Commodity Trade Mantra

Posts Tagged ‘Comex Gold Futures’

Gold Prices Poised for an Upside Explosion after Paper Gold Bear Raids Failed

Gold seems poised to resume its march to $1,300 after the paper gold bear raids of late June. Fundamentals are stronger than ever for gold prices. A weak dollar is the Fed’s only chance for more inflation. And that means a higher dollar price for gold. Geopolitical risks are piling up from North Korea, to Syria, to the South China Sea. Get ready for an explosion to the upside in gold prices.

Alarming Rise in Global Debt Levels to wake up Gold from Slumber

The medium- to long-term investment case for gold, I believe, looks even brighter. Many unsettling risks loom on the horizon—not least of which is a record amount of global debt—that could potentially spell trouble for the investor who hasn’t adequately prepared with some allocation in a “safe haven. Paying down this debt will not be easy. Another crisis could be in the works.

Falling Mine Supply will Trigger Panicked Gold Buying & Higher Gold Prices

Once the price of physical gold starts to move up on basic supply and demand fundamentals & imbalances in the paper gold market, the stage is set for corresponding increases in paper gold prices. As more & more paper gold holders turn from the paper market to obtain physical gold, which is already in short supply in the physical market, we’ll see the beginning of a price super-spike.

Gold Prices Pullback, But Gold Bulls Have Nothing to Worry About

Gold prices have fallen from a $1,260 peak to just under $1,200 as rate-hike expectations have grown. Despite this, we think that gold prices have been relatively resilient as the dollar failed to rally substantially as a result of the behaviour in US real yields. In the short term, those who are long gold might not have to suffer too much more downside.

Gold Prices To Move Higher Even If & When The Fed Hikes Rates

It’s very interesting to see gold prices going up despite a challenging environment of higher rates & a manipulated paper market. That tells me that there’s more to the story, that there’s more going on behind the scenes that’s driving the gold price higher. I’m very impressed with the present gold action & here’s why I expect gold prices to really take off going forward.

Robust Industrial Metal Sector Drives Silver Up - Hedge Funds Attracted

Analysts have been bullish on silver for 2017 as its industrial component is expected to shine in an environment of stronger global economic growth. Money managers have extended their net length in silver for four straight weeks. The tailwind from a robust industrial metal sector has been one of the drivers behind silver’s out-performance against gold during this time.

Time For Gold To Really Shine! Should You Dare Catch The Falling Knife?

The bullish case for gold does not just rest on the direction of the dollar. Gold is also an, “investment in monetary policy failure,” or at least a hedge against it. Technicals & sentiment have again aligned to create a terrific opportunity to take advantage of what could be early stages of a major shift in long-term trend of outperformance by financial assets over real assets.

Look at the Long-Term Gold Chart for the Trend in Gold Futures

From the 2011 high, a downside correction emerged in gold prices. According to traditional Fibonacci theory, the 2011-2015 pullback did not harm primary uptrend in gold prices. That means the gold tide remains bullish. Pullbacks in the tide are waves that could be used as buying opportunities. If gold takes a short-term hit, this could offer a “wave” within the tide.

Supplies of Physical Gold are Tight - A Super Spike in Gold Prices is Coming

The key to seeing a gold-buying panic in advance is to follow the flows of physical gold. Once the price of physical gold starts to move up on basic supply & demand, there are increases in paper gold prices. As soon as demand begins to overwhelm supply, then it’s “game on” for significantly higher physical gold prices followed by the toppling of the inverted pyramid of paper gold contracts.

You Can't Keep Gold Prices Down With Just A Strong Jobs Report

Some holders of gold took advantage of a small window to sell on Friday, worried that the 287,000 new jobs added in the U.S. would send the greenback to new highs against other major currencies. But as traders digested the headline, it became clear that the jobs report wasn’t that strong. What’s astounding is that the S&P 500 rallied 1.3%, the dollar gained 0.7%, yet gold closed up 1.7%.

Why Investors See Higher Gold Prices In 2016 - Here Are Six Reasons

Precious metals remain the 2016 commodity leaders, with silver posting a huge 25% gain & gold prices showing a 21% rise. The year is off to a good start for gold investors. But, the party may have just begun. A bevy of economic, monetary, currency and technical factors continue to develop in gold’s favor, which argue for the potential for higher gold prices in 2016.

Investors Not Believing Economic Data, Still Prefer Gold

I think there is some disbelief in the recent slew of better-than-expected U.S. economic data, which could be supporting gold prices. Lower U.S. Treasury yields are increasing the attractiveness of gold and other precious metals as gold doesn’t pay a coupon or dividend. Investors have started to move back into gold. As a result, every slight weakening in prices is only temporary.

The COMEX vs. Private Gold and Silver Eagle Stocks

Investors need to realize that at some point, the highly leveraged Comex gold and silver paper trading exchange will no longer matter. Why, because future physical demand will totally overwhelm the paltry Comex Registered gold and silver inventories. This is not a question of “IF”, it’s only a question of “WHEN”.

Gold And Gold Stocks - A Meaningful Reversal?

Usually major turning points are first signalled by strength in gold stocks and only later confirmed by a rising gold price. However, given the strange correlation between gold stocks and base metal mining stocks which has developed in recent years, one should perhaps not be too fixated on the indexes, especially as there are large disparities within the sector.

This is not 2008 – At least not for Gold Prices

Both, low energy prices & higher real interest rates are already reflected in the current gold prices. As longer-dated oil prices cannot remain below industry costs indefinitely, nor real interest rates rise much higher given a data dependent FED, this creates an asymmetry to gold prices, regardless of broader market normalization – or capitulation.

The Gold And Silver Trend Forecast For 2016

Beneath all of the artificial influences and all of the leveraged paper, the gears of the physical market for gold and silver still turn. We can be sure prices will reflect actual supply and demand for physical gold and silver at some point, even if we do not know when. With that in mind, here is a look ahead to 2016.

Comex On The Edge? Paper Gold Dilution Hits A Record 124 Per Ounce Of Physical

The 43.5 million oz of paper gold open interest represents the total potential claims on gold if exercised, has to be observed in conjunction with the physical gold that backs such potential delivery requests. With record low 351,519 oz of registered gold imply that as of Friday’s close there was a whopping 123.8 ounces in potential paper gold claims to every ounces of physical gold.

Are Big Banks Using Derivatives To Manipulate Gold And Silver Prices?

Gold and silver futures markets are places where people speculate on price direction. The fact that bullion prices are determined in this paper, speculative market & not in real physical markets where people sell or acquire physical bullion, is the reason the bullion banks can manipulate the price of gold and silver, irrespective of the demand for the physical metals.

What Is Really Driving Gold?

Electronic trading should not be underestimated. Its driving markets more than ever before & the gold market is no exception. That is not to say we like it; its simply the way things are nowadays. COMEX helped fuel the gold rally, but it is doubtful whether it was the ‘driver’. The clearest driver has been inflation expectation.

The Gold Price Being Manipulated. So What?

Talk of gold price manipulation has become a notoriously heated topic amongst precious metals investors over the past several years. Deutsche Bank abandoning its seat on the London gold fix has added fuel to the fire. Here’s a detailed view of the leading conspiracy theories & how they impact my long-term investment outlook.

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