Vince Lanci
Vince Lanci Articles
2 weeks ago the gold market set a new record for largest bank short position since the CFTC started keeping the data. And in the time since then, we've even seen some short covering by the banks at a $2,500 plus gold price.
The open...
As we approach this year's BRICS meeting next month in Kazan, while reports of a 40% gold-backed 'Unit' payment settlement currency continue to emerge, Russia has just announced that they are allocating $1.9 billion for gold and foreign...
The gold price has dropped every September since 2017, with an average decline of 3.2% over the month. And September has also commonly been one of the worst months for stocks, with an average decline of 1.5% in the S&P over the past...
We're approaching what's traditionally known as gold 'sell-season.' Although as Vince Lanci explains in this morning's show, there's a chance we won't see the normal pattern repeated this year.
We've seen the rally. We've seen the pullbacks. And yet we're once again near the all-time highs for gold. But are we still early in a bull market? Or is the move largely done?
Whether we like it or not, the bullion banks still play a large role in the gold and silver markets.
In this morning's show, Vince Lanci talks about the latest positioning by the CTA (commodity trading advisors) in the gold market as we approach the election and this year's BRICS meeting.
2024 has been an historic year for the gold market. As the price broke the $2,000 level, went through $2,100, and even despite some pullbacks along the way, kept on going until it reached its current level of over $2,500.
Now that the gold price has hit the $2,500 level again and traded around it for the past week, what's next for the gold market?
Throughout an historic gold and silver rally in 2024, one of the standout features was that there was heavy buying by China, central banks, and investors in the east. Yet little interest in the west, where the ETFs have seen consistent...
