Central banks

The Foretold Death of Paper Gold

Published by Cyrille Jubert | Apr 22, 2025 | 25798

On July 1, 2025, U.S. banks and financial institutions will be subject to the Basel III NSFR rules. For the gold market, this means that unencumbered physical gold in the capital of a bank will be considered a guarantee of financial solidity.

Read article





Central Bank Reserves: Bitcoin vs. Gold?

Published by Julien Chevalier | Mar 12, 2025 | 16262

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...

Read article



Money: Between Violence and Peace

Published by Julien Chevalier | Mar 4, 2025 | 12035

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...

Read article

Stock Market: The End of a Bullish Cycle?

Published by Thomas Andrieu | Feb 26, 2025 | 11832

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...

Read article
We put safety at the core of our business