đź”’Boardroom Talk – ‘Barbarous relic’ is on a tear, proving we’re more Feudal than we’d like to admit
100 years ago, celebrated economist John Maynard Keynes, described the Gold Standard and, by extension bullion itself, as ‘a barbarous relic’
Gold standard
đź”’ Warning: World is not safer after 2008 financial crisis – FT
The 2008 financial crisis, sparked by excessive debt and lax credit checks, hammered global markets and decimated jobs. A decade on, the world looks like it has recovered but be warned: it is not safer.
Gold chappies: The did you know quiz – David Melvill
Gold fundi David Melvill has applied the same principle to his passion, and created the chappies of gold. A fun read for those with an interest in the yellow metal.
Money’s future – by a non-banker. Do we need another GFC?
Do we still require a third party when software can provide us with what we need? Is cryptocurrency the evolution of money, asks Brendan Jack.
Gold bugs seize on “dovish” Fed minutes, price rises
Slowly, hope is returning to bullion as gold’s supporters focus on re-emergence of inflation, betting the Fed will delay interest rate hikes too long.
Nine in a row could mean the lengthiest gold drop since ’98
Gold traded near a three-month low after posting eight straight declines as the surging dollar cut demand for the precious metal. A ninth drop on Thursday would be the longest losing run in 17 years.
Gold holds near 2-week high after short-covering rally
Gold held near two-week highs on Monday, clinging on to gains from the previous session’s short-covering rally, on a softer dollar.
Gold steady near one-month high on slowing China growth
Gold clung to overnight gains on Tuesday to trade near a one-month high as worries persisted over a slowdown in the global economy after China’s growth eased in the third quarter to its weakest since the 2008/09 financial crisis.
Flight to safety keeps gold near one-month high
Gold retained sharp overnight gains on Thursday to trade near its highest in over a month, with investors seeking safety amid increasing concerns over a slump in the global economy.
Gold price holds near 4-week high
Gold retained overnight gains on Tuesday to trade near its highest in four weeks as investor appetite for riskier assets eased amid global growth worries.