiat currency regime and argues why its replacement can only be gold and silver, most likely in the form of fiat money turned...
Gold and silver slammed By Alasdair Macleod for Gold Money Gold and silver fell this week in exceptionally volatile conditions for silver. Following the small investor’s rebellious attempt to take out the silver establishment, the silver price rose to over...
The rapidly failing EU By Alasdair Macleod for Gold Money It is not widely realised that the EU concept is on its last legs. The bureaucratic inefficiencies and bad leadership were fully exposed last week over the inability of the...
Gold Price Framework Update – the New Cycle Accelerates by Alasdair Macleod for Gold Money Gold prices rallied 25% in 2020 after having gained 19% the year before. We believe this marks still only the beginning of the current golds...
Biden stimulus by Alasdair Macleod for Gold Money This was the week President Biden took office, with the promise of MMT-style economic stimulus. Gold and silver reacted by recovering some of the previous week’s falls. From last Friday’s close, gold...
Keynesians going all in By Alasdair Macleod for Gold Money Mainstream economists are celebrating Joe Biden’s election as US President. For Keynesians, the outlook is for a reaffirmation of economic management by the state, and of reflationary monetary policies to...
Rising bond yields by Alasdair Macleod for Gold Money Gold and silver had a quiet week, moving sideways after last Friday’s sudden fall. In morning trade in the European time zone, gold traded at $1854, up $5 from last Friday’s...
The destructive force and failure of QE by Alasdair Macleod for Gold Money This article concludes that quantitative easing as a means of stimulating economies and financing government deficits will fail. The underlying assumption is that the transmission of additional...
