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Tag: Goldman Sachs

STEELLDYThrough Steelldy consulting company, I assist companies, fintechs, and institutions in two key areas: ◙ Economic and financial statistical modeling via our DaaS & SaaS software (macroeconomic index platform). Analysis of the transition to a multipolar world: stablecoins, gold, copper, precious metals, industrial metals, oil, dollars, euros, yuan, yen, rubles, CBDC, BISIH, mBridge, Unified Ledger, BRICS, and global regulations. ◙ Web3 Law & Taxation Legal and Tax structuring of blockchain-based projects, RWA, tokenization, cryptocurrency (stablecoins, CBDC), decentralized autonomous organizations (DAO), MiCA compliance, ISO 20022, AI, MANBRIC/biotech technologies, robotics, smart cities, and ESG taxonomy.

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lntélligence artificielle

How Circular Financing in AI Creates Hidden Risks Beneath a Boom

Circular financing in the AI sector refers to a tightly interlinked system of equity investments, compute commitments, guarantees, and off-balance-sheet structures among chipmakers, hyperscalers, AI labs, and data-center operators. Money and obligations circulate among a small group of counterparties, accelerating infrastructure buildout while amplifying downside risks if end-user monetization falls short. How It Works.…

5 days ago0Comments

ByOleg Turceac

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Analyse de marché

Markets

Crisis and Tactical Roadmap on the Turkish Lira (TRY) Crash

https://www.steelldy-indices.com The TRY is no longer a currency; it is an Exotic Option on Credibility. Traditional analysis (GDP, balance of payments) is obsolete. Our framework, based on M. theory and signal processing in "quantitative finance," reclassifies the Turkish Lira not as a currency subject to depreciation, but as a perpetual down-and-out barrier option on the…

07/21/20260Comments

ByOleg Turceac

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Analyse de marché

Markets

Gold Dip Is Just “Noise,” Says VanEck Manager

EXECUTIVE SUMMARY Imaru Casanova, precious metals portfolio manager at VanEck, describes the recent correction in gold as "noise." This stance, far from being naive optimism, is based on rigorous quantitative analysis that we have reconstructed and validated using our internal engines (Steelldy 12.4, Steelldy Behavioral Matrix 2.1, Mosaic Theory 4.2). The conclusions are…

07/15/20260Comments

ByOleg Turceac

Close-up of two golden Bitcoin coins on a tablet screen displaying financial data.

Cryptos

Structural risk of private banking blockchains on Bitcoin and the crypto ecosystem

https://www.steelldy-indices.com JPMorgan's note from July 9, 2026 identifies a structural threat to Bitcoin and public cryptocurrencies: the rapid expansion of private and permissioned blockchains driven by commercial banks (Kinexys, JPM Coin, tokenized deposits, CBDCs). This trend, supported by settlement volumes exceeding $4 trillion on Kinexys, could siphon institutional demand for public digital assets by offering…

Why OCBC Cut Its Gold Price Outlook by 15% While Other Banks Stay Bullish

On the last day of June, gold traded at $4,023 per ounce. Oversea-Chinese Banking Corporation (OCBC), a major Southeast Asian bank, lowered its year-end gold forecast from $5,100 to $4,360, citing rising real yields, a stronger U.S. dollar, and a more hawkish Federal Reserve policy. https://www.steelldy-indices.com The bank also reduced its silver forecast by about…

07/02/20260Comments

ByOleg Turceac

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Analyse de marché

Goldman Sachs Slashes Gold Forecast to $4,900, Blaming Delayed Fed Rate Cuts

On June 19, Goldman Sachs analysts Lina Thomas and Daan Struyven lowered their year-end gold price forecast from $5,400 to $4,900. Specifically, Goldman Sachs no longer believes the Fed will cut rates in 2026, so the bank shifted its first expected rate cut to June 2027. JPMorgan has not changed its position. Its year-end…

06/23/20260Comments

ByOleg Turceac

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Analyse de marché

UBS Cuts Gold Price Target But Remains Bullish on Long-Term Drivers

UBS has lowered its 2026 gold price target to $5,500 from $5,900, citing higher Treasury yields and a stronger dollar. Analysts Dominic Schnider and Wayne Gordon at UBS noted that "alternative costs" are becoming more significant as real interest rates remain high, making non-yielding assets like gold less attractive. However, the core reasons for a…

05/28/20260Comments

ByOleg Turceac

Analyse de marché

Risque systémique pour l’économie américaine et le dollar suite à l’escalade Iranienne

L’escalade militaire entre les États-Unis et l’Iran, initiée fin février 2026, a déclenché une reconfiguration structurelle du système financier mondial. L’Iran a monétisé le détroit d’Ormuz en imposant un péage de $2 millions par passage de pétrolier, payable exclusivement en yuans chinois ou en USDT sur le réseau Tron . Cette décision transforme un conflit régional en arme de destruction massive contre le système…

03/31/20260Comments

ByOleg Turceac

Analyse de marché

The US Treasury announcement on 03/13/2026 temporarily lifts restrictions on Russian oil

The US Treasury issued a temporary waiver on restrictions for certain stranded Russian oil shipments, announced around March 12-13, 2026, to address global supply disruptions amid escalating tensions with Iran. This 30-day exemption allows countries to purchase and transport Russian crude and petroleum products that were loaded onto ships as of March 12, 2026, with…

03/13/20260Comments

ByOleg Turceac

Analyse de marché

Analyse de la procyclicité des marges CME (SPAN) et détermination du seuil de liquidation forcée des banques Bullion

1. MÉCANISME DE MARGINALISATION DU CME (MODÈLE SPAN) Le système SPAN (Standard Portfolio Analysis of Risk) est employé par le CME Clearing pour déterminer les marges de maintien. Ce mécanisme est fondamentalement procyclique : il renforce les demandes de marge lorsque la volatilité s'intensifie, générant ainsi une piège à liquidité pour les positions avec levier.…

01/19/20260Comments

ByOleg Turceac