Financial crisis

The dual situation of the Bank of Japan stalemate - whose credibility is currently being tested by the markets - and the ongoing currency war are clearly benefiting gold.

A gloomy outlook: inflation is set to remain persistently high in Europe. We've been saying this for a long time. A Natixis study supports this view and identifies several factors (which we re-rank in order of importance) driving up prices in the long term.

Gold is attracting growing interest in an international environment marked by multiple challenges and a climate of permanent uncertainty. Progressive de-globalization and contemporary societal aspirations also accentuate the importance of an independent asset, subject to no authority.

All Empires die without fail, so do all Fiat currencies. But gold has been shining for 5000 years and as I explain in this article, Gold is likely to outshine virtually all assets in the next 5-10 years.

Gold is breaking records in dollars, but also in euros. In Japan, gold is reaching dizzying heights: the depreciation of the currency is even more pronounced in the land of the rising sun.

Wars and inflation will lead to a major shift into gold by Central Banks, the BRICS as well as for wealth preservation purposes.

This week we will look at the CRB Index chart, a broad proxy for the global commodities market that includes gold and silver, highlighting a bullish trend and recent inflationary breakout and we will look at is the ratio of silver to the CRB.

Gold is once again the preferred investment in Asia, to the detriment of the stock market and real estate. In the West, we're not seeing a gold rush, but rather a rush into technology stocks.

The history of gold spans several millennia and the entire globe. The cornerstone of civilizations, used as a medium of exchange and then as a standard, gold as a currency helped create trust between individuals. As the heart of the global economy shifted, so did the world's gold reserves.

2024 could be the year of major social and political upheavals. Bad-mouthing gold does not prevent a crisis, it exacerbates it, because it deprives the population of the golden safety net. Without a safety net, people are known to fall deeper and harder.