After Inflation, the Great Depression?
Inflation will persist. Central banks are slow to react and the current level of interest rates will not be enough to stop the rise in prices. A "great depression" is looming…
Read articleInflation will persist. Central banks are slow to react and the current level of interest rates will not be enough to stop the rise in prices. A "great depression" is looming…
Read articleLet'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 !
Read articleThe Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency.
Read articlePhysical silver demand has dramatically skyrocketed. The deficit was barely 50 million ounces last year. This year, the deficit has exploded to 237 Moz. In other words, silver demand exceeds supply by 7,393 tons. A colossal figure!
Read articleThe Gold/SPX (S&P 500 index) ratio appears to be breaking out of its third major consolidation in the last 100 years. The Silver/SPX ratio shows a similar story to that of Gold/SPX, as it too is breaking out of its third major consolidation in the past 100 years.
Read articleIt is fascinating how the gold-to-S&P 500 ratio continues to track its historical performance once again after major distortions across the US Treasury curve. Today's outperformance of precious metals relative to the overall equity market is still in its initial phase.
Read articleThe debt/GDP ratio is now too high to continue the restrictive monetary policy. The Fed is stuck, it has no choice but to stop its fight against inflation in a context of economic slowdown. Stagflation is now inevitable. It is precisely this type of stalemate and stagflationary environment that g...
Read articleEconomic and (geo)political developments in recent weeks and months have indeed been exciting. In many areas, it looks as if we are heading for a showdown, for a lasting, formative change. The following five charts present the multi-faceted showdowns that are happening right now before our eyes.
Read articleThe bullish impulse in silver prices is, in any case, very strong in recent weeks. The movement resembles the very bullish phases of 2010 and early 2020. Silver rises on "feverish rush". This is characteristic of a metal whose prices are highly regulated by the futures market and whose tangible u...
Read articleIt appears the debate about whether Gold/Dollar was forming a massive 10+ year Cup & Handle will soon be answered, as price officially broke out of the structure and closed at an All Time High quarterly closing price of $1,968.53 for Q1, 2023.
Read articleThe intensification of banking concentration amplifies the control and power of these banks over citizens and states, and risks deeply damaging the economic fabric of these countries in the medium and long term.
Read articleThe level of French banks' CDSs does not currently present any risk for these institutions, probably because of a less aggressive monetary policy in Europe, which limits the damage. An acceleration of the rise in interest rates in Europe would threaten the French government's deficit, but it is i...
Read articleGrant Williams interviews Egon von Greyerz about the importance of wealth preservation in today's economy, emphasizing that global debt has tripled in the last 20 years, increasing risk exponentially. Von Greyerz believes that gold is the best way to protect oneself against this risk, as it has h...
Read articleWhen 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.
Read articleChina’s February net gold imports via Hong Kong nearly tripled from the previous month, surging on the back of a rebound in demand post Lunar New Year celebrations and a drop in bullion prices through the month.
Read articleRelative to M2 money supply, silver remains one of the cheapest tangible assets in markets today.
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