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 t...

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 bene...

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 tho...

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.

If the awareness of the reality of the physical market kicks in at the same time as a change in sentiment among the institutional investors on inflation, 2022 risks being an explosive year in the precious metals sector.

Never has the proof of inflation been so tangible, and yet increasing numbers of fund managers are betting on this rise in prices being transitory, encouraged, admittedly, by the reassuring narrative coming from the monetary authorities. It is not the first time that the Fed has bet on its moneta...

Each passing week now brings a new figure on inflation which shows us that the price rise movement initiated this fall is becoming increasingly out of control.

Insiders are selling and the number of new margin accounts is skyrocketing, at a time when the markets have never been so expensive and fragile. Fear is well and truly present here...but so too is confidence. And it is this confidence that is dominating the sentiment of the markets. The central b...

The next stage of the inflationary cycle that we are currently traversing will involve efforts to control the prices by the authorities, which will logically trigger even more pronounced shortages in a production chain that is already greatly weakened by the sanitary crisis and by the rise in tra...

These interventions on the futures markets now only have very transitory effects, and at the same time, they are reinforcing the tensions on the physical side. Each enforced correction on the paper market prompts a veritable run on the physical metal. This holds true for the entire metals compart...

The Fed, for its part, is continuing to print money at the same crazy pace as before. The central bank promised to reduce its asset purchases, but by refusing to hike its rates and continuing to grow its balance sheet, it is exacerbating the rise in prices even more. There is ever more money in c...

The consumer prices index (CPI) published in the United States is a shock for the last of the faithful believers still clinging to the myth of ‘transitory’ inflation. Prices of gold and silver are breaking out. Over the long term, we note that this Gold/Copper pairing is a fairly reliable indicat...

With the sheer quantity of cash accumulated in bank accounts in Western countries, the disruption to supply chains and the melting of the stocks in the futures markets (the last ‘tools’ that are putting the brakes on the rise in precious metals), the virus of physical gold and silver will likely...

The rise in the price of gold in a cycle of yield increases is the signal that the monetary authorities are late to act on the inflationary cycle. Historically, gold has never performed so well as when the central banks ‘run’ after inflation, and lag behind in terms of the rate of increase. Today...