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2 months ago | 
gold-eagle.com | Mike Gleason |Jan Nieuwenhuijs
A huge number of news stories in recent days are bringing new light to an issue long shrouded in mystery — the status of America’s purported stockpile of 8,133 tons of gold stored in Fort Knox and other government vaults across the country. It started when news aggregator ZeroHedge tweeted at President Donald Trump’s head of government efficiency, Elon Musk, “It would be great if @elonmusk could take a look inside Fort Knox just to make sure the 4,580 tons of US gold is there.
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Jan 12, 2025 | 
gold-eagle.com | Mike Gleason
Gold and silver have traded quietly but with a positive bias this week, and it looks like we'll be closing out the week on a positive note. As of Friday midday recording, gold is trading at $2,709, its highest mark in a month and up 2.1% for the week. Silver meanwhile is coming in at $30.65 which is a gain of just over 80 cents or 2.8% since last Friday’s close.
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Nov 24, 2024 | 
gold-eagle.com | Mike Gleason
As anticipation of a crypto-friendly Trump administration lights a fire under Bitcoin, the gold market is bouncing back strongly. Bitcoin surged to a record high of 99,000 this week. President-elect Donald Trump has vowed to make the United States the "crypto capital” of the world. He is also reportedly working on plans to create a national strategic stockpile of Bitcoin.
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Nov 16, 2024 | 
gold-eagle.com | Mike Gleason
As President-elect Donald Trump moves forward with plans to shake up the federal establishment, precious metals markets are experiencing a price shakeout. Post-election selling in gold intensified this week. The monetary metal took a hit of more than $120 through Thursday’s close. As we noted in the days before the election, market gyrations were likely to occur following the results. Trump’s decisive win has given the U.S. dollar a boost on foreign exchange markets.
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Nov 11, 2024 | 
goldseek.com | Mike Gleason
As President-elect Donald Trump moves forward with plans to shake up the federal establishment, precious metals markets are experiencing a price shakeout.
Post-election selling in gold intensified this week. The monetary metal took a hit of more than $120 through Thursday’s close.
As we noted in the days before the election, market gyrations were likely to occur following the results. Trump’s decisive win has given the U.S. dollar a boost in foreign exchange markets.
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Nov 8, 2024 | 
medium.com | Mike Gleason
Mike Gleason·Follow4 min read·--Fed Chairman Powell Defiant in Response to Trump ElectionMoney Metals ExchangeBy Mike GleasonIt’s been a historic week in American politics as well as in financial markets. Following Donald Trump’s triumph at the ballot box, the S&P 500 spiked to a new record high. Investors were in part relieved that the presidential election resulted in a clear winner.
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Nov 3, 2024 | 
gold-eagle.com | Mike Gleason
Precious metals markets enter trading for the month of November, with volatility ramping up. Gold hit a record $2,800 an ounce on Wednesday. But on Halloween, investors got spooked. They fled from the stock market, triggering a 1.9% drop in the S&P 500. Gold also fell 1.9% on the day. Metals markets, as well as financial markets, could see heightened volatility next week. Not only will there be a hotly contested election, but the Federal Reserve will make a decision on interest rates as well.
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Oct 6, 2024 | 
gold-eagle.com | Mike Gleason
As the U.S. dollar bounces back versus foreign currencies, gold and silver markets are showing resilience. The Dollar Index is moving up sharply in the early goings of October after falling steadily for three months prior. Currency traders ditched the Japanese yen after Japanese Prime Minister Ishiba suggested the economy can’t handle any additional interest-rate hikes. The yen suffered its biggest drop in more than two years, causing a wave of inflows back into to the U.S. dollar.
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Oct 4, 2024 | 
medium.com | Mike Gleason
Mike Gleason·Follow4 min read·--Currency Carry Trades Become Renewed Gold Price DriversMoney Metals ExchangeBy Mike GleasonAs the U.S. dollar bounces back versus foreign currencies, gold and silver markets are showing resilience. The Dollar Index is moving up sharply in the early goings of October after falling steadily for three months prior. Currency traders ditched the Japanese yen after Japanese Prime Minister Ishiba suggested the economy can’t handle any additional interest-rate hikes.
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Sep 29, 2024 | 
gold-eagle.com | Mike Gleason
Coming up Gerald Celente of the Trends Journal joins us for an explosive interview on a range of topic, including gold's rise, the pending death of the dollar and why Gerald is more concerned now than ever that we're on the verge of World War III. In fact, he believes that it’s already begun. So, stick around for a conversation with Gerald Celente -- a man who accurately predicted that 2024 would be a tremendous year for gold -- coming up after this week’s market update.
