The method of determining the price of gold is likely to change dramatically in the coming years. The importance of the physical metal is coming back to the forefront in the face of the imbalances created by the new geopolitical context and the difficulties linked to securing supplies.

What will gold in euros (EUR) do if this sharp entry into recession materializes? The resistance of €1,750, the previous high reached in 2020, has already been reached during gold's rebound last week. If gold breaks this level, we will likely be on our way to the all-time highs for gold in Euros,...

The volatility of the markets cannot hide the fact that the economic slowdown is now a fact. And it is especially in Europe that the end of the year is likely to be complicated. Under these conditions, gold serves as a safe haven. Physical demand figures continue to reach record highs. Fear of re...

The slowdown in the rise of the dollar, the oversold situation in metals and the high level of short positions should allow a pause in the correction phase of metals. For a true rebound to occur, the market must move from a macro approach to a realization of the reality of available physical inve...

The situation on futures is totally disconnected from what is happening on the physical market and this concerns all precious metals: physical demand remains very strong on gold and silver, but also on platinum.

This is the paradox of this unprecedented situation: the collapse of demand is leading speculators to open bearish positions on metals, at the very moment when the energy crisis is threatening available stocks!

What if the fight against stagflation is only just beginning? Gold is the safe haven asset par excellence in case stagflation takes hold, especially since the supply of physical gold is decreasing.

Over the past fifty years, sharp declines in consumer confidence have always coincided with periods of gold buying. It is almost as if gold is anticipating fiscal or monetary intervention in response to this famous engine failure.

The intensity of the bond market's decline is unprecedented. Bloomberg's Aggregate Index, which measures a basket of more than 28,000 bonds, has lost more than 15% since the beginning of the year, a drop not seen since the 1970s.

The recession forecasts is leading many speculators to bet on the coming fall in commodity prices. this strategy of short selling on commodities is coming up against a problem of physical supply. In metals, reserves on the London Metal Exchange have never been so low, and the latest correction ha...

Gold is logically regaining its stable monetary value in an increasingly tense geopolitical context, at a time when the energy future of the European continent poses many questions and when the risks of stagflation have never been so great since the Second World War.

The difference between the number of certificates and the investment in physical metal is now very clearly marked. At a time when the situation on the physical stocks of industrial metals and precious metals is becoming more and more tense every week, it is finally quite logical to see so many in...

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 physic...

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.