Vince Lanci
Vince Lanci Articles
By now you're probably well aware that the central banks have been setting records for the amount of gold purchased since 2022. A trend which began after Russia was sanctioned, had its assets frozen, and was then subsequently kicked out of...
Just last week India repatriated 100 tons of its gold from England. And now the World Gold Council is reporting that the Reserve Bank of India purchased more gold in the first quarter of 2024 than they did in all of 2023.
The verdict in Donald Trump's case came in last week, and he was found guilty on 34 counts. But how does this affect the election? And how will it impact the gold and silver markets?
It was another volatile night for gold, silver, and copper, as all 3 of the metals surged higher on the open in the far east, before declining lower throughout the night.
We had the rally, and we had the selloff. But now gold, silver, and the miners are rallying again, and in today's show, Vince explains why.
Now that we've finally seen a correction following a torrid 2 month rally in the gold and silver market, Vince Lanci explains how the battle around $2300 in gold is starting now.
For years there was a tight correlation between US interest rates and gold, as when the yield went higher, gold would trade lower and vice versa. But in the past 2 years we've seen a breakdown in that relationship.
With gold and silver prices stabilizing after a furious 2 month rally, the market's shifting its attention to the earnings out of the miners.
We're finally seeing the first significant correction in the gold and silver prices since the latest rally began, and sure enough the gaslighting about gold is out in full force.
Another day, another new all-time high in gold. As well as another dollar higher in silver. Maybe this is a little bit what it felt like to own Bitcoin over the past few years?
