Commodity Trade Mantra

Posts Tagged ‘Syria’

2013 Has Been An Insane Game Of Economic Russian Roulette

By any reasonable measure, I think it is safe to say that the last quarter of 2013 has been an insane game of economic Russian Roulette. The culmination of events so far seems to be setting the stage for something big in 2014. Assume the worst is probable – It is only a matter of time, and timing.

COMEX Default Risk As Gold Inventories Plummet 36%

COMEX Gold inventories have plunged over 36% year to date, from 11.059 million oz to 7.034 today, creating a market more leveraged than it has been for the last 9 years. A default on delivery of gold bullion bars remains a risk, till gold remains in backwardation.

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