Blog
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 […]
Gold and Silver: The Great Liquidity Squeeze
Gold is recovering after one of its hardest drops in years. At the time of writing, prices are up $62 to about $4,126/oz, while silver has climbed $1.25 to $48.93/oz. Platinum jumped 6.4% in London to $1,646/oz, its biggest move since 2020, as traders rushed to secure physical metal. Oil is also rising. U.S. crude […]
Silver Breaks $50, Gold Tops $4,000. Here’s What It Really Means
The past 36 to 48 hours have been extraordinary. Gold has crossed $4,000 an ounce, and now silver has moved beyond $50. It has been record-breaking, reassuring, and unsettling, all at once. We have spoken with many clients who are trying to make sense of what this means. Some are wondering whether they should buy […]
$4000 Gold – This Won’t End Well!
Gold has moved above $4,000 an ounce. For investors, this raises understandable questions. How much higher will it climb? Is it time to take profits? Should you wait for a pullback? Is this the top of the market? In truth, gold’s most recent rise has less to do with excitement and more to do with […]
When Money Becomes a Monument to Itself
The United States Treasury is considering a new one-dollar coin to mark the 250th anniversary of the Declaration of Independence. The proposal is genuine, although the design remains a draft. Early sketches feature Donald Trump on both sides: his profile beneath the word Liberty on one, and his raised fist with the slogan Fight, Fight, Fight on the other. […]
Security Theatre and the Fragility of Modern Money
When I opened my first bank account, the process was straightforward. A signature, a form of identification, perhaps a conversation with the local manager, and one was welcomed as a customer. Today the same relationship requires considerably more formality. Proof of identity, documented addresses, background checks, and rightly so. Any responsible financial institution must verify […]
