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| Mark O'Byrne - gold.ie |
A beginner's guide to investing in Gold |
One’s motivation for buying gold is fundamental to deciding in which form you should buy it. Are you a speculator, investor or saver? Do you wish to take a short term speculative position in gold? Are you investing for the short, medium or long term? Or are you diversifying, saving or using gold as a form of financial insurance?Wednesday, March 3, 2021 |
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| Robert Blumen |
What Is Key for the Price Formation of Gold |
Robert Blumen discusses some important but widely misunderstood elements acting on the gold price. He explains that frequently cited gold demand statistics have no relationship to the gold price. In addition, he explains that the annual gold mine production is of very little influence, as gold is hoarded, not consumed like other commodities.
Robert Blumen was born in 1964 and grWednesday, January 27, 2021 |
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| Alasdair Macleod - Finance and Eco. |
The origin of cycles |
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 boom and bust, with phases of economic expansion followed by contraction. Workers were employed and then unemployed, and the only way this could be stopped, in Marxian economics, was for the workers to acquire the means of production, or more correctly, the state to do so on their behalf.Other economists, such as Jevons and Wicksell, recSunday, January 24, 2021 |
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| John Butler - Goldmoney |
Financial crisis dynamics, the ‘shadow’ gold demand, and Mene |
The study of financial crises is as old as the economics discipline itself. One of the most prominent theorists of financial crises ever to hold a senior Federal Reserve policy position was John Exter, vice-president of the New York Federal Reserve during the 1950s. Several years ago I co-wrote a series of essays on Exter’s theories together with his sonin- law, Barry Downs. In this paper, building on Exter’s work, including his eponymous ‘pyramid’, I introduce a new ‘hourglass’ framework for unSaturday, November 14, 2020 |
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| Gold coins - Goldmoney |
Gold coins: The Mexican Libertad |
Mexico´s Libertad (Freedom) has been minted by the Mexican Mint “Casa de Moneda de Mexico” since 1981. After the South African Krugerrand and the Canadian Maple Leaf, the Mexican Libertad was the third modern bullion coin on sale at world markets. The gold coin, which is also known as “Onza”, is now one of the world’s top-selling coins. From 1981 to 1991 the Libertad had a purity of 90% (.900). As of 1991 the Mexican Mint increased the purity to 99.9 percent (.999).Saturday, October 24, 2020 |
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| Hugo Salinas Price - Plata.com |
Opening the mint to gold and silver - then and now |
Some people think that one of the fundamental institutions of the 19th century should be restored; I will single out Great Britain as the great leader embracing this institution.
This institution was the free minting of gold practiced by Great Britain in its heyday of growth, world economic and financial power. Under this system, any owner of gold bullion could take his bullion to the Royal Mint and have it minted into coins containing the same amount of gold as provided to the Mint by the owner of the bullion delivered. This was done at no cost to the owner of bullion as a government service to the economy.Saturday, September 5, 2020 |
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| Dan Popescu - GoldBroker |
Above-ground Gold Stock - How Much Is There and Why Does it Matter |
To understand the price of gold, the relevant supply is the total supply, not the new supply coming to market during the last year, week or month. The supply of gold consists of all of the supply that exists, and the relevant demand is the total demand, not the new demand coming to market during any year. For gold, there is always a large stockpile, and it never gets smaller. The vast majority of all the gold mined throughout human history still exists and is held either in bars, coins, or jewelTuesday, September 1, 2020 |
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| Alasdair MacLeod - Goldmoney |
The purpose of market intervention |
Interventions inmarkets bygovernments and centralbanks are routine andwetakethem forgranted. No one questionsthem, buttheycancreatedangerousdistortions.Theirreason forinterveningis totakepricedeterminationawayfrommarkets andconsumers.
Theauthorities andbig business do notlikeleavingprices to freemarketsbecauseprices are subjective: inotherwords,prices aredecided by thedesires of theconsumer and not thecost of production.Thursday, August 20, 2020 |
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| Gold Coins - Goldmoney |
Gold coins: The Vienna Philharmonic |
The Vienna Philharmonic has been minted by the Austrian Mint "Münze Österreich AG" since 1989. After Great Britain, Austria was the second state in Europe to start producing an official gold coin. Until 1991 the coin was minted in one ounce and quarter ounce versions. Due to the great sales success, a tenth-ounce coin was released in 1991, which was followed by a half-ounce in 1994.Friday, July 17, 2020 |
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| John Butler - Goldmoney |
A banker for all seasons: the life and times of John Exter – champion of sound money |
The following is an introduction to a series of essays GoldMoney will be publishing, written by John Butler and Barry Downs, looking at the life and times of John Exter – leader in the fight against Richard Nixon, Alan Greenspan and the debasement of the US dollar. The source material for these essays includes John Exter's collected papers and works; the personal experiences, diary entries and recollections of the author; and interviews with former colleagues, friends and family of John Exter's.Saturday, July 4, 2020 |
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| Mish - Global Economic Analysis |
How Much Gold Should Someone Own Where and How To Own It |
Periodically I receive questions on gold ownership. How much should one own, and where?
Let's start with the first question:
How Much Gold Should Someone Own?
There is no fixed answer, but rather a general methodology that I like:
Do not invest outside your comfort zone.
Think in terms of percentages, not fixed amounts.
For some, 10% is too much, for others 30% is too little.
Some do not trust anything else and are willing to hold a huge percentage of their assets in gold
If a 30% declineTuesday, June 23, 2020 |
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| Alasdair Macleod - Finance and Eco. |
Understanding money and prices |
This article explains the money side of prices, and why government currencies, unbacked by gold, are doomed to collapse. And why gold, which is the sound money chosen by markets throughout history, will retain or increase its purchasing power measured in the goods it buys over the coming years.Very few people have a full understanding of the relationship between money and goods. This is the relationship that sets prices. Yet, without that understanding, central banks will almost certainly fail iWednesday, June 3, 2020 |
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| Chris Powell - GATA |
State Dept. memo explains U.S. policy to drive gold out of financial system |
A long memorandum written in March 1974 by a U.S. State Department official for Secretary of State Henry Kissinger and copied to future Federal Reserve Chairman Paul Volcker, then the Treasury Department's undersecretary for monetary affairs, describes the desire of the United States and its options to prevent European countries from increasing the use of gold in the international financial system.
The memo, titled "Gold and the Monetary System: Potential U.S.-E.C. Conflict," was recently discovWednesday, April 15, 2020 |
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| Mark O'Byrne - gold.ie |
Buy Silver And Sell Gold Now |
– Buy silver and sell gold now – Frisby– Gold should cost 15 times as much as silver– Silver might have disappointed in short term – But it’s time to buy
– Editor’s note: Silver has outperformed stocks, bonds and gold over long term (see table)
For those of you with busy schedules who like to see arguments made in 280 characters or less, let me come straight to the point: the time has come to sell your gold and buy silver.
Got that?
Right. Now, those of you who are interested to know why I wouSaturday, March 17, 2018 |
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| Alasdair Macleod - Finance and Eco. |
The egregious errors of static statistics |
The measure of a man's real character is what he would do if he knew he would never be found out. Lord Macaulay wrote this nearly two hundred years ago. His aphorism is particularly apposite of modern politicians, and also of the modern state itself, which is meant to be selfless in the interest of the common good. We can be certain that when a person moves from outside to inside the machinery of the state, he or she changes from representing the people to representing the state. Presumably therFriday, March 16, 2018 |
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| Alasdair Macleod - Finance and Eco. |
Trade Wars |
An overt trade war has commenced. President Trump has fired the starting gun, setting in motion an election promise, part of his Make America Great Again undertaking. It is a blow squarely aimed against China, costing China some trade perhaps, but basically a loser’s last roll of the dice.The back story appears to be far deeper than some relatively minor tariffs on steel and aluminium would suggest. It comes after a prolonged period of shadow-boxing between America in the blue corner and Russia Friday, March 9, 2018 |
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| Chris Powell - GATA |
Alasdair Macleod: The yuan oil futures contract's implications for gold |
In a three-minute video posted at YouTube yesterday, GoldMoney research director Alasdair Macleod explains the connection between gold and the oil futures contract priced in yuan that China will begin offering on March 26. The contract, Macleod explains, is part of the general movement away from the U.S. dollar by China, Russia, and other Asian countries. The video is headlined "Oil-Yuan Futures to Start Later in the Month -- Implications For Gold" and can be seen here:
https://www.youtube.com/Saturday, March 3, 2018 |
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| Chris Powell - GATA |
Alasdair Macleod: Currency exchange value dynamics |
GoldMoney research director Alasdair Macleod writes today that the world reserve currency could collapse faster than anyone expects and that such a day may be close than anyone expects.
"The prospects for the dollar are already deteriorating," Macleod writes. "The U.S. budget deficit is escalating at the most inappropriate stage of the credit cycle, leading in turn to increasing U.S. trade deficits, and therefore net selling of yet more dollars on the foreign exchanges.
"Government funding thFriday, March 2, 2018 |
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| Alasdair Macleod - Finance and Eco. |
Currency exchange value dynamics |
In a recent article[i] I postulated that the dollar could lose all its purchasing power with a rapidity that will come as an unpleasant bombshell, even to those who already see inflation as society’s greatest problem in the future. The key to understanding why this may be so lies in human reactions to the monetary consequences of the next credit crisis. The undermining of the dollar as a currency affects all other fiat currencies, because it is the reserve currency and all financial markets use Thursday, March 1, 2018 |
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| Chris Powell - GATA |
Silver deeply in backwardation and on verge of breakout, Turk tells KWN |
GoldMoney founder and GATA consultant James Turk, interviewed today by King World News, says silver is deeply in backwardation and seems to be on the verge of breaking up and out against the longstanding price suppression. The interview is posted at KWN here:
https://kingworldnews.com/james-turk-war-raging-silver-market/Tuesday, February 27, 2018 |
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