Commodity Trade Mantra

Posts Tagged ‘COT Report’

Weekly Outlook for Silver Prices - Volatility in Gold Prices on the Rise

At present, the bias in silver prices is to the upside, as new buying appeared to be behind last week’s advance in prices, as open interest increased nearly 6% through Thursday. In addition, the U.S. economic calendar for the week is full. The possibility of victory for Trump & a second US interest rate hike could cause increased volatility in gold & could rise as high as $1,425.

Gold And Silver Getting Grabbed On Each Manipulated Slamdown

Currently gold is behaving similarly to the way it behaved back in 2003 when it was trying to punch through $400. The “overbought” garbage was permeating the media back then just like now. This market has been surprising everyone to the upside and will continue to do so. At some point the lemmings who blindly soak up the “market is overbought” fairy tale will be running to catch the train.

Kiss the Gold Bear Goodbye (But Wear a Helmet). . .

Wasn’t it only six weeks ago that the Sovereign Wealth Funds were dumping the gold and silver miners as if they were Fukushima waste ponds? The COT has once again sounded the alarm for CAUTION as the short position held by Commercials is now 5,431 contracts LARGER than in mid-October of last year just before they took it down $150 per ounce in six weeks.

"Battling" A Technically - Overbought Gold Market

Questions have been pouring in from people, wondering if they should jump into precious metals with both feet. Now that we are entering a negative rate world, I am seeing a lot of very large-sized institutional money looking for a home. Some of this money is flowing into gold, and this is confusing technical traders who are battling what looks like a technically overbought gold market.

There can be no Clearer Proof of Manipulation in COMEX Silver

There can be no clearer proof of manipulation in COMEX silver than was documented in the COT Report as on May 19, 2015. In just one reporting week, more managed money contracts were bought & more commercial contracts were sold in COMEX silver and gold futures than ever in over 30 year history of the COT report.

Something BIG Is About To Happen To Silver

U.S. silver bullion imports surged 44% in the first months of 2015 compared to the same period last year. Who is acquiring this silver… and why? Also as per the recent COT Report, the Commercials (big bullion banks) added a massive 18,595 new silver short contracts in just the last week. What does this all mean?

Bullish And Bearish Forces Affecting The Price Of Gold

The price of gold has gone nowhere in the last two years and has created a 2-year basing pattern. A trendless market indicates a battle between bullish and bearish forces. We hold an alternate view (rather than inverse) on the relationship between interest rates & gold as rising rates are likely to mark a new economic cycle.

Silver Price and iShares Silver Trust - SLV Going to $12

The movement from $17.5 to $50 from 2010 to 2011 had only a small correction. It just played as a gigantic parabola. What we know is that parabolas are reverted back below their previous channels. Based on long-term demand line, formed during a period of over 12 years, the support for silver price is around $11-$12.

2015 Will See the Renewal of Secular Bull Market in Gold

The current bear markets have lasted a little over 3 years for gold and over 3.5 years for silver and mining stocks. They’ve been fairly severe in terms of time and price but not extreme. If gold does bottom (which seems very close) in the next four months, the analog presents a very strong case that gold will retest $1,900/oz by the end of 2016.

Ted Butler’s Silver Price Outlook

What do we make out of the current gold and silver futures positions? One thing is clear, as both Butler and Steer have reiterated, the rate of accumulation in short positions of commercial traders during the next rally will determine to which extent the rally will run. I’m thinking the commercials and JPMorgan will let it rip this time.

JPMorgan Holds Lowest Silver Short Position Since 2008

JPMorgan’s short position in silver is now down to about 11,500 contracts, their lowest short-side corner in the Comex futures market since taking over the silver short position of Bear Stearns in 2008. And not to be forgotten in all of this, is the equally extreme short-side corner in the Comex silver market held by Canada’s Scotiabank.

Is Copper About To Pull Silver Higher?

Given the significant correlation between copper & silver, its worth looking at copper futures market to get an idea of the future direction in silver. Combination of long term chart support in both, extreme silver short positions by technical funds & relaxing of copper short positions, could be a healthy mix for silver going forward.

Manipulation and Cornering of the Gold Market

If JPMorgan is forced to divest its corner on the Gold Market that would be such a regulatory sea change that it would make it extremely unlikely that JPM would short aggressively on the next Silver Rally

The Unbearable Lightness of Being Long Silver

It is simple and yet very complicated for anyone looking at buying Silver for the first time. Also, opening up Silver’s Pandora’s Box reveals a lot of new terminology for a novice to be distracted by

Gold – You Better Hold It

When it comes to precious metals, April 2013 was characterized by extreme price swings, historic facts & figures, and remarkable news stories. […]

Gold Speculation And The Comex

Every Friday, the Commodity Futures Trading Commission publishes data that enable analysts to ‘take the pulse’ of various Commodity Markets. […]

follow us

markets snapshot


Market Quotes are powered by Investing.com India

live commodity prices


Commodities are powered by Investing.com India

our latest tweets

follow us on facebook