Alasdair Macleod

Contributor since: 23 Jul 2012

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• No Escape from The Dollar as The Currency Standard

  Published 18 August 2014 | viewed 0 times

  All commodities and near-commodities are priced internationally in dollars, and the dollar is used for over 80% of cross-border trade settlements. Consequently the dollar is…

• Markets: Keep Calm and Carry On

  Published 11 August 2014 | viewed 0 times

  At the end of July global equity bull markets had a moment of doubt, falling three or four per cent. In the seven trading days…

• Like Watching Paint Dry...

  Published 01 August 2014 | viewed 0 times

  That was how it felt watching all markets this week until yesterday when they sprang into life. Gold fell from $1304 at the London opening…

• USD FMQ Carries on Growing Despite Tapering

  Published 01 August 2014 | viewed 0 times

  June's FMQ components have now been released by the St Louis Fed, and it stands at a record $13.132 trillion. As can be seen in…

• Corrective Action

  Published 25 July 2014 | viewed 0 times

  Precious metals drifted lower over the week in quiet trading. The bears took comfort in the lack of a positive price reaction to political news…

• The Coming Slump

  Published 25 July 2014 | viewed 0 times

  Governments and central banks have made little or no progress in recovering from the Lehman crisis six years ago. The problem is not helped by…

• Sharp Consolidation

  Published 18 July 2014 | viewed 0 times

  Before yesterday's (Thursday) rise in bullion prices, precious metals were in corrective mode this week after recent rises. There were two big stand-out sales of…

• Monetary Discord

  Published 18 July 2014 | viewed 0 times

  Last Monday's Daily Telegraph carried an interview with Jaime Caruana, the General Manager of the Bank for International Settlements (the BIS). As General Manger, Caruana…

• The Ghost of Bail-Ins Past Returns to The Financial Stage

  Published 11 July 2014 | viewed 0 times

  Gold and silver had a good week after the US holiday last Friday. From a low of $1312 on Tuesday, gold rose to a high…

• Unwinding Unallocated Gold Accounts

  Published 11 July 2014 | viewed 0 times

  The debate in precious metal markets today is whether or not the three-year bear market is over and a new uptrend is establishing itself. But…

• Underlying Strength

  Published 04 July 2014 | viewed 0 times

  Gold and silver spent most of the week consolidating recent gains by moving broadly sideways, but their underlying strength was a notable feature. The first…

• A Tale of Two Certainties

  Published 04 July 2014 | viewed 0 times

  It is common knowledge that Japan is in extreme financial difficulties, and that the currency is most likely to sink and sink. After all, Government…

• Taming the Markets

  Published 27 June 2014 | viewed 0 times

  A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) entitled Global Public Investor 2014 discussed the investment strategies of 400 government investors…

• Precious Metals Building a Base

  Published 27 June 2014 | viewed 0 times

  It is three weeks since the managed money category on Comex placed their biggest bet ever recorded in recent times that silver was going lower,…

• Firmer Tone in Precious Metals

  Published 20 June 2014 | viewed 0 times

  Following on from last week when Iraq hit the headlines and the price of oil firmed up, gold was steady for the first three trading…

• Blaming Deflation

  Published 20 June 2014 | viewed 0 times

  With the Eurozone going to the extreme of negative interest rates and the IMF belatedly revising downwards their expectations of US economic growth, deflation is…

• Bottoming Out?

  Published 13 June 2014 | viewed 0 times

  The signs are good. With record short positions in gold and silver, hedge funds and algorithmic traders should be worried at the lack of price…

• Market Volatility Grinds to a Halt

  Published 13 June 2014 | viewed 0 times

  There is uneasiness across a number of markets with moment-to-moment volatility grinding almost to a halt. It contributes to a feeling that this is the…

• Gold in Near-Death Experience on Comex

  Published 06 June 2014 | viewed 0 times

  Well, it's a bit of an exaggeration, but for the first three days of this week daily turnover in the gold future fell to about…

• Asian Gold Strategy Clarifiying

  Published 06 June 2014 | viewed 0 times

  The Russians came up with an extraordinary statement recently, central to why Russia and China are buying gold, the importance of which was missed by…