Chris Marcus
Chris Marcus Articles
While the gold and silver EFPs have surged, showing just the latest sign of stress in a fractionalized precious metals market, it's not the first time this has happened.
We've been talking about the swings in the gold and silver EFP spreads over the past few weeks, and today we have the following comment from former JP Morgan precious metals managing director Robert Gottlieb.
The precious metals are rallying again today, with gold in particular have a big session and currently up $36. Yet what remains stunning is how the rally over the past year has occurred with western investors largely ignoring the action.
Over the past month we’ve written about how there’s been stress in the gold and silver markets ahead of Trump implementing tariffs, evidenced by two surges in the spread between the spot market in London and the futures market in New York.
Now as we're halfway through the second trading week of the year, the markets remain fixated on the paradigm-shaking policies that the Trump administration continues to advertise are coming.
We're quickly coming towards the end of what's been an historic year for the gold and silver markets. Gold has been hitting new record highs all year, while silver finally crossed the $30 level, and at one point even broke $35 per ounce.
Gold and silver prices started selling off after it became clear that Trump was going to win the election. Although just a few weeks later both markets have recovered in the midst of more geopolitical tension and the indication of more...
Donald Trump recently threatened to ostracize any BRICS nations that continue their efforts to de-dollarize. And given some of the trade and military wars currently ongoing, that creates a potentially volatile situation that could go a...
With Donald Trump ready to become president for the 2nd time in just under two months now, Jim Willie stops by to share his thoughts on whether Trump's second term will be different than the first.
The banks have been significantly short both gold and silver as the prices have rallied this year, with historic peaks for the positions in both metals towards the end of the summer.
