Free Archive

    November 18, 2017 – Weekly Review
  • Another late-Friday price jolt, this time up, explained gold’s $18 (1.4%) weekly gain and silver ending 42 cents (2.5%) higher. These were the highest weekly closes in five weeks. As a result of silver’s relative outperformance, the silver/gold price...

    November 13, 2017 – COT Report Commentary
  • The holiday-delayed weekly Commitments of Traders (COT) Report, as well as the monthly Bank Participation Report, for positions held as of the close of business Tuesday, Nov 7 indicated a fairly large increase in in the total commercial net...

    November 11, 2017 – Weekly Review
  • The mid-morning selloff yesterday was fairly pronounced, particularly in gold, but it wasn’t enough to completely erase the week’s previous gains, as gold ended the week up by $6 (0.5%), with silver finishing up three cents (0.2%). As a...

    November 8, 2017 – Immovable Objects?
  • The only reason I continue to focus on COMEX futures contract positioning changes as the prime, if not sole driver of gold and silver prices is that such changes always best explain price behavior. So strong is the connection...