Thomas Andrieu

This article focuses on a complex property of the gold market: timing. The price of gold can sometimes stagnate for more than a decade, while at other times it can rise dramatically. Even so, gold remains an asset that is more difficult to determine by precise financial cycles.

Gold mining companies have a significant influence on the price of the yellow metal. With demand for physical gold tending to run out of steam in the first quarter of 2023, the pressure on production costs raises questions about the outlook for the gold price.

Let's decipher the fundamentals of the silver market and the outlook for 2023. The latest World Silver Survey 2023 shows that the silver supply gap is historic and quite significant. This supply deficit alone represents 20% of total market demand !

When are economic conditions favorable for the price of gold? Are there technical configurations that are more favorable than others for buying gold? In this paper we propose to conduct an empirical analysis that is essential to any good investor in gold.

Central banks are buying at a historic pace, demand for physical gold is rising sharply, and gold mining production is stagnating due to rising costs. This trend is indicative of a new equilibrium that is, so far, a bullish factor for the gold price.

The usefulness of fractals as a mathematical tool in forecasting and investment decisions is absolutely significant. After introducing the concept of fractals in this article, we will focus on the question of whether or not the price of gold is indeed time dependent.

FTX bankruptcy reminds us how important it is to pay attention to one's intermediaries on the one hand, and to the security of one's assets on the other. In this context, gold stands out from cryptocurrencies and reminds us once again of the lack of comparability between both assets.

2022 will have confirmed our expectations. The price of gold has (so far) remained broadly stable with sharp movements linked in particular to the war in Ukraine. However, as we have shown, these movements are symmetrical with the past evolution of gold prices. Although the year 2022 is not over,...

As the constraints of rationing, loss of purchasing power and taxation of wealth loom large, this situation is reminiscent of the 1930s and Franklin Delano Roosevelt's confiscation of gold.

How does the price of gold coordinate the players in the gold market? Investors, miners, central banks, funds, individuals, etc. How has the behavior of each of these agents been historically influenced by the price of gold? This question is rarely asked by market specialists and yet deserves to...

What is the difference between gold and the companies that mine it? What is the profile of the mining companies? What are the different risks and performances associated with mining companies compared to the gold price? These are all questions that are essential to understanding the gold market.

The idea that an increase in the quantity of money in circulation has no impact on prices is historically and mathematically wrong. As we will detail exclusively here, it is important to understand the mechanics that link money creation and inflation over time.

As public debt in the eurozone approaches 12 trillion (95.6% of GDP), the single European currency has never been so threatened by structural instabilities. On the one hand, the ECB's key interest rate changes are increasingly inappropriate for such a differentiated monetary union. On the other h...

Gold is known for its rarity and reliability. However, the usefulness of gold has not ceased to evolve over the last few centuries. Both an object of desire and speculation, gold has experienced several panics synonymous with crashes or price explosions. In the 19th century, financial markets wer...

At a time when history is crying out, it is possible to understand the links between gold, inflation, and geopolitical events. This link is so close that the study of inflation alone allows us to infer the future direction of gold.

The relatively sizable historic decline of the gold price makes it possible to draw detailed conclusions about the regular phases of evolution of the price of gold. In this article, we take a look at an exclusive approach to the cyclical nature of gold, the major phases of growth since the 1970s,...

The investment horizon is a key element for a successful investment in gold. The yellow metal, beyond the tumult of speculation or the clamor of stocks and shares, is a truly unique and enticing asset for long investment horizons.

Gold is an eternally stable asset. It has one of the lowest levels of volatility one can find anywhere on the stock markets. What’s more, variations of an extreme nature are very rare. Furthermore, by contrast with most other assets, the absolute gold variations demonstrate stability and a high d...

The governments and central banks have crossed a point of no return, meaning that structural reforms to our monetary system are inevitably going to be required. Judging by the previous cycles, said reforms should become a necessity before the next 20 years are out. There is an urgent need to anti...

Recently, the Silver Institute published its annual report. The report states that silver could rise by more than 30% in 2021, primarily as a result of the spike in demand. The unprecedented context of the crisis has shaken up the market, and seems to be bringing an end to a long, persistent peri...