Gold & Commodities

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…

What is the top catalyst for gold in 2025?

This year’s Gold Summit includes guests with a more intriguing take on gold, alongside the old favourites like Jim Rickards and Ronnie Stoeferle.

A golden opportunity to rescue the UK

It’s over to one of your fellow subscribers for today’s Fortune & Freedom. He just did a better job of describing the country’s position than we could’ve.

Who is Scott Bessent and how did he move the gold price?

A single, sensible appointment by Donald Trump caused one of the biggest moves in the gold price we’ve seen in months. So who is Scott Bessent, and what drove the market reaction?

Why did gold trounce the stock market?

How can a pet rock, a lump of metal, an inanimate object defeat the might of the US stock market? Stocks that outperformed their peers around the world.

Gold investors will win the Third Opium War

President-elect Trump is not content with the chaos his cabinet appointments are causing. He’s started announcing his “dangerous” economic policies too.

Is gold pricing in a repeat of the Liz Truss playbook?

The gold price has taken a hit since President-elect Donald Trump won the US election. The question is why. And one theory is top of my mind for 2025.

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

From bonds to bitcoin, nothing is behaving as it should be compared to gold. With so many mysteries, we look to the experts for answers.

Regime change at the Fed would reignite the gold bull market

It’s like any good murder mystery. Not only is it unclear who dunnit. We can’t even work out why the gold price crashed 8% after Trump’s election.

A global revenue bargain?

US stock markets went from expensive to even more so following Trump’s victory. But is this justified? Regardless, the UK stock market is a relative bargain by comparison.

Stocks and bonds are diverging, but this investment is staying the course

The Fed cuts, the bond markets jump in fright, and the AI bull market wobbles

Nuclear’s new SMR technology is great, but what’s next?

Nuclear tech has jumped from the horizon to the headlines, taking stock prices with it, and pointing the way to the next big sector surge…

How the fiscal time bomb explodes

People are beginning to get gold fever. One young man had quit his job, loaded up on junior mining shares... and was off for a year of travel. Word is out.

Is gold in a bubble?

Things are getting awkward for us gold investors. Gold is in the news as much as bitcoin these days. The price keeps surging higher. Is it time to sell out?

Lies, damn lies and (economic) statistics, part 2

Economic data must be adjusted for inflation in order to give a real picture of the economy. If inflation is mismeasured, so is everything else. What appears to be economic growth could actually be stagnation. How confident should we be that inflation data are accurate?

AI doesn’t just mean more nuclear, but other energy sources too – and one metal underpins it all

Big tech’s big bet: the future of energy is small, nuclear and everything else, too

The sector at the intersection of every major energy market megatrend

Four megatrends dominate our strategic energy portfolio at Southbank Investment Research, but only one sector combines features of all of them…

Either Ed Miliband or Britain will be left for dead

In today’s issue: More and More and More energy There is no energy transition, only addition Renewables cannot meet our exponentially growing demand Of course, the…