Chris Marcus
Chris Marcus Articles
The data is out for the period covering the post-election selloff in gold and silver, and sure enough, the banks did a lot of short-covering.
We saw a lot of gold and silver short covering by the banks in the latest COT report. Ahead of this week's report, which will show us what the banks did while the price was declining in the days after Trump's election.
Trump has been elected President, and the gold and silver prices are getting slaughtered today. Meanwhile the dollar has risen sharply, and the bond market is also getting clobbered.
Are you getting tired of the gold price setting new record highs yet? I'm guessing not, and today the futures crossed the $2,800 level for the first time in history.
Macro analyst Luke Gromen recently said, ""I think...we will look back in a few years' time and realize [sanctioning Russian FX reserves] was every bit as big as Nixon closing the gold window in August 1971...the US just told the world to...
While the BRICS Summit is finally underway today, they're not the only significant group that has been increasingly looking towards gold lately.
In part 2 of our interview with Jim Willie he talks about what he believes is happening with the BRICS, their proposal for a partially gold-backed 'Unit,' and the current status of their de-dollarization plans.
As the BRICS meeting and the US elections rapidly approach, while the wars and geopolitical tensions continue to escalate, it's not exactly the most stable time in the world.
This year's BRICS meeting is now less than 2 weeks away. And as reports continue to circulate regarding their progress on a payment settlement currency whose current proposal includes a 40% gold backing, in today's show Vince Lanci lays...
The latest ETF gold data was released, and it showed that the inflows into the ETFs continued for the 5th straight month, after almost 2 full years of consistent outflows.
