Banks

In the economic turmoil, the FGDR's deposit guarantee scheme is an illusion in the face of real risks, emphasizing the importance of diversifying one's financial assets to guard against banking crises.

The price moves in the coming months and year are likely to be spectacular. The combination of technical and fundamental factors can easily drive gold well above $3,000 and silver to new highs above $50.

The dual situation of the Bank of Japan stalemate - whose credibility is currently being tested by the markets - and the ongoing currency war are clearly benefiting gold.

In a January 2024 publication, JP Morgan unveiled its outlook for the gold price. The world's leading bank, with a market capitalization of over $500 billion, stated that “a cutting cycle is expected to be positive for bullion and supportive of a rally in prices in the second half of 2024”.

The history of gold spans several millennia and the entire globe. The cornerstone of civilizations, used as a medium of exchange and then as a standard, gold as a currency helped create trust between individuals. As the heart of the global economy shifted, so did the world's gold reserves.

Chinese investors continue to shun the stock market and the real estate sector. This week, the real estate crisis took on a new dimension with the liquidation of Evergrande. China's largest property developer was forced into bankruptcy due to the lack of a convincing restructuring plan, resulting...

The banking crisis of spring 2023 was marked, first and foremost, by the failure of three US regional banks. These types of banks, which are all the more vulnerable to market conditions and are not systemic, are still experiencing financial difficulties that could lead to further bankruptcies.

Recent rises in inflation have plunged the continent into an unprecedented stalemate: the farmers' protest movement is mainly attributable to the consequences of this general decline in purchasing power recorded in Europe over recent quarters.

The latest U.S. inflation figures are well above predictions. The consumer price index (CPI) rose by +3.7% year-on-year in December. Inflation appears to be accelerating, exceeding the pace recorded at the same time last year.

With many political elections due to take place in 2024, the economic and financial outlook is likely to tip the balance for better or worse.