Debt

Discover the first episode of “À l'Orée de l'Éco”, our new podcast presented by Tom Benoit. France's economic situation is worrying. Public debt exceeds €3,1 trillion, and market confidence could be shaken if the ECB explicitly supports France.

The price of gold in euros has just broken an all-time record! An ounce of gold is now worth €2,300, double the price it was five years ago. Gold is soaring while oil is plummeting. Meanwhile, the Chinese economy is slowing at a rate not seen since the last financial crisis.

Confirmation of a recession, triggered by an increase in defaults in the country, heralds gold's future outperformance of the classic 60/40 portfolio. This is probably when gold will begin to attract Western investors in a significant way.

In just a few days, the global financial system found itself in deep trouble. Summer's calm and carefree mood almost made us forget that the global economy has been on a razor's edge for years. In just three weeks, over $6 trillion in stock market value has evaporated, despite the lull of recent day...

August began with a financial earthquake in Japan. The Nikkei experienced a "Black Friday" with a drop of almost -15%. It all began when the Bank of Japan (BoJ) decided to raise rates at its last meeting, ending the negative rate policy with a rise to 0.25%.

With financial markets distorted and leveraged to the hilt, global risk today is greater than ever. There is an obvious path that small and big investors can take to minimise this risk. The best solution is to create your own Gold Bank that will almost entirely eliminate financial risk and provide i...

The collapse of the correlation between the gold price and real interest rates raises many questions. In the old paradigm, it was unthinkable that the gold price would trend firmer during a phase of sharply rising real interest rates. Gold and gold investors are now entering terra incognita.

France's image in the world is plummeting at a time when its budget deficit appears to be totally out of control, reaching the same level as at the time of the Covid crisis. Remember that half of France's public debt is held by foreign investors. Any significant lack of confidence would result in a...

Gold is currently benefiting from concerns over the dual problem of debt and deficit in the United States. The more tangible the signs of economic slowdown, the more gold will succeed in reaching highs.

Taking stock of Brexit also means recalling the historical events of the past few years. The poor economic results are in fact as much attributable to Brexit as to the many recent crises, ranging from the health crisis to the Ukrainian-Russian war and geopolitical tensions around the world.