Capital & Conflict – brought to you by Fortune & Freedom Following a sharp correction earlier this summer, bitcoin has since recovered and is pushing towards its previous highs. The crypto faithful are not merely relieved, but are again promoting…

If you believe the market’s prediction is wrong and you know better, well, you can make money on the difference. But only on the difference.

I hope this letter finds you in good health, and having a great Sunday. I don’t normally write to you on weekends, but felt I had to make an exception today. For today is a very special occasion – a 50-year anniversary, no less. And if you enjoy my scribblings to you at all, I reckon you won’t want to let it go unobserved.

PICCADILLY, MANCHESTER – Gold holds the crown as the metal which feeds on social unrest and distrust in authority. But I suspect it shall be its elder sister platinum which will soar if the chaos unfolding in South Africa persists…

THE GEORGE ORWELL, DUNDEE – In our first episode of Southbank Live, gold expert John Butler explained how the new banking rules known as Basel III could lead to deep structural changes in the gold market. You can watch it…

HOLBURN, ABERDEEN – Felix Rohatyn was quite a character. He possessed what he called a “refugee’s sense of value”, which he picked up while on the run from the Nazis. When France was invaded in 1940, his family fled from…

BROOMHILL, ABERDEEN – Back at the helm of Capital & Conflict once more – with something special to share as well. I hope you’ve been enjoying the market musings of Andrew Hutchings and Will Dahl in my absence – I’ve…

HEILIGENSTADT, VIENNA Boaz Shoshan kindly invited me to write for Capital & Conflict for the few days that he is away from his keyboard. Boaz sensibly chooses to work in places that are cultured, scenic and/or historic. I have one…

NEW TOWN, EDINBURGH – Following the completion of our 2021 Gold Summit, we recorded a few bonus episodes for our Gold Stock Fortunes subscribers featuring an additional roster of gold experts. Nickolai Hubble spoiled his Fortune & Freedom readers (click…

“Oil kindles extraordinary emotions and hopes, since oil is above all a great temptation. It is the temptation of ease, wealth, strength, fortune, power. It is a filthy, foul-smelling liquid that squirts obligingly up into the air and falls back…

BROUGHTON, EDINBURGH – I have some bad news, dear reader: the Aussies have us beat. I’m not talking about the cricket. I can accept the weaponised autism of Steve Smith being a challenge (especially when sandpaper is involved). But when…

NEW TOWN, EDINBURGH – What’s the best way of protecting yourself against inflation? Ask a group of investors, and you’ll get as many answers. Real estate, agriculture, woodland, gold, oil… many investors have a favourite “hard asset” up their sleeve…

What follows is the third instalment of Nickolai Hubble’s Inflatuation series. In case you missed them, click here to read part I and part II. The real inflation hasn’t even started By Nickolai Hubble for Fortune & Freedom Welcome to…

What follows is the second instalment of Nickolai Hubble’s Inflatuation series. To read part I, click here. How inflation gets out of control By Nickolai Hubble for Fortune & Freedom Friday’s examination of inflation explained how I saw inflation coming…

NEW TOWN, EDINBURGH – Friday at last. A bank holiday weekend beckons… In the next few instalments of Capital & Conflict, I’d like to share a trilogy of works by my good friend and colleague Nickolai Hubble. Long-time readers know…

NEW TOWN, EDINBURGH – “Is this a big problem for us?” asks a reader. They point to a topic discussed during our recent Gold Summit: In your [Gold] Summit discussion with Eoin [Treacy], you predicted a substantial fall in the…

THE HANGING BAT, EDINBURGH – At long last, I’m back in my favourite pub. Edinburgh is pleasingly lively – not so beaten down by the lockdowns as I’d feared. It’s been a couple years since I’ve been back here, and…

ECCLESHALL, STAFFORDSHIRE – In yesterday’s note, a reader made the case against gold. Or more specifically, against investing in gold miners over the long term. While it may feel like inflation is here to stay, they argued, it will not…