April, 2015

Think Different About Purchasing Power

The dollar is always losing value. To measure the decline, people turn to the Consumer Price Index (CPI), or various alternative measures such as Shadow Stats or Billion Prices Project. They measure a basket of goods, and we can see how it changes every year. However, companies are constantly cutting costs. If we see nominal—i.e. […]

Monetary Metals Supply and Demand Report: 26 Apr, 2015

The price of the dollar rose by 0.55mg gold, and 65mg silver. This is obviously bad for gold speculators, who are betting on a falling dollar. It’s less obvious that it’s bad for borrowers, who are also effectively short the US dollar. It now takes a bit more money (gold) to get out of dollar […]

Monetary Metals Supply and Demand Report: 19 Apr, 2015

The price of gold went sideways this week, while that of silver fell 20 cents. For those waiting for The Big Dollar Collapse, i.e. the gold price to skyrocket, it may seem like watching paint dry right now. Or maybe watching the grass grow. Or even waiting for a pot of water to boil. Gold […]

Monetary Metals Supply and Demand Report: 12 Apr, 2015

In this shortened week (Easter Monday), the price of gold ended up $6 higher but it wasn’t flat. The price was sagging Wednesday and Thursday and shot back up on Friday. The price of silver followed the same trajectory but didn’t bounce back as far, so interestingly, the gold to silver ratio rose all days […]

Monetary Metals Supply and Demand Report: 5 Apr, 2015

In the shortened week (Good Friday), the prices of the metals didn’t change much, though it’s notable that the price of gold went up a few bucks while the price of silver dropped a few dimes. We discussed that a few weeks ago. For a picture of the changing supply and demand fundamentals of gold […]