Blog
Algorithms, Confidence Games and the Fragility of Big Narratives
Every era has its preferred prophets. In the 1920s it was journalists urging households to buy stocks on margin. More recently it was the cryptocurrency evangelists who promised a future where you could buy bitcoin or a banana with the same keystroke. Today we have traded tarot cards for algorithms and convinced ourselves that the […]
Silver’s Promotion: Recognition That Cuts Both Ways
Silver’s addition to the United States’ 2025 Critical Minerals List marks a quiet but important shift in how governments view this versatile metal. For decades, silver has existed in a world of its own, part monetary asset and part industrial material. Now it has been elevated into the same category as lithium, copper, and rare […]
Can you Trust the Rising Price of Gold and Silver?
Gold and silver prices are climbing again, reaching three-week highs overnight as traders digest signs that the U.S. government shutdown may finally be ending. December gold traded around $4,146, while silver crossed $50, extending Monday’s strong rally. Markets are reading this as more than a relief bounce. A government reopening would restart the flow of key U.S. […]
The Madness of Money
There was a time when the word “millionaire” carried a certain weight. It described an achievement that was unusual, almost mythical. Today, it is the inevitable outcome of rising house prices, easy credit, and years of quietly compounding inflation. To own a modest property in a decent postcode is, in many cases, enough to join […]
Will This Bailout Save The US Dollar?
Argentina’s recent $20bn bailout has already faded from the news cycle, yet the implications for the international monetary system are significant. The intervention was less about stabilising Buenos Aires than it was about preserving the credibility of the dollar, which increasingly depends on visible acts of support rather than assumed authority. What might once have […]
The People’s Gold Standard
Across Russia, household wealth is undergoing a transformation. Citizens who once saved in euros and dollars are now accumulating small bars, coins and jewellery. What began as a reaction to sanctions and currency restrictions has evolved into a structural change in how Russians perceive and preserve wealth. According to data reported by Bloomberg and compiled […]
The New Gold War: Why Countries Are Fighting Back
Gold prices declined again early today, following a shift in tone from Federal Reserve Chair Jerome Powell. Although the Federal Open Market Committee lowered interest rates by 0.25 percent as expected, Powell cautioned against assuming further cuts this year. A December move, he said, is “far from a foregone conclusion.” That comment pushed Treasury yields […]
Bullion Dealer: This Is Why There Are Shortages
In October, extreme volatility returned to the precious metals markets. Despite the turbulence, both metals remain among 2025’s top-performing assets. In this week’s update, I join Jan Skoyles to discuss whether this is the end of gold and silver’s remarkable run or the beginning of a new phase in their long-term bull market. We explore: Buy […]
Friday Read: Everything Else Is a Promise
Jan Skoyles and I have been discussing an idea that has shaped much of our recent work, and it is one that grows more relevant as each new crisis unfolds. The modern financial world, for all its complexity, rests on a very simple foundation. Almost every form of wealth today is a promise. Gold and […]
