Banks

The implementation of the Basel III standards on the Net Stable Funding Ratio (NSFR), in particular on allocated or unallocated gold and on its derivative products will cause an earthquake on the market, which should lead to a serious revaluation of the price of ounce of physical gold. As for the go...

The price of gold rose above $1900 at the start of the week and has since stabilized around this level. It is the first time this important threshold has been reached since last January. In terms of the monthly charts, gold is in a confirmed breakout of its consolidation “flag” which will have laste...

With the Basel III accord, the most important change for precious metals is that banks would be required to hold reserves against their assets. Under the coming regulations, banks would count unallocated precious metals at 85 percent of their value on the bank’s books in making the determination of...

Asset price inflation is now spreading to everyday goods as the velocity of money in circulation increases, in some cases exacerbated by artificially created shortages. It looks as if we have to prepare for shrinking economies and inflation. In this mix, more and more institutional investors are rec...

Faced with this brutal and disorderly rise in inflation, the Fed no longer really has a good solution open to it: either it stops monetizing the debt and provokes a financial crisis, or it carries on monetizing the debt, thereby risking a monetary crisis.

Gold and silver have not at all reflected the massive creation of money in the last 50 years. That catchup phase is likely to start very soon based on both fundamentals and technicals. The upside potential for gold and silver is multiples of the current prices and that is at today’s price levels. Hy...

For the time being, the breakout is contained, the gold prices are relatively controlled, and the figures for inflation and the value of the dollar ought to propel gold to greater heights, something that is not the case at the moment. This control of prices comes at a cost, however. Selling paper co...

For the last decade or so, BTC has made many rich, and for the next decade or so, could make others even richer. That’s a speculative bet. Fine. But for the last 5000 years, and for many more to come, gold will do what it always does: Preserve your wealth when other assets and “currencies” can’t.

No, TARGET2 is not a video game. The term is never mentioned in the media, yet it is the crucial point of fragility of the euro. A note from the French Treasury clumsily attempts to defuse this risk. Let's analyze it closely.

Few realise the consequences of the world’s insatiable need of fake money. The super bubble will inflate until it one day it totally implodes. In an investment world which consists primarily of insanely overvalued paper assets, physical gold represents sanity and eternal wealth.