Alasdair Macleod

USA-China

China or US?

09/09/2019(0)
  China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being ... Read More
interest-rates

Negative interest rates and gold

30/08/2019(0)
  The reason for persistent strength in the price of gold can be found in the changing relationship between time preference for monetary gold, and a new round of ... Read More
Economy

Our costly dalliance with Lord Keynes

28/08/2019(0)
  In “The General Theory of Employment, Interest and Money”, Keynes virtually created macroeconomics. But Keynes was a mathematician, not an economist, and did not fully understand free markets, ... Read More
european stocks

Inflationary financing and GDP

16/08/2019(0)
  This article demonstrates that only government borrowing in the US and UK drives GDP growth. This surprising conclusion is confirmed by long-run statistics. GDP does not represent economic ... Read More
european union flag and uk flag

Casting off the EU millstone

07/08/2019(0)
  In this article, we look at the implications of the new Johnson government: its strategy, the likely outcome of EU negotiations, and the golden opportunities to reform trade, ... Read More
gold bars

The reasoning behind Gold’s breakout

01/08/2019(1)
  Gold’s dramatic move above $1400 has caught the investment establishment by surprise. Physical gold ETFs, as a proxy for direct portfolio investment, amount to only 0.05% of the ... Read More
markets flow

Stalling Markets

22/07/2019(0)
  The combination of American trade protectionism and the end of a failing credit expansion is leading into a global economic downturn, and potentially a systemic crisis. Meanwhile, investors ... Read More
silver

A whale is accumulating silver futures

12/07/2019(0)
Silver’s recent price performance has been disappointing. Normally, it is almost twice as volatile as gold, so when the gold price rises 11%, as it has since last December, ... Read More
world-euro-notes

The financial war escalates

03/07/2019(0)
Behind the scenes, the financial war between America and China is escalating dangerously into a war to secure global financial resources. At a time of growing liquidation of dollar ... Read More
inflation

For those who don’t understand inflation

14/06/2019(0)
This article is a wake-up call for those who do not understand the true purpose of monetary inflation, and do not realise they are the suckers being robbed by ... Read More
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