When one thinks of Switzerland, banking comes to mind easily but gold doesn’t as much. After all, the relationship between Switzerland and gold is more ancient than the one with paper bank deposits.

The best way to avoid this manipulation is to compare real things without using the official virtual currency (dollar, euro, etc.). Gold has always been the medium of exchange that is least likely to create inflation.

I am going to try to explain the backwardation, a very technical aspect of the gold and silver market, albeit a very important one, if one wants to understand their price evolution.

There is no doubt that our actual international monetary standard based on the US dollar, in place since the breaking of the Bretton Woods accords in 1971, is living its last days. What will replace it?

We will have a continuation of the bear market in the Dow Jones and a continuation of the bull market in gold. If the secular cycle repeats, we can conclude that the Dow Jones will be priced at an ounce of gold or even less.

Oil has earned the nickname of black gold, especially since the crisis of the ‘70s and the explosion of its price. What is the relation between gold and oil? Is there one?

As the monetary crisis accentuates, a radical shift in economic thinking and the role of gold in wealth management will occur. It seems illogical to me to consider debt (bonds) safer than a real asset having demonstrated its role of preserving value for more than 5,000 years.

The bull market in gold and silver that started in 2000 seems to have ended in 2011, and a bear market started in 2013. Was gold in a speculative bubble such as we’ve known in the ‘70s, or was it only in a cyclical bull market, itself part of a secular bull market, that would lead later (2014-201...

It is said that a picture is worth a thousand words, so let us analyze this relation between gold and silver with some graphs. Gold and silver have their own markets; they sometimes converge and they sometimes diverge, but there is always an important correlation between the two.

We are aware of the currency wars, but we are a lot less familiar with the gold wars raging between the East and the West and, more particularly, between China and the United States.

Most financial analysts, including some who specialize in precious metals, analyze gold as a commodity however gold is not a commodity since unlike other commodities it is not consumed. Therefore, the traditional economic models and theories of supply and demand simply do not apply when analyzing...

It is not necessary to have a high rate of inflation or hyperinflation, as we often read in the media, for the gold price to take off. Even deflation can generate a major increase in the gold price. The only negatives for gold would be disinflation and moderate inflation.

The Volcker Rule, forbidding the largest U.S. banks from trading with their proprietary accounts, has just been approved and will take effect on April 1st, 2014. What impact will it have on the gold and silver markets?

Amidst these geopolitical and monetary secular changes happening, gold will shine again in its historical role of debt extender and stable monetary haven. However this secular monetary crisis unfolds, gold will obviously be priced much higher than today in relation to fiat currencies.

The volume of Swiss gold exports to Hong Kong was multiplied five-fold this year