Vince Lanci
Vince Lanci Articles
Well, it's certainly been an active week in the markets, and of course the precious metals. But as gold and silver continue selling off today, Vince Lanci takes a look at what the banks have been telling their clients about the metals.
There's a big buyer in the gold market right now, who wants the gold in a big way. And in this morning's show, Vince Lanci explains why.
Goldman Sachs has a new gold report out. Where in addition to raising their primary price target, they also talked about how gold could even exceed $4,500 per ounce in the next 12 months in an extreme tail scenario.
What's been incredible about this latest leg of the gold and silver rally is that this time, not only did gold break the $3,000 level, but it's continued right on through.
Now that we've entered a new price range of the current bull market for the precious metals, Vince Lanci takes a look at what the technicals are saying, and also reviews some of Michael Oliver's latest commentary.
The Fed had their latest meeting, statement, and press conference yesterday, and what they did and said sent the gold price soaring after they did it.
The gold futures have now soared to over $3,040 per ounce, as a rally that began late last night has continued into this morning.
As we await the Trump administration's audit of Fort Knox, what most gold experts whant to see addressed before they feel comfortable is the issue of how much gold has been leased out.
The gold price made history again yesterday, as it finally crossed the $3,000 mark and kept on going, with the futures reaching as high as $3,017 in overnight trading.
With the gold futures now above $2,950, it's almost as if last week's selloff is a distant memory. And with PPI wholesale prices rising in line with expectations this morning, we may not be far off from seeing the gold price crack the $3,...
