Blog
Friday Read: The Price of Trust Is Rising
In the 18th Century, Britain discovered a modern miracle: a financial scheme that promised safety, yield, and national prosperity all at once. The South Sea Company would refinance government debt, enrich the public, and, by the logic of the day, turn paper into something close to certainty. Share prices rose, confidence rose faster, and for […]
Silver at $59?: Market Mechanics, Physical Strain, and the Rumours Nobody Can Ignore
Gold and silver are a little softer today on normal profit taking after a strong run. That is not unusual, particularly in silver, where rallies tend to be sharp and the pullbacks can be just as violent. The bigger story is that silver has been one of the standout performers this year, and the pace […]
The Real Cost of Not Holding Gold as 2025 Ends
I’m dropping you a note from the UK, where Christmas events are starting to kick off and the country has entered that familiar annual phase of festive lights, Christmas parties and people insisting they’ve “nearly finished” their shopping. It also happens to be a slightly accidental coincidence that this visit has landed at the exact […]
The Shoddy Return on Investment Society
Every year, governments around the world present their budgets, statements or fiscal plans, and each one is framed as a sober exercise in responsibility. In the United Kingdom this week it took the form of the Autumn Budget, but it could just as easily have been Canada’s Fall Economic Statement, an update from the US […]
Gold’s Price Is Not Natural – Someone Is Steering It
In this week’s GoldCoreTV episode, we examine recent analysis from Société Générale along with the interpretation provided by VBL on the GoldFix Substack. Their work suggests that gold demand has become more segmented and that each segment now responds to price in a different way. The most notable development is the rise of inelastic demand […]
Will This Private Company Move the Gold Price?
Gold and silver are both stronger this week, with gold above $4,130 and silver near $51. Markets are bracing for a wave of US data over the next 48 hours, from inflation numbers to GDP revisions, and it is already shaping sentiment across currencies and commodities. There is also movement on the geopolitical front. US […]
The Real Cost of Not Holding Gold as 2025 Ends
For many years the mainstream’s principal argument against gold was that it paid nothing. This was repeated often enough that it acquired the status of received wisdom. Investors were invited to observe the metal, observe the income generated elsewhere, and conclude that gold was an interesting but essentially idle asset. That view belonged to a […]
Why Do People Forget This About the Gold Price?
The gold price has continued to hold comfortably above the $4,000 level, even as the latest United States employment figures finally emerged after the 43-day government shutdown, the longest in the country’s history. The delayed release has produced an unusual situation. Investors are being asked to interpret labour data that reflects conditions from September rather […]
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 […]
