Debt

It appears that highly aggressive traders—or insiders betting on confidential information—have taken out around 500,000 call options, wagering on a silver price between $900 and $1,000 by the end of the year. You may consider them reckless traders and dismiss this information…

The government poses a risk that must be factored into the development of one’s investment portfolio. Jeff Park proposes the “radical portfolio,” structured around an “inside/outside the system” approach, where the “system” refers to the government.

It is now clear that the contemporary monetary system is coming to an end. Gold has grasped the stakes of such a collapse.

Does gold signal a return of inflation? Everything points to it. Gold has recently become the world’s most traded asset by volume, surpassing U.S. debt and major currencies.

The war in Iran is not only contributing to a resurgence of inflationary pressures across the Atlantic, thereby destabilizing financial markets, but is also accelerating the global shift away from the dollar.

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.

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.

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...

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.

The downturn is now global and simultaneous: US consumption is running out of steam, unemployment is rising in Europe, household and business confidence is collapsing in China, while defaults are increasing and bond flows betray a growing flight for safety.