truthingold.com / By truthing / June 17, 2013 at 11:14
Silver prices are trading on the defensive despite declines in the dollar which generally make commodity prices more attractive. With the world bank cutting its long term growth prospects for global growth, precious metals such as silver are feeling the brunt of lackluster economic growth.
jessescrossroadscafe.blogspot.ca / By Jesse / June 11, 2013
Are there any markets that have not been corrupted by lax regulation, and as a consequence by Banks who have been emboldened in their insatiable greed by the lack of effective enforcement of the rules and equal justice for all?
It is somewhat ironic that this [...]
jessescrossroadscafe.blogspot.com / By Jesse / June 11, 2013
It appears that President Obama is bidding adieu to CFTC Chairman Gary Gensler, purportedly for being ‘too aggressive’ with the Banks over their antics in the markets, with special emphasis on swaps and derivatives activity offshore.
I wonder who put the word in President Barry’s ear? It [...]
jessescrossroadscafe.blogspot.com / By JESSE / June 11, 2013, 10:24PM
Are there any markets that have not been corrupted by lax regulation and Banks who have been emboldened in their insatiable greed by the lack of effective enforcement of the rules and equal justice for all?
It is somewhat ironic that this news comes on the [...]
caseyresearch.com / By Ed Steer / June 11, 2013
¤ YESTERDAY IN GOLD & SILVER
It was very quiet in Far East trading on their Monday. The gold price traded pretty flat until noon Hong Kong time…and then it drifted down to its low of the day, which came around 9:30 a.m. BST in London.
jessescrossroadscafe.blogspot.com / By Jesse / June 8, 2013
The US Banks have gotten net long of gold in this last report.
The charts below are from Sharelynx.com.
Here is what Ted Butler had to say about this report today:
“Since the BPR of February 5, the US bank category position [...]
bullmarketthinking.com / By Tekoa Da Silva / June 10, 2013
In a fascinating reaffirmation of the fundamentals of the gold bull market, US Banks & Large Traders as defined by the CFTC as being, “commercially engaged in business activities hedged by use of the futures or option markets,” have quietly flipped from being tremendously short [...]
jessescrossroadscafe.blogspot.com / By Jesse / June 10, 2013
The Gold/Silver ratio is at a high point given its recent history.
I think there are signs of speculative excess to the downside. The professionals seem to have been covering their short positions in gold and to some extent silver.
The disappointment one feels with the regulators [...]
jessescrossroadscafe.blogspot.com / By JESSE / June 4, 2013, 4:28 PM
It was a dull day in the metals trade.
Early this morning a friend sent me a note saying that the CFTC had put a disclaimer on its warehouse inventory report. At first I though it was a joke or some hoax. [...]
gotgoldreport.com / By Gene Arensberg / May 31, 2013
Edit 1: Adds charts and brief commentary.
This week also shows the Commercial category in the Legacy COT report.
HOUSTON — This week’s Commodity Futures Trading Commission (CFTC) disaggregated commitments of traders (DCOT) report was released at 15:30 ET Friday. Our recap of the changes [...]
therealasset.co.uk / by Jan Skoyles / June 3, 2013
Hopes remain strong for current gold prices this week after Friday’s CFTC report showed hedge funds and money managers increased their bullish bets on gold for the first time in a month thanks to increasing uncertainty over the US’ economic recovery.
finance.yahoo.com / By Lawrence Lewitinn / Tue, May 28, 2013 2:52 PM EDT
Gold isn’t the only precious metal dropping this year. Silver is down more than 25% in 2013. But is there a silver lining?
Silver is down more than 26% compared to gold’s drop of 17.5%. Recent data from [...]
zerohedge.com / by Tyler Durden / 05/24/2013 18:47 -0400
Two days ago we suggested that ”they better pray there is no short squeeze.” Today, following the just released latest CFTC Commitment of Traders data which showed that the Comex gold short position grew once again to a new all time high of 79,416 shorts, all [...]
24hgold.com / by Bron Suchecki / May 24th, 2013
Gene Arensberg has an article out on the COMEX price smash where he concludes that: “in order for the initial 124 tonne sale to have occurred “legally” it would have had to have been 14 traders, all with zero orders open, all acting simultaneously, all [...]
silverseek.com / By Theodore Butler / May 24, 2013 – 12:23pm
A subscriber recently commented that the Oligarchs who rule Russia only wish they got to run things as efficiently as how JPMorgan and the big banks control our financial markets, particularly in the trading of precious metals. Based upon the last few days, [...]
roadtoroota.com / By Bix Weir / May 23, 2013
I gave up on silver price technical analysis about 5 years ago. It is a tool used by the Bad Guys to sucker people in for the slaughter. “They” can place the electronic price ANYWHERE they want to, at any time they want [...]
jessescrossroadscafe.blogspot.ca / By Jesse / May 21, 2013
Bernanke gives his Congressional testimony tomorrow morning.
FOMC minutes will be released in the afternoon.
The stock market is at bubble levels. And the real economy is languishing. I find it almost incredible how the economists can blithely ignore another bubble once again.
Speaking of Blythe, have [...]
mineweb.com / By David Levenstein / Tuesday , 21 May 2013
Although the primary purpose of the futures markets is to provide an efficient and effective mechanism for the management of price risks, when it comes to precious metals, and as we have seen in recent weeks, it has become nothing more than a [...]
jessescrossroadscafe.blogspot.ca / By Jesse / May 19, 2013
A large number of silver contracts were dumped on the Comex open on Sunday evening, a very quiet market period.
This ran the ‘stops’ and the price.
A similar number of contracts were then bought back at a lower price. And then the market was roiled, but [...]
gata.org / By Chris Powell / May 15, 2013
Dear Friend of GATA and Gold:
Gene Arensberg of the Got Gold Report today wonders aloud how April’s gold smash, apparently involving more gold than has ever been dumped on the Comex futures market at once, about 40,000 contracts, did not violate the position limits of [...]
kitco.com / By Debbie Carlson / May 14th, 2013 9:51 AM
(Kitco News) – The U.S. Commodity Futures Trading Commission sued a Florida-based precious metals firm and its owner, saying the two committed fraud when they accepted more than $800,000 from about nine U.S. customers and misappropriated nearly all the money, the CFTC said late [...]
gotgoldreport.com / By Gene Arensberg / May 14, 2013, 01:13:58 PM
HOUSTON – We thought we would share with our readership an important change in the positioning of large U.S. banks in the monthly futures-only Bank Participation Report (BPR) issued by the Commodity futures Trading Commission (CFTC). The most recent report was [...]
gata.org / By Greg Meyer and Kara Scannell / May 13, 2013
Watchdog Probes 1 Million US Swap Contracts
By Greg Meyer and Kara Scannell Financial Times, London Monday, May 13, 2013
A top US financial regulator has launched a broad inquiry into the legitimacy of more than 1 million energy and metals transactions [...]
truthingold.com / By truthing / May 13, 2013, 09:35
Gold fell more than 1 percent on Monday, holding near its weakest level in two weeks, as the dollar firmed on signs of an improving U.S. job market and as holdings in exchange-traded funds slipped again.
Bullion’s safe-haven appeal has been dimmed by speculation the Federal [...]
silverseek.com / By Theodore Butler / May 9, 2013 – 11:24am
Sticking with the theme of milestones, we’ve just crossed a few important anniversary dates that relate to silver that taken in proper perspective point to a disturbing conclusion. That conclusion is that the US commodities regulator, the CFTC, has done more public harm [...]
deviantinvestor.com / By GE Christenson / May 9, 2013
This article is reprinted, with permission, from John Townsend atThe TSI Trader.
Many articles have been written on sentiment and its role in establishing where a market lies in its up-down-up-down cycle. This article addresses sentiment from many perspectives and concludes that the gold market is [...]
blog.milesfranklin.com / By Bill Holter / May 8th, 2013
I wrote yesterday about how the CFTC would look into Bitcoin yet nearly 5 years after the silver investigation we have heard nothing. In a roundabout way I saw a reply from Bart Chilton this morning to several writings yesterday (I suppose my [...]
goldsilverbitcoin.com / By admin / May 7, 2013
“If you guys want to be a shill for the financial industry and support a shadow currency that people use to purchase drugs and money with—have a party, man. My job is a regulator; I’m going to look after it.” said CFTC commission Bart [...]
blog.milesfranklin.com / By Bill Holter / May 7th, 2013
Yesterday (as reported by Zero Hedge) Bart Chilton, one of the CFTC commissioners said that they need to investigate “Bitcoin” because as he put it, “This is not monopoly money – real people have real risk in these instruments.” Yes very “real” so to speak. [...]