Rising wages, falling productivity: inflation is not transitory and is becoming uncontrollable for the Fed, because it is linked to a problem in the supply of raw materials.

Inflation figures will probably still be very high in Europe and the United States, especially because of record high fuel prices. But it is the Japanese inflation numbers that now need to be scrutinized.

Investors who buy physical gold at this price level are buying insurance against the risk of a monetary policy error by the Fed.

The market correction did not benefit US bonds and despite the fall in commodities and especially mining stocks, gold did not deviate and even held its support at $1900.

At the start of this week, gold is correcting, but the pullback is very measured when you look at the pace of the rise in the U.S. ten-year. The fact that gold is not correcting under these conditions is evidence of the significant level of demand for the precious metal.

In this period of high demand for physical gold, the pressure on allocated accounts increases. This makes sense, as it is especially during these periods of high demand that owners of physical gold want to verify the accuracy and veracity of the inventories they hold.

The decline in demand for the US currency is taking place at a time when the risks of the Fed's failure to combat inflation are threatening the intrinsic value of the dollar. Gold is therefore likely to be the winner of this monetary devaluation. This is undoubtedly what American buyers of physical...

Even if this is not the path chosen by the Japanese central bank, more and more observers believe that the fight against inflation must be a top priority in order to avoid the predicted disasters of war and famine to which these periods of inflation logically lead.

The sharp rise in rates is traditionally unfavorable to gold and it is quite surprising to see gold prices hold this week at such high levels, especially after such a change in the Fed's rhetoric. Gold is not reacting to the rate hike because the pace of inflation is not slowing down, so real rates...

With increased price controls and increased trade controls, the price of physical gold is likely to become increasingly disconnected from the official price of the futures market. This movement is likely to accelerate when we see the first shortages of metals, which will be the consequences of these...

The commodity futures market has been experiencing a shock that calls into question its functioning and integrity. Physical gold regains the status of a priority investment in such a context.

These few days of conflict have already transformed what we have known since the end of the Soviet era, economically, financially and geopolitically. Let's leave the geopolitical analysis to others more competent than me and try to focus on the impact of this war on our favorite subject, namely the...

The level of inflation is even higher than during the last oil shock in the 1970s. This environment is very favorable to gold. Let's look at the effects of inflation on the real estate market.

After having contributed to the misallocation of capital, and forced an unfair distribution of wealth, the monetary policies of central banks are now plunging us into direct impoverishment, the impact of which will become much more noticeable in daily life.

We would therefore be in a much faster dynamic than in 2016, with uncontrollable inflation and a corporate credit market already in free fall: a configuration that increases the risks of a major monetary policy error. At such a level, it is perhaps this risk that gold is highlighting.

In all three scenarios, the long-term price of gold will rise to a level well above that of today. Only short-term movements and volatility in this rise would be impacted under these three perspectives.

If the rate hike that has been decided on turns into a bluff, inflation is likely to get out of control and that will have even more damaging consequences. It is urgent to break this inflationary spiral to avoid much more serious societal problems! This stalemate in which the Fed has settled benefit...

One can’t simply snap one’s fingers and, just like that, restore equilibrium to a system that is based on the outsourcing of production centers, by bringing inflation back down while preserving demand! Will a rate rise now be sufficient to correct the current problem in the global production chain?

The reserves for the next rise in gold are certainly present in Germany and in other countries with high savings rates. At the same time, faced with this inflationary shock, we are witnessing the confidence that these savers have in the ECB being eroded a little more with each passing day. In those...

2022 is beginning in a very different environment than that of last year. This is the time of year when it is necessary to consult the major institutions’ forecasts regarding the evolution of the gold price in 2022.