Adrian Ash

One significant Japanese economic indicator has fallen to 22-year lows. And that means recovery could be a lot further off than many people expect, sa…

Sweden's deposit rate recently turned negative. Some analysts say that's just what we need to stall the depression. But that's dangerous talk, says Ad…

The US Federal Reserve wants us to believe hyper-inflation is looming. And analysts predicting it are doing Bernanke's dirty work for him, argues Adri…

A good indicator of gold's anti-inflation value is its worth versus the world's currencies. And the world's top ten currencies have lost nearly two-th…

Gold is attracting new buyers fast, writes Adrian Ash. But compared to the 1930s depression or the inflationary panic of the late 1970s, the world’s w…

Gold's bull-run continues. But it's an expensive, largely useless metal and costs money just to hold. So why do people persist in buying the stuff? Ad…

When measured against the price of gold, UK house prices still have a very long way to fall. As Adrian Ash explains, we may only be half way to the bo…

Many investors see gold as a defence against inflation, but the reality is different, says Adrian Ash. The real function of gold in times like these i…

Gold doesn't give you any income, isn't much of a hedge against inflation and its purchasing power is much the same as it was 2,500 years ago. It has …

Recent action on the foreign exchanges has been perverse. The lower a central bank's interest rate, the better it was for its currency. Adrian Ash exp…

Some analysts say gold should now be over $2,000 an ounce, based on its 1980 peak. But that’s too simplistic, says Adrian Ash. Here’s why.

The logical consequence of the banking bailouts is full nationalisation, says Adrian Ash. But where are governments going to get the money to pay for …

Since Gordon Brown sold off Britain's gold in 1999, the price has shot up to record levels. So, with the price of gold so high, is it still worth buyi…

The current mess we're in is partly a natural consequence of abandoning the gold standard, argues Adrian Ash. Money was printed wantonly, and so, to s…

In the last two months alone, the Bank of England has slashed the returns paid to savers quicker than at any time since 1858. Those investors holding …

The Bank of England has been throwing money at the economy since it was made independent. But right now, rock-bottom interest rates and 2007-style len…

Paper money is nothing new. But every culture to use paper money has eventually abandoned it. Will our own money system go the same way, or can we avo…

US politicians say a strong dollar is in their nation's interests. But, says Adrian Ash, with the absence of credit, the strength of the dollar's boun…

If you play the same trades as highly-leveraged investors, you're in for a fall. But get your hands on assets that don't suffer such 'demand destructi…

Each year for the last ten years gold has followed a remarkably consistent pattern. It rises in spring, slips back over summer and climbs sharply agai…

The SVM Global Opportunities fund of funds gives investors access to areas that can be hard to invest in, such as hedge funds, derivatives and structu…

With shares falling, inflation soaring and banks shaky, what should you do with your money if you want to hang on to it? As Adrian Ash explains, about…

America relies heavily on foreign buyers of US government debt, in the form of Treasury bonds. But these buyers are starting to disappear, just when t…

In the West’s inflation-free dream world, the idea of central banks targeting the supply and quantity of money has lost out to controlling its outcome…

If only the G7 would sit back and let the failed banks fail. A report from the World Bank suggests that the Fed, the ECB and the Bank of England are a…

If only Alistair Darling and fellow chief policy wonks would stick to talking gibberish, rather than actually trying to put it into practice, says Adr…

Neither the sovereign wealth funds, nor the central bankers nor the politicians - not even Warren Buffett - can save us from the credit crisis alone. …

With growth slowing in Europe and the US, can we expect inflation to ease? Unlikely, says Adrian Ash. Stock and house prices may be falling, but money…

The BoE's sole purpose in life is to target inflation. But what's really driving today's decision: the fact that CPI has edged above the 2% mark, or h…

The New York Times guesses that the number of post-housing lawsuits could dwarf what followed the Enron collapse. Who to sue first: central bankers, r…

Stocks and bonds are going down at the same time. The dollar has bounced despite some very dodgy fundamentals. And 'safe haven' gold sank to a two-wee…

Hope Now has ostensibly been set up to support US subprime borrowers facing a huge jump in mortgage repayments. It looks more like a misguided policy …

History has shown that you can either bail out the big banks with a flood of cheap money, or you can keep a lid on inflation. But right now, central b…

Gold investors are often accused of being ghoulish as they wait to cash in on stock market upsets. But history has proven that it isn't necessarily st…

In 1720, the Bank of England's attempts to rescue the overstretched South Sea Company nearly brought it to its knees. History has much to teach us, sa…

A frightening array of Q3 results will have taught banks a valuable lesson: don't lend to people with no income. But is this earnings season the final…