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When a single stock soars, we often lose sight of the bigger picture. NVIDIA, for example, allows us to overlook the fact that banks are facing record losses due to the collapse of the bond market.

The dissolution of the French National Assembly is totally irrational, but the President Macron has decided to go ahead with it, so we'll just have to live with it. A huge period of uncertainty is opening up, and the markets don't like it (the CAC 40 has wiped out all its gains since the start of th...

The release of a lower-than-expected US CPI and the Fed's decision to keep rates unchanged sent gold lower, while the dissolution of France's National Assembly caused tensions to mount on the French bond market.

For over half a century, the United States has surpassed the United Kingdom as the leading international power. Its military and monetary strength, the first two of a hegemonic country, remain unrivalled. The Biden administration seeks to maintain this superpower, but the world is changing.

US markets hit new highs thanks to the rise of technology stocks, notably NVIDIA, while European households prefer bank savings. At the same time, China and other BRICS countries are increasing their gold reserves, moving away from the dollar.

Gold acts as the ultimate safe haven in today's bond market. The yellow metal is the asset that will eventually put an end to the irresponsible inflationary policies and growing indebtedness of governments the world over.

The New Gold Playbook reflects changing market dynamics driven by central bank actions, geopolitics, and the rising importance of noninflationary assets like gold and Bitcoin.

Since the October 2023 gold low of just over $1,600 gold is up but is anyone buying? Well no, certainly none of the normal players. Gold Depositories, Gold Funds and Gold ETFs have lost just under 1,400 tonnes of their gold holdings in the last 2 years since May 2022.

The fact that the price of gold remains above its break line is a signal that the Fed will not be able to keep rates at this level for very long without jeopardizing the refinancing of US debt.

Global debt has reached an all-time high of over $300 trillion. If this amount explains so many things, it is above all the driving force behind a boundless ideology in a world of risks and stakes of all kinds.