Commodity Trade Mantra

Posts Tagged ‘Comex Gold’

Despite Incredible Purchasing-Power Protection, Why Doesn't Gold Get The Respect It Deserves?

The empirical data suggest a modest gold allocation provides tangible portfolio diversification benefits in any investment climate. Given the unprecedented monetary, financial & asset-valuation risks now confronting investors, gold’s potent benefit of purchasing-power protection, which essentially accrues for free & portfolio-insurance value has rarely been more compelling. So what is it about gold’s performance that is so difficult to embrace?

The Only Hurdles that Gold Prices need to Overcome to Enter the Real Bull Market

Will gold prices rise as emboldened Specs demand even greater long positions from the market-making Banks, forcing The Banks to retreat? Or will The Banks once again seize control of gold prices and send them plunging down through the 100-day and 200-day moving averages? Gold prices will only go up, but the “real” bull market won’t get going until it sees an actual pickup in inflation.

Gold and Silver Bounce Up On Short Covering, Is Safe-Haven Demand or Speculation Driving It

Gold and silver prices ended the day higher, on short covering. There were some significant geopolitical events occurring over the weekend. While the world stock markets have so far mostly shrugged them off as nothing major, the gold and silver markets did get some safe-haven buying support. There was more evidence of a turn in silver than gold last Friday. What is driving the bounce-up?

Banks May Yet Try Stemming the Gold and Silver Rally

Following the latest events, it seems wise to take an in-depth look at the gold and silver charts in order to discern what moves The Banks may take next in the hope of stemming this rally and reversing the trends. The Banks are still in charge and nothing in their behavior suggests that they are “on the run” or “losing control”. Therefore, plan and trade accordingly.

Gold Prices to soon test Overhead Resistance for a Massive Breakout Beyond

Gold’s current trading range remains between $1,150 and $1,350. In the next 6-12 months, gold prices will be testing that overhead resistance around $1,350 area. If the resistance breaks, then gold prices could see a quick move up. That might well be enough to attract speculative money back into gold that has been absent since 2011-12.

Here's What Gold Can Tell You About Crude Oil Prices

The WTI crude oil to gold ratio is one of the oldest indicators in the market. Currently, the ratio, which bottomed at about 21 at the end of 2016, has risen to just over 26 & has now clearly broken the trend line, that peaked in early 2016 at just above 45. So 45 barrels per ounce reflects very cheap oil or very expensive gold while 21 reflects very expensive oil or very cheap gold.

Gold Is on Fire - Here's When & How to Trade or Buy Gold

Gold futures closed Thursday at 1,219.4, up 5.9% year to date and 8.5% above the post-election low of 1,124.3, set on Dec. 15. The price of gold has traded up and down since the election. Comex gold has been less volatile than gold mining stocks and the gold stock exchange-traded fund. Here’s how to trade gold stocks using weekly charts and key trading levels.

Don't Ignore What Surging Inflation Indicates: Go Buy Some Gold

Changes in headline inflation measures suggest a gentle firming in prices. However, underneath the surface there is evidence that inflation may continue to rise past the steady 2% nirvana that central banks prefer. Finally, should inflation expectations rise faster than nominal rates, gold is likely to continue to merit a place in most portfolios.

The Comex Paper Silver and Gold Fraud Deepens

We’ve written quite often of the surge in Comex gold open interest and the attempts by The Banks to manage the paper derivative price by increasing the paper derivative supply. In this post, we turn to Comex silver, where The Banks are pulling the same tricks but with a very interesting twist. Silver investors would be wise to consider the possibilities and act accordingly.

Record Low Silver Inventories may Spark Serious Fireworks in Silver Market

Having hit a new record of 44 owners per ounce – Registered Silver Inventories are at the lowest level in over a decade at 23.3 Moz. Silver Inventories fell as Indians & North Americans were buying record silver bullion. Now the Chinese are not only acquiring a lot of silver for industry, they are now buying silver for investment. We could soon see serious fireworks in the silver market.

Stunning Development In Comex Gold June Deliveries

1.176 million ounces of gold have been delivered for the June contract six days into the June contract delivery period. Even more interesting is the fact that there’s still 6,683 June contracts open representing 668,300 ozs of potential deliveries. This is a relatively high number of contracts still open this far into the delivery period.

The Fed is Data Dependant - Gold Price is Dollar Dependant

Rising gold holdings have been the one bright spot for the gold price that has held steady even in the face of weakness on the gold chart. The big question the market is going to be asking is can the Fed indeed hike rates at a pace that would send the US Dollar higher with all the negative side effects from that. Much depends on what the Forex markets do with the US Dollar.

Price Discovered on Comex is not a Price for Gold or Silver at all

We’re simply attempting to draw attention to the hopelessly corrupt & fraudulent, paper derivative pricing scheme. In the absence of any meaningful physical delivery, the price discovered on the Comex is not a price for gold or silver at all. With open interest near record levels in gold and silver, we likely won’t have to wait much longer to find out the Truth.

Follow The Smart Money - And Right Now It Is Moving Into Gold

Something big is happening with gold. Let’s discuss what’s happening and nail down some serious opportunity. Follow the money and right now money is moving into gold and select miners. In fact, there’s so much interest in “paper” gold that physical supply has utterly broken down. As in… crashed and about to burn in a roaring fireball! This is critical.

Gold Jumps, Silver Soars As The U.S. Dollar Slumps

Gold prices jumped to a seven-week high & silver soared to a 15-month peak as the dollar touched an 11-month low. With Japan closed today, and unable for now to do more damage (or damage control), China stepped in with some modest turmoil of its own by strengthening the Yuan fix by the most since 2005, pressuring the US dollar weaker for the 5th day in a row.

Is Gold a Commodity, an Investment, or Money? - The Golden Chameleon

At times, gold behaves like a commodity. The gold price tracks the ups and downs of commodity indices. Sometimes, gold is viewed as a safe haven investment & competes with stocks and bonds for investor attention. On occasion, gold assumes its role as the most stable long-term form of money the world has ever known. Like a chameleon, gold also changes its nature depending on the background.

Charts with more Words than Registered Gold at COMEX

COMEX has NEVER EVER gone into an active delivery month with such a small amount of registered gold available. In fact, I cannot remember a time when the registered category was ever more sparse than it is now. The amount of gold in the registered category is now roughly $80 million. This is not only scary, I cannot believe COMEX would allow these numbers to be seen.

Economic Truth Must be Masked to Cover Gold and Silver Market Reality

The global financial system has gone awry where economic truth must be masked and hidden to cover the reality. How is it credible that COMEX can sell 12 times as much gold in just 30 minutes as they claim to have available for delivery? As for you as an individual investor, can you see the danger here? A failure to deliver will be catastrophic. Can you handle the ugly truth?

About 38% Of All The COMEX Gold In Hong Kong Left The Warehouses Yesterday

Very little gold bullion actually changes hands or goes anywhere in the Comex US. But Hong Kong is typically seeing large inflows and outflows of gold. Because that is how the precious metals market has been manifesting in Asia since about 2007: not with endless chains of paper just changing hands in a grand game of liar’s poker, but with the physical exchange of bullion.

follow us

markets snapshot


Market Quotes are powered by Investing.com

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook