Commodity Trade Mantra

Posts Tagged ‘JPMorgan’

Physical Silver Shortage & Short Squeeze will Trigger a Huge Rush for Delivery on Comex

A great rush for actual delivery on COMEX silver contracts is likely to come from industrial users once a physical shortage becomes apparent. Some combination of a delivery rush or a short squeeze is certain to come. When silver prices begin to rise strongly these large shorts will quickly lose control & start to buy back their short positions & thus contribute mightily to the price blow-off.

Facts Surrounding Silver Have Never Been More Bullish

A silver price rise is inevitable. If you know you’re eventually going to make a lot of money you should be able to wait if necessary. With JPMorgan in the mix, you know you have a big win ahead. There is no other way for them to cover without sending silver into orbit. You’re truly looking at the opportunity of a lifetime with silver. You just have to relax and let it play out.

Silver Prices Will Rally Substantially Higher. Here's Why

It is more sensible to own physical silver, knowing it is grossly undervalued compared to the S&P, national debt, total sovereign debt, and more. JPMorgan is becoming more aggressive in acquiring physical silver and gold while at the same time reducing its COMEX short position in each almost as aggressively. It’s hard to imagine a more bullish backdrop for silver prices.

SILVER - The Most Bullish Story Ever Told. Even JPMorgan Wants Higher Silver Prices

The big banks led by JPMorgan are trying to get out of their big paper short position & are not having much luck. They don’t want the price to go up until they have driven the price of silver down to the point the technical-fund holders sell to them & as they buy from these tech funds their short position is reduced. And the best part is that they want much higher silver prices one of these days.

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.

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.

SWOT Analysis - Where are Gold Prices Headed?

Gold prices are headed for the biggest weekly slump since November. But investors are still pouring cash into Gold ETFs & the assets continue to increase, with holdings currently near a two-year high. Gold miners have embraced hedging which could signify that miners don’t believe the high gold prices can last. Yet, JPMorgan Chase believes investors are better off betting on gold.

Five Years That Have Changed The Silver Market Forever

Everything from COMEX silver warehouse movement, deliveries against futures contracts, changes in the big silver ETF, SLV, sales of silver coins from the U.S. and Royal Canadian Mints point to the massive accumulation of silver by JPMorgan. They are positioned to make $100 billion or more in a runaway silver market. They will make $1 billion on a $2 rise in silver prices.

JPMorgan Corners LME Aluminum Market, Leading To Strange "Price Anomalies"

For some months now there have been large holdings of aluminum warrants, which are a claim to metal stored in warehouses approved by the LME. Currently there is a dominant position holding 50-79% of warrants. “JPMorgan have been doing this on-and-off for a long time. The backwardation (or premium) doesn’t accurately reflect oversupply,” a Reuters source at a commodity trading firm said.

JPMorgan: People Have More Confidence In Gold Than In Paper Money

Global CIO & Head, Global Fixed Income, Currency & Commodities Group of JPMorgan Bob Michele, who earlier today was on CNBC, admitted “Gold at $1,200 an ounce, what does that tell you? It tells you that in a flight to quality, people have more confidence in gold than in bank deposits or paper money. I think things have gotten out of control.”

Troubling Turnover In COMEX Silver Inventories

The amounts of physical silver being shuffled into and out from the various COMEX silver warehouses is enormous, equally 50% and more of world total mine production at times. I continue to be flabbergasted that the COMEX silver warehouse movement is completely overlooked in the analytical community despite this movement being so large, persistent and easy to verify.

A New Record Low In The Comex Gold Inventory

We have another data point on the long list of signals indicating physical tightness in the global gold market. As recently as 2009, Comex showed over 5,000,000 ounces of registered gold in its vaults. A year ago, the total Comex registered Vault exceeded 1,000,000 ounces. Today, the Comex Gold number has fallen to a new all-time low of just under 74,000 ounces.

Turning $1 Billion into $5 Billion by Buying Silver

Aside from the benefit of being in position to profit by fivefold or more, real silver provides an unquestioned investment alternative in a financial world primarily denominated in record debt & counterparty interdependence. Silver can go out of & come into investment favor, but when held in the right form, it can never go bankrupt or default. Simply stated, it’s real & spectacular.

The War between Physical Gold vs Paper Gold Bullion Hots up

Investors in gold ETFs such as GLD are liquidating dismayed by the negative trend. Some of the physical gold released is simply migrating east, but this is small in comparison to the increase in demand from value buyers around the world. Considering all the factors, the odds favour a gold price recovery from current levels, if only to call a halt to the underlying redistribution of bullion.

Large Withdrawal From JPMorgan’s Gold Inventories In A Day

JP Morgan lost nearly 15% of its total gold inventories in one day. If you look at the COMEX Gold Inventory table closely, you will notice that the total Registered Gold inventories are a lousy 351,519 oz. This is less than peanuts. Two withdrawals like JP Morgan experienced on Thursday, would totally wipe out the Bankers Registered gold inventories.

The Next Financial Disaster Starts Here - Junk Bonds

Investors looking for income have turned to junk bonds. Junk bonds didn’t grow much from 2002 to 2008. But when the Fed cut rates to zero in 2008, junk bond issuance began to take off & the number of junk bond issues soared 483% between 2008 and 2014. Today, some of the savviest investors are starting to place bets against junk bonds. Exit junk bonds today.

Fundamentals Indicate The Price Of Silver Must Increase Dramatically

Its astounding how the acceptance, that silver and gold prices are manipulated by COMEX trading has grown. Silver prices are set on the COMEX when speculators adjust futures positions. Fundamentals will dictate the future price of silver, but they have zero influence on short to intermediate term pricing. That’s why I focus so closely on COMEX positioning.

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