Financial crisis

Inflation will persist. Central banks are slow to react and the current level of interest rates will not be enough to stop the rise in prices. A "great depression" is looming…

It is fascinating how the gold-to-S&P 500 ratio continues to track its historical performance once again after major distortions across the US Treasury curve. Today's outperformance of precious metals relative to the overall equity market is still in its initial phase.

The debt/GDP ratio is now too high to continue the restrictive monetary policy. The Fed is stuck, it has no choice but to stop its fight against inflation in a context of economic slowdown. Stagflation is now inevitable. It is precisely this type of stalemate and stagflationary environment that g...

Economic and (geo)political developments in recent weeks and months have indeed been exciting. In many areas, it looks as if we are heading for a showdown, for a lasting, formative change. The following five charts present the multi-faceted showdowns that are happening right now before our eyes.

The bullish impulse in silver prices is, in any case, very strong in recent weeks. The movement resembles the very bullish phases of 2010 and early 2020. Silver rises on "feverish rush". This is characteristic of a metal whose prices are highly regulated by the futures market and whose tangible u...

The intensification of banking concentration amplifies the control and power of these banks over citizens and states, and risks deeply damaging the economic fabric of these countries in the medium and long term.

The level of French banks' CDSs does not currently present any risk for these institutions, probably because of a less aggressive monetary policy in Europe, which limits the damage. An acceleration of the rise in interest rates in Europe would threaten the French government's deficit, but it is i...

China’s February net gold imports via Hong Kong nearly tripled from the previous month, surging on the back of a rebound in demand post Lunar New Year celebrations and a drop in bullion prices through the month.

In this video, Egon von Greyerz and Matthew Piepenburg squarely tackle the global banking crisis from Credit Suisse to Silicon Valley. Now, more than ever, clear analysis, honest math and historical context are needed to prepare investors for what is happening in real time, as well as addressing...

Are central banks panicking? The Fed's surprise intervention to try to stop the contagion linked to the SVB bankruptcy was not enough to stop the global run on bank deposits.