Money derivative creation in the modern economy
byIt isn’t often that a Bank of England Quarterly Bulletin starts “A revolution in how we understand economic policy” but, according to some, that…
“Everything we are told about deflation is a lie”
by“The European Central Bank has given its strongest signal yet that it is prepared to embrace quantitative easing to prevent the euro zone from…
Renewed estimates of Chinese gold demand
byEditor’s note: This article was previously published here at Goldmoney.com. It is republished with thanks. Geopolitical and market background I have been revisiting estimates…
Are economic sanctions behind a possible recession in Russia?
byAccording to commentators, sanctions imposed by the US and the European Union are pushing Russia towards a recession. However, we hold that some key…
Lured by plausible nonsense
by“One of the peculiar sins of the twentieth century which we’ve developed to a very high level is the sin of credulity. It has…
Gold price fix: enter the lawyers
byFirst we had a glut of gold. “We Buy Your Gold” on every street corner. Then the accusations of price rigging (having a “spot…
Eggs in two baskets
bySupporters of sound currency have a pretty good idea about what’s wrong with the present paper currency and banking arrangements. They also have clear…
More Bread and Circuses
byEditor’s note: We’re grateful to Tim Price of PFP Group for this article. PFP has made this document available for your general information. “Lower…
Amazon Prime cheaper in commodity terms
byIncoming from Dave Doctor at Monetary Choice: The dollar price of Amazon Prime, the two-day delivery program for Amazon, rises on April 17th to $99,…
On the subject of free trade and world peace
byRichard Cobden was renowned for his role in the Anti-Corn Law League, campaigning against import tariffs. He was also a champion of the idea…