Debt

In just a few days, the global financial system found itself in deep trouble. Summer's calm and carefree mood almost made us forget that the global economy has been on a razor's edge for years. In just three weeks, over $6 trillion in stock market value has evaporated, despite the lull of recent...

August began with a financial earthquake in Japan. The Nikkei experienced a "Black Friday" with a drop of almost -15%. It all began when the Bank of Japan (BoJ) decided to raise rates at its last meeting, ending the negative rate policy with a rise to 0.25%.

With financial markets distorted and leveraged to the hilt, global risk today is greater than ever. There is an obvious path that small and big investors can take to minimise this risk. The best solution is to create your own Gold Bank that will almost entirely eliminate financial risk and provid...

The collapse of the correlation between the gold price and real interest rates raises many questions. In the old paradigm, it was unthinkable that the gold price would trend firmer during a phase of sharply rising real interest rates. Gold and gold investors are now entering terra incognita.

France's image in the world is plummeting at a time when its budget deficit appears to be totally out of control, reaching the same level as at the time of the Covid crisis. Remember that half of France's public debt is held by foreign investors. Any significant lack of confidence would result in...

Gold is currently benefiting from concerns over the dual problem of debt and deficit in the United States. The more tangible the signs of economic slowdown, the more gold will succeed in reaching highs.

Taking stock of Brexit also means recalling the historical events of the past few years. The poor economic results are in fact as much attributable to Brexit as to the many recent crises, ranging from the health crisis to the Ukrainian-Russian war and geopolitical tensions around the world.

We'll try to understand how a recession manifests itself and how long it takes to materialize. As a reminder, recessions are often beneficial for gold price growth.

The global economic slowdown is having a direct impact on the accelerating depreciation of the Japanese currency. Under these conditions, the price of gold in yen continues its parabolic rise.

The slowdown in the US economy is amplified by structural problems in the labor market and inflation, masked by a rise in part-time employment and temporary support measures, with an increased risk of recession due to the prolonged inversion of the yield curve.