Articles related to COMEX
 
Chris Powell - GATA
London's gold crown is slipping
London is losing its Midas touch. New rules from regulators, on top of uncertainties over the U.K.'s future relationship with the European Union, are denting the city's position as the biggest center for gold trading in the world. The changes threaten to push up costs, a key competitive advantage of London's over-the-counter market. Even before the regulations come in, the average net daily volume of gold settled by London Precious Metals Clearing Ltd. fell 12 percent in two months to 18.5 milli
Wednesday, October 18, 2017
Bullion Vault
Gold Price Up Above $1300 as Asian Shares Record Multi-Decade Highs, Geopolitical Tension Continues
The GOLD PRICE is up above $1305 per ounce this Monday lunch time amid Asian stock market gains to multi-decade highs following Friday’s record US stock levels. The MSCI Asia Pacific Index rose to its highest level since November 2007, while Nikkei climbed for a tenth day to the highest level seen since Nov 1996. The FTSE increased 0.06% and DAX gained 0.16%.  Spain’s IBEX Index fell 0.67%. Yesterday Catalan leader Carles Puigdemont called for calm whilst Spain’s central
Tuesday, October 17, 2017
Stewart Thomson - Graceland Update
Gold's Technical Line Of Concern
The traditional post jobs report rally for gold is in full swing. This is the daily gold chart. Gold arrived at a key Fibonacci line at about $1268 as the US jobs report was released. The dollar has stalled against the yen, and that’s also good news for gold. Gold tends to stage great rallies in the days following the jobs report, and this rally is a particularly interesting one. Here’s why: First, Trump has ratcheted up his “hawk talk” in regards to North Korea and Iran. He’s scheduled to
Thursday, October 12, 2017
Bullion Vault
Silver + Gold Jump as China Returns from Holidays, N.Korea + Catalonia Tensions 'Support' After Comex Bulls Retreat
GOLD and SILVER edged higher against a falling Dollar in Asian and London trade Monday, each gaining half-a-per-cent after traders in world No.1 consumer country China returned from national holidays. Gold prices at one point touched $1284 per ounce, some 1.9% above Friday's fresh 8-week low, as the US currency retreated against major rivals and world stock markets fell for a second day from last week's fresh all-time record highs.
Wednesday, October 11, 2017
Rick Ackerman
Swinging for the Fences in Comex Gold
I am tracking a single-contact position with a cost basis that has been reduced by profit-taking to 1204.80. At a current price of 1293.10, that would imply a theoretical gain so far of nearly $9000. As is my custom, I track positions only when subscribers have reported initiating trades with actual money, based on explicit recommendations I have made, or on precise reversal targets that I’ve calculated using the Hidden Pivot Method. We are swinging for the fences with one contract that remains
Wednesday, October 11, 2017
Antal E. Fekete - Gold University
Forward Thinking On Backwardation
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Saturday, October 7, 2017
Keith Weiner - Monetary Metals
Thoughtful Disagreement with Ted Butler 
Dear Mr Butler: In your article of 2 October, entitled Thoughtful Disagreement, you say, “someone will come up with the thoughtful disagreement that makes the body of my premise invalid or the price of silver will validate the premise by exploding.” I will take you up on your request. You state your case in this paragraph: “Here are the issues. Silver (and gold) prices are set by paper dealings on the COMEX by a few large speculators (banks and managed money traders), to the exclusion of input f
Wednesday, October 4, 2017
Jan Skoyles - GoldCore
Safe Haven Silver To Outperform Gold In Q4 And In 2018
– Safe haven silver to outperform gold in Q4 and 2018 – “Expect silver to eventually outperform gold” say Metals Focus – 2017 YTD, silver has underperformed gold, climbing by 5% versus 11% – Silver undervalued versus gold and especially stocks, bonds and many property markets – Will follow gold’s reactions to macroeconomic & geopolitical factors and should outperform gold – Special report on India shows it accounts for just 16% of global silver demand – Silver a “safe haven at times during which
Wednesday, October 4, 2017
Stewart Thomson - Graceland Update
Gold: Demand Vacuum Has Silver Lining
Since I issued my “book profits now” call for gold several weeks ago, the price has declined relentlessly from the $1360 area high. Investors want to know if I see signs that a fresh rally could begin. The good news is that gold/silver stocks and silver bullion look better than gold bullion. Some stocks are rallying strongly while gold oozes lower. This is the main problem for gold right now; a collapse in Indian market demand. Prime Minister Modi has acted more like Prime Minister Napoleon
Wednesday, October 4, 2017
Chris Powell - GATA
TF Metals Report: Comex silver 'deliveries' surge in September
Reported deliveries against Comex silver futures contracts have risen dramatically in recent months, the TF Metals Report writes today. The TF Metals Report asks: "Is it actual metal or just an exchange of warehouse receipts between banks, made to create the illusion of physical delivery for their paper derivative market? And does this increase in 'deliveries' translate to physical demand and Comex stress or is it just emblematic of the general increase in total Comex silver open interest?" The
Tuesday, October 3, 2017
Theodore Butler - Butler Research
Thoughtful Disagreement
I caught a good interview by Charlie Rose on Bloomberg TV the other night of Ray Dalio, founder and head of Bridgewater Associates, the world’s largest hedge fund with some $150 billion in assets under management. Dalio has been making the rounds recently in promoting his new book, “Principles”, in which he lays out his beliefs for the investment business and the business of life. Now in book form, Dalio previously offered his work for free and which was downloaded more than three million times.
Monday, October 2, 2017
Bullion Vault
Gold Price Hits 6-Week Dollar Low as Euro Falls After Catalonia Vote, Comex Speculators Pull Back
GOLD PRICES fell to new 6-week lows in London trade Monday as the Dollar rose and world stock markets edged higher. The Euro slipped after Sunday's clashes with civil police in Spain's Catalonia region as people voted for independence in what the national government called an illegal ballot. "With this day of hope and suffering," said regional president Carles Puigdemont in Barcelona, "the citiz
Monday, October 2, 2017
Theodore Butler - Butler Research
Interview with Jim Cook
Here’s a recent interview I did with Jim Cook, President of Investment Rarities, Inc., for whom I’ve consulted for more than 17 years (where did the time go?). It’s gotten to the point where about the only interviews I do are with Cook, but that’s not due to our long relationship. Rather, it’s because he comes prepared and wastes no words, making my role easy. With Cook, it’s always about getting to the heart of the matter, with the least amount of fluff as required.Cook: Are you disappointed wi
Friday, September 29, 2017
Jason Hamlin - Gold Stock Bull
Ponzi Finance and Gold Stocks
September News Recap: THE FEDERAL RESERVE met and talked. The unofficial statement issued after their meeting was, “Yada, Yada, Yada.” Their statement was translated by an obscure web site, link unavailable, which interpreted their statement as: “The Federal Reserve along with other important central banks and G-20 nations have created a pyramid of debt. This debt is ever-increasing and will be repaid by issuing new debt. Example:  Issue $2 trillion in new debt to repay $1.5 trillion in old debt
Thursday, September 28, 2017
Bullion Vault
Gold Prices Slip Back Near $1300 After Comex Options Surge on N.Korea 'War' Talk
GOLD PRICES this morning cut yesterday's sharp $15 gain following North Korea's accusation that the US has "declared war", falling back to $1302 per ounce in Tuesday's London trade as the Dollar rose and world stock markets held flat overall. Gold priced in the single-currency Euro pushed higher again following the weekend's German elections, reversing all of last week's 1.9% loss to trade back at €1105 per ounce.
Tuesday, September 26, 2017
Jesse - Le Cafe Américain
Stocks and Precious Metals Charts -
The woods decay, the woods decay and fall, The vapours weep their burthen to the ground, Man comes and tills the field and lies beneath, And after many a summer dies the swan. Alfred Lord Tennyson, Tithonus There will be a precious metals option expiration tomorrow on the Comex. It may be more significant for gold rather than silver. Have a pleasant evening.
Tuesday, September 26, 2017
Bullion Vault
Gold Prices Fall after Merkel's Re-Election in German Election
GOLD PRICES eased back on Monday in London but stayed above last week's near 4-week low after Angela Merkel won the general election in Germany, writes Steffen Grosshauser at BullionVault. The US Dollar rose and the Euro fell however after the right-wing Alternative for Germany (AfD) party won 1-in-8 votes in the German elections. With Dollar gold prices slipping back towards $1291
Monday, September 25, 2017
Sprott Money
Time To Lay Low - Craig Hemke
Even though we've tried to warn and prepare, none of that makes the inevitable Spec wash-and-rinse any easier to watch. At the end of the day, it just is what it is. The year 2017 has unfolded almost precisely as we initially forecast back in January with two steps back following every three steps higher. We had carried a target of new highs for 2017, near $1320, through this most recent rally that began on July 10. That we instead reached $1360 was just a bonus, I guess. From here and with
Saturday, September 23, 2017
Jesse - Le Cafe Américain
Stocks and Precious Metal Charts -
Betramka Villa, Prague "Listen, and I will tell you a mystery:  we will not all fall sleep, but we will all be changed, in a moment, in the twinkling of an eye, at the call of the last trumpet. For that trumpet will sound, and the dead will be raised imperishable, and we, we will be changed.   For the perishable must clothe itself with the imperishable, and the mortal with immortality.   When the perishable has been clothed with the imperishable, and the mortal with immortality, then shall come
Friday, September 22, 2017
Stewart Thomson - Graceland Update
Gold Ownership: A Golden Wave
Several weeks ago, I surprised most investors by issuing my “Book Profits Now!” call for the precious metals asset class. When I did so, head and shoulders top formations immediately formed on gold and GDX, and prices have swooned. Rumours of a sudden drop in Indian dealer demand appeared to become a concern for commercial traders on the COMEX. India’s monsoon season has turned out to be a bit of a “bust”, with both flooding and drought. Farmers buy gold with a portion of their crop profits.
Tuesday, September 19, 2017
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