“Author Archive”
Articles written by Thomas Paterson
Tom is the Chief Economist at Gold Made Simple, one of the worlds leading gold bullion services. He is head of editorial and research. Tom previously worked as a Broker on a Futures and Options desk at a main brokerage in Canary Wharf and was responsible for the production of “The Economissed” , a research paper tracking Macro themes and trade ideas. Tom is a keen student of the Austrian School of Economics – or as he refers to it ‘real’ economics – and feels very passionate about the lessons that can be gained by all that understand its guiding principals. https://www.linkedin.com/in/thomas-paterson-0661682b

Gold price up between 10% to 25% so far in 2016

After more than four years it seems as if the cyclical bear phase is over and a resumption of the secular bull market in gold, which began in 1999, has begun. In fact when we look at gold in various global currencies we can see they are up between 10 and 25% so far in […]

February 24th, 2016 | Posted in Gold News | Read More »

Gold price hitting multi-month highs – up 28% in euros from the low

Mid-way through december we noted that “in almost all other major currencies gold is showing some major strength”. This was before the ‘surprise’ (not so surprising if you’re the rather brilliant James Grant) bombshell  that was the Swiss central bank announcement of ending the Euro peg. Now we have a bonafide multi-currency gold rally on […]

January 16th, 2015 | Posted in Gold News | Read More »

HSBC sees global gold demand rising 15% in 2015 with central banks BUYING 400 tonnes

After a couple of painful years of gold price action for the bulls, 2015 might be the year that things start going in the right direction for them. HSBC has come out and said that it expects to see global gold demand to surge by 15% – and this was before the action by the […]

January 16th, 2015 | Posted in Gold News | Read More »

Shanghai Gold Exchange moves a step closer to internationalising the Chinese gold market

Regular readers will know that we’ve been banging the drum about the move of physical gold from West to East for some time now. Morgan Gold Chief Strategist Ed Moy: ‘Absolutely’ worried about a physical gold shortage – gold from East NOT coming back Gold vaults in London ‘virtually empty’ as 26 MILLION ounces flow […]

January 16th, 2015 | Posted in Gold News | Read More »

The action by the Swiss central bank proves that central bankers simply can not be trusted

The move by the Swiss central bank yesterday to remove its peg with the Euro was an enormous move by a central bank. It collapsed the value of the second most traded currency on the planet versus the Swiss Franc by 30% in a matter of seconds. This really goes to highlight just how fast […]

January 16th, 2015 | Posted in Gold News | Read More »

In almost all other major currencies gold is showing some major strength

After falling in dollar terms in november to a fresh low around $1130 gold has rebounded back and is trading up around 4% for the year. However, the two big stories for 2014 has been the collapsing oil price (trading with a 5 handle today), and the rise in the gold price. Below is the […]

December 12th, 2014 | Posted in Gold News | Read More »

Atlas Pulse report thought experiment: Consider gold as a ‘bond issued by gold’

Atlas Pulse is for our mind simply the best monthly gold (and crypto!) report around. Below is a snippet from the latest report, and as usual some off-the-wall thinking brings Atlas Pulse to ask us to consider the gold price as a bond – some very interesting food for thought. The full report can be […]

December 12th, 2014 | Posted in Gold News | Read More »

VIDEO: World Gold Council 2014 Q3 ‘Gold Trends Report’

Today the World Gold Council released their 2014 Q2 Gold Trends report – here’s the WGC’s Marcus Grubb (Managing Director Investment Strategy) going over their findings: Take-aways include: Q32014 gold demand stood at 920tn – a 2% fall The fundamentals of the gold market remain fully in place Jewellery remains the biggest component of gold […]

November 19th, 2014 | Posted in Gold News | Read More »

World Gold Council: Central Bank buying running at 6% ABOVE the five year average in Q3 2014

Last quarter (Q2) we reported that central bank gold buying had increased by 28% from the same time last year. Well it appears that central bank buying doesn’t look like letting up anytime soon as the World Gold Council reports (download full report here) that central bank gold buying in Q3 was some 6% above […]

November 19th, 2014 | Posted in Gold News | Read More »

Greenspan hints at a gold backed Yuan in China and considers gold the ‘ultimate’ money

Greenspan hints at a gold backed Yuan in China and considers gold the ‘ultimate’ money The former head of the Federal Reserve in the US, Alan Greenspan (he of massive housing bubble fame), has published an astonishing article about gold – it is astonishing in that it is one of the very rare occasions that […]

November 19th, 2014 | Posted in Gold News | Read More »

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