Richard Detente explains the huge mistake that the economists make when they talk about the value of gold. This value is indeed much more a matter of human psychology before being a matter of economists.

Many of us now think that central banks are leading the way and covering the back of the markets with their monetary injections. I've been thinking a lot about this and I'm thinking that central banks may be losing control.

Dominique Strauss-Kahn, Ray Dalio, Jeffery Gundlach and Nouriel Roubini all share pessimistic views. Let’s examine together the basic economic reasons for their thinking.