Financial markets

The tyranny of time is a fact of life in the modern world. The fear of the future and of emptiness, ingrained in everyone, is exploited to turn time into a scarce commodity to be maximized.

The German economy is suffering its sharpest fall in orders since the 2009 crisis, while global financial markets, particularly in the US, continue to soar.

The bad news is piling up for France, prompting some to take concrete decisions, such as transferring their capital abroad.

This week, we'll look at a couple of interesting long term charts of both gold and the dow to see how technical analysis suggests they MIGHT play out in the decades ahead.

Could Donald Trump's election put the brakes on gold's rise? In 2016, the Republican candidate's victory in the US presidential election led to a €100 drop in the price of gold in euros, with the price falling from €1,180 to €1,080 in the four weeks following the election.

The Fed has cut rates by 50 basis points, but so far this has proved to be a resounding failure: rates are rising, once again threatening the bond market and real estate. A few Nasdaq stocks are playing the role of safe havens, while the price of gold is still climbing silently and parabolically.

This week, we'll look at a few ratio charts of silver vs. some major US stock indexes to see just how inexpensive silver remains against equities.

The huge paper-gold bubble is about to burst, and short sellers find themselves trapped in a short squeeze. It is this phenomenon that has driven the price of gold steadily higher over the past year, and will continue to do so until gold reaches multiples of its current price.

Just over a year ago, I wrote that physical gold had become more reliable than Treasury bills, a trend now confirmed by Bank of America, which anticipates a potential replacement of Treasury bills by gold as a safe-haven asset, despite JPMorgan's reservations.

The BRICS nations' New Development Bank is still a modest alternative to the World Bank and IMF, held back by limited capital, dependence on the dollar and imperfect governance. However, global rebalancing could work in its favour.