Articles


Central Bank Reserves: Bitcoin vs. Gold?

Published by Julien Chevalier | Mar 12, 2025 | 5118

Over the past two decades, central bank reserves have undergone profound changes as ideologies have been renewed. De-dollarization is gradually establishing itself as a marker of the decline of the United States, while sovereign assets occupy a growing place, symbolizing the transition to a new w...

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Think Inflation Is Done? Think Again!

Published by Mike Roy | Mar 10, 2025 | 3090

If you spend much time listening to the political pundits, you'd think that our monetary inflation over the past few years was a "transitory" phenomenon, one caused exclusively by COVID, and a problem no longer worth worrying about as it fades into our rearview mirror. Unfortunately, I'm here to...

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Money: Between Violence and Peace

Published by Julien Chevalier | Mar 4, 2025 | 6110

What is the real power of money? Money is at the heart of our exchanges. Commercial exchanges, naturally, but also social and cultural ones. By linking individuals, it helps to pacify relationships, and thus plays an almost religious role. At the same time, through its creative power, it generate...

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Stock Market: The End of a Bullish Cycle?

Published by Thomas Andrieu | Feb 26, 2025 | 6892

Since the crisis in 2020, the US stock market has grown at a sustained rate of +20% per year. Since 2022, this rise has been further accentuated by the rise of artificial intelligence. Despite the momentum of innovation and continued growth in the US, the strength of this bull market is raising q...

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The End of Paper Gold?

Published by Laurent Maurel | Feb 21, 2025 | 25545

Are we witnessing the end of paper gold? Currently, 100 ounces of paper gold are traded for every ounce of physical gold available on the market. If paper gold investors lose confidence in their counterparties against a backdrop of physical metal shortages, we'll be witnessing a historic event in...

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Gold Enters A New Reality

Published by Julien Chevalier | Feb 12, 2025 | 32254

Gold is the barometer of current events, and as such, it sends out a very strong signal. At a time when the global economy is reeling under the effects of financial instability, trade wars and geopolitical conflicts, the yellow metal is racking up record after record.

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Silver Ratios Suggest It's Historically Cheap!

Published by Mike Roy | Feb 11, 2025 | 12006

As gold makes yet another All Time High this week and now sets its sights on $3,000, silver remains in the low-$30s with investors left wondering just if and when the metal will start to move. This week, we'll take a look at a couple of ratio charts that will renew your enthusiasm for silver.

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Gold's Lack of Yield: A False Problem

Published by Philippe Herlin | Feb 6, 2025 | 13654

There is an argument against buying gold that really ticks me off (and the same goes for bitcoin): it offers no return, no interest and no dividend, unlike conventional investments (stocks, bonds, life insurance, bank savings accounts, rental property). It would be a second-rate asset, imperfect...

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London Gold Market Defaults on Physical Gold Deliveries

Published by Cyrille Jubert | Feb 3, 2025 | 111731

Since the announcement of Trump’s victory, the COMEX has been facing exceptionally high Gold delivery demands.This required a veritable airlift to transfer 393 tonnes of gold from the LBMA’s London warehouses to the COMEX vaults in New York, bringing the New York gold stocks to 926 tonnes. This m...

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