Gold & Silver CoT and Their Daily Chart Close

An interesting week, folks. Gold's Commitments of Traders took on more bullish speculators and corresponding commercial net shorts. The little guy shorted, which should be a tiny little positive for…

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A Disclosure

After a brief back and forth with Mark at IKN last week and a quick look at the IKN Weekly's opening I'd like to make a disclosure on something. While…

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Will the Miners Get Dusted?

I covered my short on silver for +8% (using the leveraged DSLV) and decided to use the more direct hedging route (for my miner positions) in shorting the leveraged miner…

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Short Silver Because…

I took a short on silver on the big pop this morning because a) the implications of weak CPI and Retail sales favor gold over silver, but silver popped harder…

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NFTRH; Gold, Silver & HUI

The heavy looking precious metals complex chose the path of least resistance yesterday, which was down, as we've been noting. Let's take a brief update of the technicals, with only…

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Silver Giving Way?

It is my only short position now, having taken losses on a couple market shorts (partially hedging longs) and a gain on crude oil (just because I was straight out…

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NFTRH; Gold and Geopolitics

The setup is a classic one, and it is not a positive one.  What I mean is the geopolitical setup, where Syria gasses its people, the US lobs Tomahawks into…

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Puts on Silver (SLV)

I don't often short the precious metals other than for hedging purposes, but this time I am taking a kick at the can and buying puts against SLV, just because…

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SIL-SLV & GDX-GLD Do Not Inspire

Silver miners vs. the metal they dig out of the ground are not doing well at all. Gold miners vs. the metal they dig out of the ground have a…

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Silver 2011, Dow 2017

This is not a top call.  My target was Dow 21,000 and this pig blew through it and flew to 21,115.  This is a comparison of one bubble to another…

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