Supply & Demand

The realization of the disconnection between the paper market and physical supply is likely to come very late: it is only when copper reserves are almost exhausted that the importance of physical versus paper will be truly measured. This sudden realization, which will also occur in silver, could...

In the face of the current transformation of the world economy, gold seems to be the safe haven asset par excellence, especially for central banks. Many of them are seeking to diversify their reserves in the face of inflation, rising geopolitical tensions and, last but not least, with the aim of...

China's gold reserves rose by 8.09 tonnes to 2,076.47 tonnes at the end of April, marking the sixth consecutive monthly increase in gold holdings.

Dow/Gold currently finds itself testing the lower rail of what may be a large Bear Flag. If it is a halfway flag, similar to that of the 1970s, the resulting measured move from a breakdown would be below 3. 30,000 Dow/$10,000 Gold? 6,000 Dow/$2,000 Gold? 90,000 Dow/$30,000 Gold? The answer will b...

Silver/Euro has already broken out on the monthly chart. Breakouts on higher time frames are even more significant, and this chart is an important piece of evidence that supports all time high prices ahead.

Let's decipher the fundamentals of the silver market and the outlook for 2023. The latest World Silver Survey 2023 shows that the silver supply gap is historic and quite significant. This supply deficit alone represents 20% of total market demand !

Physical silver demand has dramatically skyrocketed. The deficit was barely 50 million ounces last year. This year, the deficit has exploded to 237 Moz. In other words, silver demand exceeds supply by 7,393 tons. A colossal figure!

When are economic conditions favorable for the price of gold? Are there technical configurations that are more favorable than others for buying gold? In this paper we propose to conduct an empirical analysis that is essential to any good investor in gold.

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.

Central banks are buying at a historic pace, demand for physical gold is rising sharply, and gold mining production is stagnating due to rising costs. This trend is indicative of a new equilibrium that is, so far, a bullish factor for the gold price.