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This article will discuss if investors in coming years really have more than the Hobson’s choice of one. Gold has been one of the top performing asset classes in this century and still nobody owns it with only 0.5% of world financial assets invested in gold.

Gold remains a strong competitor. The yellow metal is particularly popular with countries that want to de-dollarize. Central banks that bypass the dollar system of financing are the ones that have bought the most gold over the last twenty years. The acceleration of de-dollarization will therefore...

Rising wages, falling productivity: inflation is not transitory and is becoming uncontrollable for the Fed, because it is linked to a problem in the supply of raw materials.

Gold is as cheap today relative to US money supply as in 1971 when the price was $35 and in 2000 when gold was $290.

Christine Lagarde's denial, its refusal to raise the key rate, and its apathy towards inflation, will prolong the weakening of the euro against the dollar, thus creating an additional cause of inflation (raw materials being paid in dollars, the fall of the euro mechanically increases their price)...

Inflation figures will probably still be very high in Europe and the United States, especially because of record high fuel prices. But it is the Japanese inflation numbers that now need to be scrutinized.

Looking ahead, gold might attract further interest as a diversifier as central banks seek to reduce exposure to risk amid heightened uncertainty. Our expectation stands for central banks to remain net purchasers for 2022.

Investors who buy physical gold at this price level are buying insurance against the risk of a monetary policy error by the Fed.

Bank of Russia Governor Elvira Nabiullina dismissed the idea of pegging the ruble to gold after the Kremlin said it was a proposal under consideration.

Silver demand will climb to a record level this year thanks to increasing use of solar panels as governments boost renewable energy to meet climate goals, setting the stage for years of supply deficits, an industry report said on Wednesday.