Daily Archives: 29/01/2026

Forever blowing bubbles

This morning the price of gold broke the £4,000/oz level. Even the Beeb news has had charts this week showing the exponential rise in bullion prices. I don’t think they were so upfront in drawing the main lesson that the accelerating rise in price over the last few years teaches: that it indicates the abandonment of confidence in the world financial system, which is built on escalating debt and rapidly depleting trust.

Posted in Politics and sociology, Theology | 2 Comments