Gold

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.

The current period responds to historical dynamics that transcend it. We are at the end of a cycle, where phenomena similar to those we have already experienced are returning: record deficits, high debt, rising public spending, declining growth, unprecedented inequality, and, last but not least,...

The stress observed in cryptocurrencies and silver is not a mere epiphenomenon: it is the first sign of a market regime that is beginning to strain beneath the surface.

This week we'll review a few ratio charts that compare the Gold price to various measures of housing in the United States.

Friday, January 30, 2026, will go down as a landmark date in the gold and silver markets. Both metals recorded their sharpest daily swing since at least the 1980s, bringing several weeks of intense speculation to an abrupt end.

On Thursday in New York, gold opened at $5,630. The following day, it hit a low of $4,700, a difference of nearly $1,000 in just 24 hours. Meanwhile, in Shanghai, physical gold closed at $5,209. How can we explain such price discrepancies between different markets? And above all, how can we justi...

The break in the Dollar Index below its long-term trend is not simply a technical accident. It reflects a much deeper change. In this context, precious metals are regaining their monetary function.

It's funny how gold and bitcoin seem to have swapped roles since the beginning of 2025: usually placid and steadily rising, gold is now skyrocketing like bitcoin in the midst of a bull run, while the digital currency is enjoying a year of calm and stability.

Across the centuries, gold has functioned as currency, ornament, reserve, and metaphor—embodying the human desire for permanence in a world of change. In an age of crypto assets, artificial intelligence, and central bank digital currencies, its persistence raises a question both ancient and moder...

In 2026, the digital euro is set to take a new turn. While the euro has steadily lost value in recent decades and European countries' budgets are sinking into the red, this digital euro would serve as a relay to maintain the stability of the European monetary system. At a price that no one can ye...