Gold & Commodities

A crude warning

Oil prices have declined to their lowest level in three years. Adjusting for inflation makes the real decline all the greater. Iron ore prices are soft too. These could be warnings of global recession. Recent stock market weakness might only be the beginning.

The London silver liquidity crisis: “The squeeze you can buy”

Silver's supply is tightening fast as London vaults are drained, lease rates surge, tariffs loom, and industrial demand soars – setting up a major squeeze.

Find your way back: to gold

Trump has expressed his interest in returning the US to the gold standard, calling it a “wonderful” idea. But will he move things in this direction? If so, how? And what impact would that have on gold, foreign exchange and the financial markets?

What if the US revalues its gold?

There’s been much speculation of late that President Trump might issue an executive order to revalue the US Treasury’s gold stock to market. But why? And what effect might that have on gold prices and financial markets?

Germany moves right. Sort of.

Germany will shift to the right following this weekend’s elections. By how much depends on what coalition the leading CDU is willing or able to form. Any new coalition may be as unstable as the last.

Picks, shovels and profits

There has been a scramble for physical gold of late but investors have other options than hoarding of the metal. Miners are trading at historically low valuations. Royalties companies are also worth considering.

When the music stops

The game of musical chairs can be a useful metaphor for financial market dynamics, in particular crises. But does it apply to gold, a non-financial asset?

Has the silver market squeeze officially begun?

Silver is moving rapidly from London to New York, lease rates are spiking, and supply is tightening – signs a silver squeeze may be unfolding soon…

Gold may steal the headlines, but the real story might be silver

Gold’s surge grabs headlines, but silver faces a deeper squeeze as tariffs, deficits and shifting inventories drive a historic market shakeup.

Trump’s energy revolution: boom or bust for investors?

Trump’s energy agenda may boost fossil fuels, but China and clean energy hold the real potential for long-term investment gains…

The ultimate defensive asset

Precious metals stand apart from financial assets They’re not at risk of devaluation or default All defensive portfolios should have an allocation The investment mainstream…

The insurance industry: climate change’s reluctant hero

Insurers are on the frontlines of climate change, safeguarding economies and enabling the energy transition. Without them, the risks are unthinkable…

Why the panic about gas shortages is overblown

Our energy expert James Allen reckons the European gas shortage crisis that has captured the media’s attention can’t even be called a storm in a teacup.

Is hydrogen back for good this time?

A series of booms and busts in hydrogen stocks have made and lost investors a lot of money. But hydrogen as a fuel always seems to remain just out of reach.

Gold in 2025 and beyond

Prominent gold commentator and member of The Fleet Street Letter’s Global Intelligence Network Alasdair Macleod shared his 2025 outlook at a private event in London late last year. His presentation is available to view at the link inside…

Why is nothing behaving as it should be compared to gold?

Our compilation of the best Fortune & Freedom articles of 2024 continues with another look at why nothing is behaving as it should compared to gold

How did the pound come about?

The winter of 406-407 was bitterly cold across Europe. The Rhine froze over, enabling hordes to make their way across the river, and into the Roman empire.

The anatomy of an anti-bubble

The war on woke, US exceptionalism, stock market opportunities and the ESG anti-bubble

Digital, or fool’s gold?

Bitcoin’s Trump-pumped rally has now taken it to the landmark $100,000 level. Crypto has certainly caught the zeitgeist. But gold, too, remains in a bull market and should have a place in all investors’ portfolios.

Three converging megatrends, and the uncomfortable feeling of change

Bitcoin, AI and Silicon Valley’s new political clout add up to a shift in the global order, and you can feel the ground shaking…