Chris Marcus
Chris Marcus Articles
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.
It's been a great year for gold and silver prices, especially on the gold side where the price has been setting new record highs throughout the year. Although the gold price has been flat over the past month.
Throughout this year's gold and silver rally we've seen the bank short position increase along with the prices of the metals. Yet as we've seen a couple of times already, this past week showed some short covering even with the gold price...
We just got a big piece of gold news ahead of next month's BRICS summit in Kazan, Russia.
The price of gold is still over $2,500 even despite today's declines, yet one of the key features we've seen is the increase of the short position by the banks.
In 2024 alone, we've seen the Philadelphia Federal Reserve publish a study on the effectiveness of a gold standard, confirmations that the BRICS are moving forward plans for a 40% gold-backed settlement currency, and a senator propose...
Various Russian officials have made comments alluding to a greater gold involvement in the monetary system ever since (and in some ways even before) they were kicked out of the SWIFT system in 2022.
Despite several abrupt recent selloffs, the gold price is back above $2,500 as its stunning year continues.
