If You've Got Gold, You've Got Money!
Market stasis coming to an end? by Alasdair Macleod for Gold Money Gold and silver moved sideways over the week with little change. In morning trade in Europe gold traded at $1576, up $5 from last Friday’s close, and silver...
Coronavirus and credit – a perfect storm By Alasdair Macleod for Gold Money This article posits that the spread of the coronavirus coincides with the downturn in the global credit cycle, with potentially catastrophic results. At the time of writing,...
Coronavirus dominates news by Aalsdair Macleod for Gold Money In very quiet trade, gold and silver remained in consolidation mode this week. From last Friday’s close, by morning trade European time gold had drifted $12 lower to $1568, and silver...
Independence and its consequences by Alasdair Macleod for Gold Money Britain left the EU on the last day of January and is an independent nation once more. The new Johnson government is confident that Britain will do well outside the...
Coronavirus – black swan? by Alasdair Macleod for Gold Money It was another quiet week for the gold price, but silver lost out. In morning trading in Europe gold was $1579, up $7 since last Friday, while silver had...
Estimating the shape of the coming crisis by Alasdair Macleod for Gold Money We don’t know what will trigger the crisis, but a likely candidate is foreign selling of US dollars combining with a collapse in the US government’s finances....
Resisting the downside by Alasdair Macleod for Gold Money Gold and silver continued to move sideways this week in a narrow range. Monday was a public holiday in the US, which seems to have set the quiet tone. In European...
Irrational fears of deflation by Alasdair Macleod for Gold Money The benefits of a deflation of prices brought about by a combination of sound money and markets free from government intervention have been demonstrated to be the best economic environment,...
Lull between bulls and bears by Alasdair Macleod for Gold Money Gold moved sideways this week in a tight range. The story for silver was the same, but with a little more volatility, as one would expect. By morning trading...
Why is bank credit so destructive? By Alasdair Macleod for Gold Money “Because your question searches for deep meaning, I shall explain in simple words.” – Dante, Inferno Periodic economic destruction by bank credit is not new. It has been...
Volatility driven by politics by Alasdair Macleod for Gold Money Our headline chart does not capture the volatility this week that was sparked by the assassination of the Iranian Major-General Qasem Soleimani, and the subsequent reprisal. While gold was down...
How to return to sound money by Alasdair Macleod for Gold Money Given the current fiat money system is on a path towards its own destruction it is not surprising that there has been increasing talk of a monetary reset....
Gold roars into the new year By Alasdair Macleod for Gold Money Gold and silver prices rose strongly over the Christmas and year-end break, though volume on Comex was subdued, normal for this time of year. Gold has gained $47...
Gold’s outlook for 2020 by Alasdair Macleod for Gold Money This article is an overview of the economic conditions that will drive the gold price in 2020 and beyond. The turn of the credit cycle, the effect on government deficits...
