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
Ep 56 – Jason Cozens: The Solution to Bank Risk is Gold - In this thought-provoking interview Jason Cozens, founder and CEO of Glint, discusses the future of money and the role that gold can play in a modern financial system, riddled with bank risk. Jason shares his insights on why the traditional banking system is failing to meet the needs of consumers. Keith and Jason explore why […]
Ep 55 – Stefan Gleason: Is Sound Money Coming to Wyoming? - Stefan Gleason of the Sound Money Defense League returns to the Gold Exchange Podcast to discuss the success of sound money initiatives at the state level, the critical bill in consideration in Wyoming, and how you can help win sound money policies in your state. The hearing on SF 101 is THIS Thursday in the […]More Gold Exchange Podcast Episodes
Blog Posts
Why Can’t Banks Raise Their Rates on Deposits? - As the Federal Reserve has hiked rates from 0% to over 4.75%, the average interest rate on bank deposits has remained low, around the FDIC’s national average for savings accounts of 0.37%. This has led many to ask the simple question. Why aren’t banks raising the interest rate on deposits? The Hotel California Banking System […]
Did the Fed just Pivot? - Last week, we had this to say about the implications of SVB’s collapse… Everyone in the market has to think about an unpleasant reality and come to grips with it. They have to consider the risks of things that previously they may have thought absolutely safe. Such as bank deposits, and Treasury bonds (and government-guaranteed […]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 […]
