derryb ✭✭✭✭✭

The cause begins at the futures exchange where the basis (spot) of physical prices is set via the demand/purchase of futures contracts. Bidding less on a paper product changes only the supply and dem… (View Post)

Four consecutive sessions of identical behavior suggest something larger than ordinary profit-taking. Open interest remains flat, implying that as prices rise, large funds exit and bullion banks cove… (View Post)

The only other time in recent history that a similar event occurred was in May 2006, when gold rallied 30% within two months and 60% within ten. May 2006 was followed by a 30% correction a month and … (View Post)

useconomy.gov sees the need to run the economy "hot" (inflation) to deal with its debt. Look for inflation to climb and PMs to respond higher. (View Post)

Lest we forget it's up 64% year to date. The glass remains half full. (View Post)