Peter Cooper
Peter Cooper has been a senior business and financial journalist for 20 years. Since selling his dot-com news website before the global financial crisis he's been a gold and silver investor. Cooper studied politics, philosophy and economics at Trinity College, Oxford University. He was 'financial journalist of the year' in the UK some 25 years ago for his scoop on the privatization of Russian real estate, the largest privatization of public property in history. You can reach Peter at: [email protected].
Peter Cooper Articles
How do you read the recent strength of the US dollar and its fall back again after the news that GDP shrunk by 0.7 per cent in the first quarter? A classic double-top perhaps?
The US dollar has topped out with its spectacular recent spike followed by a five per cent crash on Wednesday. That’s the conclusion of HSBC today, although something like the bankruptcy of Greece could still push the euro underwater again...
The dollar has staged such a stellar performance since the start of the year there is now an almost universal acclamation of its strength and a consensus that parity with the euro is very close. A strong dollar means a low gold price, or...
Last month I was at a foreign direct investment conference in Sharjah and bumped into an old friend, Mishal Kanoo, whom I had not seen for a few years. He is now the boss of his family’s multinational corporation and listed as one of the...
Day One for quantitative easing at the European Central Bank and the sixth anniversary of the start of the bull market for stocks and predictably bonds rallied and share prices fell. Gold and silver rebounded sharply from what was a...
With eurozone money printing due to start next month and the Bank of Japan continuing to print more per capita than at the height of Fed QE, there is good reason to think the ‘crack up boom’ in global stocks will last another year or so.
Elliott Wave theorists (and there a lot of technical chartists that follow their work too) argue that gold still needs to put in one last low price before it can be said to have completed the classic wave formation and then power upwards...
So the Swiss referendum on gold at the end of last year did prove to be a decisive point in the gold market cycle, after all. The fall to $1,138 on the ‘no’ vote marked the low of the cycle. However, for the rocket to send gold prices to...
Switzerland has abandoned its 1.20 peg to the euro causing some of the biggest one-day movements in foreign exchange markets in living memory. The Swiss franc soared 16 per cent against the euro. Gold and silver also gained in a flight to...
Rather like the oil price crash, the rise and rise of the US dollar was the surprise event of 2014 that every forecaster under the sun now thinks will be the theme of 2015. The consensus often being wrong in investment for well documented...
