War and the Gold Supercycle
While some banks maintain expectations of prices exceeding $6,000 per ounce, and following gold’s spectacular rise in 2025, should we expect this super-cycle trend to continue?
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While some banks maintain expectations of prices exceeding $6,000 per ounce, and following gold’s spectacular rise in 2025, should we expect this super-cycle trend to continue?
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This week, we'll take a broader look at three ratio charts that must go the way of the bulls if the metals are to see that next leg higher.
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The price of gold is currently under pressure, not because its fundamentals are being called into question, but due to forced selling.
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Last week, Gold/Euro had recently completed an historic measured move that was 20-years in the making. This week, we'll return to Gold and Silver in dollars but continue to analyze the recent blowoff moves and why a retrace/consolidation is to be expected before the next major leg higher.
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While equity markets remain artificially propped up by low volatility, gold is consolidating. This phase does not reflect weakness, but rather a period of accumulation.
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Given the situation of COMEX in New York and the difficulties experienced by the London market in October, a growing part of the world is turning to the Shanghai fixing. India's decision is a clear illustration of this: the world's center of gravity is no longer in Europe, but in Asia.
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The Strait of Hormuz, one of the world's main energy arteries, is partially paralyzed. Even so, the price of gold is showing little reaction to the extreme volatility of oil prices. It remains focused on a deeper dynamic within the financial system: that of credit.
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In just a few days, the global geopolitical and economic situation has suddenly become tense. The attack by the United States and Israel on Iran on February 28 caused a sharp rise in oil prices and reignited fears of inflation.
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The conflict in Iran reminds us that the world has truly entered a new era. The recurrence of wars is accompanied by persistent inflationary risks and a profound redefinition of global balances. How might financial markets and gold prices react?
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The gap between the euphoria in the equity markets and the first cracks emerging in certain areas of credit is striking. In this environment, gold plays the role of an insurance against a financial accident or a sudden reversal in liquidity.
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The illusion of a transatlantic alliance is crumbling day by day. As threats to European countries multiply, Donald Trump is simply repeating what the United States has always done: dividing Europe without breaking the alliance, in order to maintain its hold. But this time, European countries see...
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This week we will look at both Gold/Euro and Silver/Euro and see what their similar chart structures might be telling us about the future direction of metals prices.
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What we are experiencing today goes beyond mere technological euphoria or fears of sector disruption. The AI cycle reveals a paradox: as intelligence becomes increasingly dematerialized, markets are rediscovering the value of the tangible.
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There has been a lot of angst in the Silver investing community since the price topped around $120 last month before shedding nearly half its value in a matter of weeks. This week, we are going to take a closer look at the short term price action and will see that the chart pattern looks pretty f...
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Major technology stocks are showing signs of running out of steam. Conversely, flows into gold are taking on an almost parabolic momentum. Central banks are continuing their purchases, and ETFs are setting new records.
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Between wars, demonetization, exports, and resales, the actual amount of gold held by the French remains unknown. While the French have purchased nearly 240 tons of gold over the past fifteen years, their appetite for gold remains moderate compared to their neighbors. In this context, how can we...
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