Formerly the City correspondent for The Daily Reckoning in London and head of editorial at Fleet Street Publications Ltd, the U.K.’s leading financial advisory for private investors. Adrian Ash is also the editor of Gold News and head of research at BullionVault.
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View articles by Adrian Ash
Oct 21st, 2009 |
By Adrian Ash |
Category: Featured, Gold, Macro Economics
Just imagine – two things you think can't possibly happen together suddenly happen together.
Say like Coca Cola re-launches New Coke, but people actually like it. Would that mean the laws of physics had been repealed? Or would you need to change what you think...?
"Gold and bonds do not usually go ...
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Tags: Gold, interest rates, treasuries
Posted in Featured, Gold, Macro Economics |
1 Comment »
Oct 2nd, 2009 |
By Adrian Ash |
Category: Featured, Gold
"The transcending value seen in the Dollar has lost its foundation..."
A short series of secret memos, published and dissected at ZeroHedge, provide the "smoking gun" of gold-market manipulation. Apparently.
And given this little slew of dusty archive-digging – throwing up three documents from 1968 to 1975, each one declassified within thirty ...
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Tags: dollar, economy, Gold
Posted in Featured, Gold |
5 comments
Sep 22nd, 2009 |
By Adrian Ash |
Category: Featured, Gold
Two charts and three measures of gold's "real" price today...
GOLD'S CURRENT price-tag of $1,000 an ounce suggests big doubts over the US Dollar, its domestic economy, and its status as the world's No.1 reserve currency.
Or so we guess after 10 years of watching it quadruple from two-decade lows. But gold ...
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Tags: Currencies, Gold, inflation
Posted in Featured, Gold |
1 Comment »
Sep 21st, 2009 |
By Adrian Ash |
Category: Featured, Gold
"Whether through exuberant hedgies or anxious private investors, gold just keeps pushing higher..."
So speculative betting on gold going higher now equals a record-busting 752-tonne position in Comex futures and options, yet this is not a bubble according to Michael Pento of Deltaga.
Let's say otherwise. Let's say that gold prices, surging ...
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Tags: Gold, leverage, physical gold
Posted in Featured, Gold |
4 comments
Aug 18th, 2009 |
By Adrian Ash |
Category: Featured, Gold
"If gold is 'past its day', what of toxic derivatives and today's deluge of US Treasury bonds...?"
Just like poor Pip Dickens' Great Expectations, central banks keep inheriting unwelcome bequests.
Today's "legacy assets" are toxic derivatives; a decade ago it was gold reserves. Both are proving hard to shrug off, but for ...
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Tags: central banks, derivatives, Gold
Posted in Featured, Gold |
4 comments
Jul 6th, 2009 |
By Adrian Ash |
Category: Featured, Macro Economics
"Just how can the Fed credibly promise to be irresponsible...?"
Here’s a thought—that tiny handful of investors and analysts warning how Fed policy risks hyper-inflation are in fact doing the central bank's work.
The Fed wants you to believe hyperinflation is looming. Or at least, it should want that, if doubling its ...
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Tags: Federal Reserve, hyperinflation, inflation
Posted in Featured, Macro Economics |
5 comments
Jun 29th, 2009 |
By Adrian Ash |
Category: Featured, Gold
"Legally defining the official dollar/gold price and backing it with convertibility is the only means by which...the markets can be assured that Volcker's successors would not be tempted to try another monetarist experiment."
-Jude Wanniski, former Reagan advisor, April 1982
So does the price of gold rise or fall in a deflation?
Hint: ...
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Tags: deflation, Gold, inflation
Posted in Featured, Gold |
4 comments
Jun 19th, 2009 |
By Adrian Ash |
Category: Featured, Gold, Macro Economics
"We didn't abandon the money-supply aggregates. They abandoned us..."
TIME WAS that central banks targeted and fretted about keeping their currency stable against the Dollar.
But as the Dollar-led inflation of 1950-1980 destroyed the value of bonds and savings worldwide – and then destroyed equities, as well as any sober hope of ...
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Tags: Gold, inflation
Posted in Featured, Gold, Macro Economics |
3 comments
Jun 18th, 2009 |
By Adrian Ash |
Category: Featured, Macro Economics
"We are entering upon waters for which I have no chart and in which I therefore feel myself an utterly incompetent pilot."
– James Warburg of the banking dynasty, resigning as President Roosevelt's monetary advisor, 1933
Want to know where the price of gold, oil, the S&P, Euro or overseas stock markets ...
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Tags: Gold, inflation, money
Posted in Featured, Macro Economics |
3 comments
May 21st, 2009 |
By Adrian Ash |
Category: Featured, Gold
Deprecated and reduced as a financial asset, gold is fast-gaining new buyers yet remains under-invested compared to previous crises...
"FEAR, Mr. Bond, takes gold out of circulation and hoards it against the evil day," as 007 learns from a Bank of England officer in Ian Fleming's Goldfinger (1959).
So "in a period ...
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Tags: credit collapse, Gold
Posted in Featured, Gold |
2 comments
