Commodity Trade Mantra

Posts Tagged ‘Comex Silver’

Get Ready For The New Year Rally In Gold And Silver

Many folks have written about how the current selloff in gold and silver was predictable. Whether it was expected due to tax-loss selling, seasonality, CoT-washing or the expected FOMC rate hike, the majority of analysts were expecting price weakness. But if this was so predictable, then why can’t the coming rally to begin the year (seen in the start of each of the last 3 years) be just as certain?

Physical Gold - The Only Antidote to the Poison created by Central Bankers

True physical gold demand is the only antidote to the poison created by the Central Bankers & the Bullion Banks. Sadly, 2018 promises another surge in war, debt, negative interest rates & de-dollarization. Will these events finally prompt enough physical demand to break The Banks? Given all the uncertainty that lies ahead for 2018, prices for gold and silver are headed higher not lower.

Why is it so Important to the Banks to Suppress the Silver Price?

The Bullion Bank trading desks, which are routinely short thousands of metric tonnes of digital silver, are once again attempting to keep price below the 200-day moving average. And why is this so important to The Banks? More important though is the simple greed factor as another $1 move up in price would be a $350MM paper loss against their net short position!

A Rally in Commodities will Trigger the much Awaited Spark in Silver

With dynamic rallies already underway in other commodities such as zinc and palladium, the question becomes…Are we in the early stages of a renewed bull market for commodities, in general? What might this mean for silver which, despite its long history as a monetary metal, is now currently perceived primarily as an industrial metal and considered a “commodity”?

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.

While all are Higher, why are Silver Prices yet below the 1980's Level? Makes Any Sense?

Silver remains below 1980 high price of $49.45, while all the other metals and oil have traded above their 1980’s price. We can also see that when the other metals broke above the 1980’s price, they all at least doubled in price. So in the future, if Silver is able to break above the 1980’s high price of $49.45, are we going to see it at least double in price to $100 as well? Only time will tell.

Will Silver Prices Continue Outpacing Gold Prices In 2017?

Precious metals are off to the races in the first six weeks of 2017, as returns in both gold and silver are beating the S&P 500. The current technical chart pattern for silver prices is stronger than gold. The silver market is trading above its 50-day & 100-day moving averages, which are bullish signals for trend following traders. Why are silver prices outperforming gold? Here are some solid reasons.

Trump and Brexit Creating A Rally in Gold and Silver

Traditionally, gold experiences bump at the beginning of the year, but unknowns surrounding the EU’s response to May’s Brexit deal & Trump’s future policy decisions are intensifying haven investing & causing traders to turn to precious metals. Investors should be diversifying their portfolios by buying gold or silver as protection against a falling dollar & political uncertainties that lie ahead.

Concentrated COMEX Silver Shorts - The Greatest Lie in the History of Market Regulation

Until the physical market overwhelms the COMEX silver concentrated short scam, the big shorts may continue to prevail, although they have been seriously underwater of late, for the first time ever. Being the key factor in silver and gold, it will be the resolution and eventual dissolution of the concentrated short position that will drive silver prices in the future. I encourage all to dig into this issue.

Further Surge in Silver and Gold will kill Commercial Traders

In contemplating what occurs next, will the silver and gold commercial traders succeed in turning prices lower & triggering off technical fund selling on the COMEX & also cool off ETF demand for physical metal? To be fair, either outcome, a price selloff or surge, must be considered possible, but recent developments raise the odds of a commercial failure in which prices surge, especially for silver.

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.

Is Silver The Next One For Chinese Momentum Investors?

Individual investors tend to be most active when markets are rising, and have dominated past rallies in Chinese futures. Open interest in silver on the Shanghai Futures Exchange has been steadily increasing this year (ballooned from less than 200,000 contracts in 2012 to over 600,000 since April 2016), with open interest now roughly equal and equivalent in size to that of COMEX.

Silver Prices - The “Five Year Plan” and the Great Leap Forward

Five years ago paper silver contracts on the COMEX hit a multi-decade high over $48 on April 29, 2011. The low occurred at about $13.60 in December of last year, when paper silver prices were down about 70% from their April 2011 high. Silver prices will move upward to $50 and eventually to $100, depending upon the degree of dollar devaluation.

Silver Investment is a MUST due to Market Fundamentals

Many investors are more concerned about the short-term silver price movement than its long-term fundamentals. Here are some of the most important fundamental reasons to own physical silver. My analysis on the future value of silver is based on energy. This is much different from the forecasts by most of the precious metals analysts.

Comex Registered Silver Inventories Plunge Nearly 10% In One Day

The Comex continues to see a drain of its Registered Silver inventories, while the SHFE inventories are showing a rapid increase. It will be interesting to see what happens at these two exchanges over the next 6 months. If Comex Registered Silver inventories continue to fall, this could spell more trouble for the highly leveraged paper based precious metal markets going forward.

Silver: Until Paper Currencies Stop Losing Value

It is relatively easy to increase debt, increase currency in circulation, devalue currencies, and spend more on warfare and welfare. It is difficult to increase silver and gold reserves. The prices for silver and gold will eventually reflect their scarcity, their high demand, and the ease with which central banks can devalue their currencies.

Shanghai vs Comex: Opposite Moves In Silver Inventories

COMEX silver inventories peaked in the beginning of July at 184.5 million oz (Moz) and then continued to decline, reaching a low of 159.9 Moz presently. Shanghai Futures Exchange silver inventories bottomed on August 18th at 233 metric tons (mt), then continued to grow over the past three months to the present 528 mt.

JP Morgan Loses 45% Of Registered Gold Stock In One Day

While the drain of COMEX gold and silver Registered inventories continues as demand for physical precious metals increases, JP Morgan experienced a 45% decline of its Registered Gold Inventories in one day. JP Morgan now only has a lousy 10,777 oz of gold remaining in its Registered gold inventories.

Stunning Development In The U.S. Silver Market

While the current shortage in the retail silver market continues to stress investors as they have to wait 6 to 8 weeks for certain products, it seems to be carrying over into the 1,000 oz wholesale silver market. One of the leading indicators of the wholesale silver market is the COMEX Registered Silver Inventories.

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