Gold Economics
Monetary Metals® takes an unconventional approach to economics and precious metal market analysis. At the core of our thinking is the idea of incentives. Largely unnoticed by most people, incentives motivate people to act – be it the entrepreneur who sees an opportunity to profit from meeting the needs of others, or the arbitrageur who keeps markets aligned and efficient by profiting from divergences in prices.
We have several different content offerings for the interested reader.
Our Supply and Demand Report is a timely newsletter that chronicles the changing dynamics of the fundamental and speculative forces driving gold and silver prices. Our view is that analysis of price spreads can often reveal more about the supply and demand balance (or imbalance) in the market than looking at just the price movements themselves.
The Gold Exchange Report and Podcast, where we use timeless economic principles to untangle market and policy complexities so you can truly understand the present, and be better prepared for the future. This is where our unique approach to economics, and Keith’s groundbreaking research, shine through in practical ways for investors.
Our blog is great resource for short posts on contemporary economic and precious metal market issues.
For more detailed discussion of our unique economic views, such as the concept of yield purchasing power, the theory of interest and prices in paper currency, bitcoin, and others, check out our Research Page.
Lastly, our YouTube channel contains hundreds of interviews, discussions, and presentations given by Keith and others on everything you’ll find here in video form. Check it out below:
Here’s a sample of our most recently published work in each category:
Supply and Demand Reports
Gold Outlook 2023 Brief - This is a brief preview of our annual Gold Outlook Report. Every year we take an in-depth look at the market players, dynamics, fallacies, and drivers of markets, and finally, give our predictions for gold and silver prices over the coming year. Click here to download a free copy of the full Gold Outlook Report […]
How we think about gold and silver - When it comes to analyzing precious metals, the right methodology isn’t immediately obvious. Fundamental analysis in stocks and bonds is well understood. One can discount cash flows, examine the balance sheet, review the income statement, look at growth prospects and arrive at a fundamental value for the company. And there is a sophisticated ratings system […]More Supply and Demand Reports
Gold Exchange Podcasts
Bob Elliott: The Case for The Contra Currency - Bob Elliott of Unlimited Funds joins the podcast to talk about why gold can be better than bonds, why the economy hasn’t hit a recession yet, and what it’ll take to make asset prices fall. Bob and Keith discuss central bank gold leasing vs. true gold leasing, the junk bond conundrum, and more! Additional Resources […]
Bryan Caplan: Ugly Economic Truths - Economist and bestselling author Bryan Caplan is back on the podcast to debunk the conventional thinking on democracy, Keynesiansim, education, mental illness, and more. Bryan asks and answers some of the most pressing questions of the day: Should Jerome Powell support abolishing the minimum wage? Does this dress make me look fat? Can free market […]More Gold Exchange Podcast Episodes
Blog Posts
The Anti-Concepts of Money: What is GDP? - If you’ve read the Introduction from this Anti-Concepts of Money series we can now discuss the Anti-Concept: GDP The Anti-Concept of GDP Let’s discuss thet anti-concept, Gross Domestic Product or GDP for short. Armed with an understanding of anti-concepts, it should be obvious from one of the ways it’s calculated. From Wikipedia: Y = C […]
Is Bidenomics Working? - Jeff Deist and the Debased guests express their concerns and criticisms regarding the state of the economy under Bidenomics. Warning signs such as an inverted yield curve, declining investment, and excessive government spending are hidden underneath GDP growth and lower inflation. Will Bidenomics steer the economy toward a recovery or into a recession? Connect with […]Research Articles
Gold Outlook 2023 Brief - This is a brief preview of our annual Gold Outlook Report. Every year we take an in-depth look at the market players, dynamics, fallacies, and drivers of markets, and finally, give our predictions for gold and silver prices over the coming year. Click here to download a free copy of the full Gold Outlook Report […] How we think about gold and silver - When it comes to analyzing precious metals, the right methodology isn’t immediately obvious. Fundamental analysis in stocks and bonds is well understood. One can discount cash flows, examine the balance sheet, review the income statement, look at growth prospects and arrive at a fundamental value for the company. And there is a sophisticated ratings system […]
