Vince Lanci
Vince Lanci Articles
Gold and silver are rallying again this morning, as the December gold futures are nearing $2,700, while silver is again above the $32.50 level.
As we continue to see the gold price set new all-time record highs on what sometimes feels like a daily basis, has the gold market become a bubble? How would you know if it's become overvalued?
The banks continue to put their gold reports out ahead of this week's Federal Reserve meeting, and in this morning's show Vince Lanci takes a look at the latest comments from UBS.
One of the standout features of this year's gold and silver rally has been how frequently the major banks have had to update their price targets. Which is especially noteworthy, because while the gold and silver markets have been waiting...
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.
