Clients Only


Online services

International Monetary Research Ltd. offers two levels of online service.

Individual user subscription:

An individual user subscription has two components. The first is a weekly e-mail message, with Tim Congdon's latest analysis of the global macroeconomic situation, with particular attention being paid to developments in banking systems and the resulting monetary trends. At least 40 e-mail messages a year are sent to clients. The second is access to the "Clients only" area of the website.

The fee for the individual user subscription is £1,900 a year or the equivalent in a convertible non-sterling currency.

Multiple user subscription:

The second - available to at least four, but no more than six subscribers all working for the same company - are the same combination of weekly e-mail messages and access to the "Clients only" area of the website, plus the ability to discuss the macroeconomic situation with Tim Congdon over the phone or by exchange of e-mail messages.

The fee for the multiple user subscription is £6,900 a year or the equivalent in a convertible non-sterling currency.


Subscription arrangements can be made by separate negotiation for larger numbers all working for the same company. The services provided by International Monetary Research Ltd. are believed to be "permitted investment advisory services" and to qualify for soft commission arrangements.

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