What is gold’s true value? Both the FT’s Lex column and The Economist have had a crack at answering this in recent weeks. The Economist uses an elaborate method of taking the gold price in …
It makes sense to buy gold
Category: Gold
It doesn’t matter who is in charge – buy gold
I’d love to be a fly on the wall of Capitol Hill this weekend. The politically charged fight to lift the US debt ceiling is going to have big repercussions for the markets next week. …
A perfect storm for gold
The yellow metal has soared to a new record above $1,600 an ounce. It has also made new highs in euros and pounds, exceeding €1,140 and £1,000 respectively. It’s been “a perfect storm for gold”, …
How to squeeze more juice from your gold trade
Here’s something I’ve learned in my twenty-odd years of trading: some of the best trades you can make are also the hardest to make. It’s true. And the flip side to that is that the …
How to spread bet gold
This week, the gold price hit a new peak of $1,600 an ounce. That’s just over £1,000. Then it dipped a bit. So gold bugs are furiously debating where it will go next. I’ll leave …
Gold hits £1,000 an ounce – and there’s further to go
Gold hit £1,000 an ounce yesterday for the first time ever. No wonder. Both the dollar and the euro, the world’s key reserve currencies, are under unprecedented pressure. Things are going from bad to worse …
Hold on tight as the world catches on to gold
I woke up on Friday morning to a conversation about gold on Radio 4’s Today programme. Usually, when you hear about gold on the BBC, the conversation is led by someone who thinks the 12-year …
Protect your wealth from the all-powerful bankers
Last week, I argued that central bankers are now more powerful than our elected politicians. And it’s pretty clear that these central bankers will do anything they can to save the powerful banking system. I …
Why gold is about to break upwards
It’s time to catch up on our gold trade. I hope you’ve come along for the ride. If not, don’t worry, I think there’s going to be a lot more fun and games to come …
Gold watch
The yellow metal dipped to a six-week low under $1,500 an ounce this week. Parliamentary support for Greece’s latest austerity package allayed fears of an immediate debt default. The end of the Fed’s money-printing programme …