Gold Market News

Western investor sentiment towards gold is at an all-time low, while we have literally been witnessing a gold rush in Asian countries for the past two years. ETF outflows persist, particularly in Europe, while India and China step up gold purchases. Why are the Chinese and Indians buying physical gold, while financial institutions in Western countries are reducing their exposure to the precious metal...

This week, Cyrille Jubert published an excellent article on the explosive silver situation. The silver chart pattern is reminiscent of that seen at the end of 2010: The gold/silver ratio remains historically high, suggesting a relative undervaluation of silver: A return to the historical average (67) could quickly propel the price of silver to $40 an ounce. Tensions in the physical silver market over...

A very interesting review by Éric Dor, Chief Economist at IESEG, summarizing the exposure of French and European banks to French debt. French banks are naturally in first place, with very high levels of exposure. In the event of a debt crisis, i.e., if the French government were unable to finance itself, the value of these assets would plummet, instantly putting these banking establishments at risk, if...