GoldBroker.com

When central banks gradually lose the ability to offset physical constraints through monetary adjustments, and when governments must simultaneously intervene in the foreign exchange, bond, energy, and credit markets to preserve the stability of the system, gold ceases to be merely a hedge against inflation.

Public debt has reached historic levels around the world, while governments are struggling to contain their deficits. As the risk of a new monetary crisis grows and debt cancellation returns to the debate, could gold play a central role in the next monetary regime shift?

We may be witnessing the return of a macroeconomic regime in which gold is no longer merely a hedge against inflation, but one of the few assets capable of simultaneously protecting against monetary deterioration, sovereign risk, and the weakening of the financial system.

No one has mentioned this yet, but let’s get ahead of the question. Since we’re in the thick of the presidential election campaign and ideas we might call “original” are starting to pour in, it’s best to take the initiative. Let’s consider, for example, the proposal put forward by Jean-Luc Mélenchon — and also supported by several economists — which involves canceling the porti...

Oil prices have just surged sharply following the announcement of new U.S. strikes in southern Iran. Brent crude surpassed $92, and WTI approached $90. Several explosions were reported around Bandar Abbas, Qeshm, and near the Strait of Hormuz. Two supertankers leaving the strait were also reportedly hit by projectiles, which immediately reintroduced a risk premium on th...