We saw a bit of a rebound in Asia today, after yesterdays decline. Shanghai and Hang Seng both up around 1%, Shanghai outperforming the HSI. Markets were keen to see rallies for the US markets and especially ahead of the much expected FED rate rise, due later today. We are seeing yields in US treasuries […]

QUESTION: Hi Martin, Despite the Bitcoin fanboys arguing that Bitcoin is untouchable by governments, would you agree that once governments, in particular, the Chinese government, make it unlawful to own Bitcoins, the additional introduction of proceeds-of-crime legislation would make it extremely difficult, if not impossible, to use Bitcoins to acquire assets, and dealing a permanent blow […]

The EU is now developing strict rules for carrying cash when traveling to non-European countries and returning to Europe. The revision of the First Cash Control Regulation from 2005, which stipulated that EU citizens should register cash in excess of € 10,000 when leaving the EU or when returning to the customs authorities have to, […]

On July 12, 1722, William Wood (1671–1730), who was a hardware manufacturer, ironmaster, and mintmaster, received a contract from the British Crown to strike an issue of Irish coinage from 1722 to 1724. He also struck the ‘Rosa Americana’ coins of British America during the same period. Wood’s coinage was extremely unpopular in Ireland for […]

A strong session from Asia to open the week with Hang Seng and Shanghai both higher by 1%. Having seen a brief wobble at the start of trading, the move was quickly rejected and we traded from strength to strength. Energy, Tech and Financials were the leaders for the day with volumes actually increasing slightly […]

QUESTION: You have said that coins were still fiat and not tangible hard money. Nobody else has said that. Can you support that statement? DS ANSWER: Of course. During the American Colonial period, there was a shortage of silver in particular in Britain. The British imposed restrictions on what coins could be used to pay […]

The risk with Bitcoin is that the government could simply change the definition of money. That is what they did to me back in 1980 because I was one of the three main market-makers in gold (perhaps the biggest). It was all a hunt for taxes, not concerning me but my clients. I have explained […]

Some Archaeologists in France with the National Center for Scientific Research announced that they have unearthed a hoard of 2,200 silver deniers and oboles, 21 Islamic gold dinars, a very impressive gold signet ring from the Abbey of Cluny, located in Saône-et-Loire, reported by Mining. While they have claimed this is the largest hoard and seem […]

COMMENT: Thank you so much for not taking advertising. When you try to read articles o0n other sites, up pops some advert blocking everything until you click to get rid of it. This is the most frustrating experience. Thank you so much. REPLY: No worries. I hate that as well. Such sites have lost touch with […]

The dollar haters have been touting that the Chinese yuan, or otherwise known as the renminbi, would kill the dollar and gold will soar. I have warned that China will take the spotlight as the Financial Capital of the World once again but only after 2032. A real assessment of international capital flows reveals the truth. The […]