Recent content by Primal Trader

As I warned earlier in this thread, overnight developments with respect to China can have a massive overnight kick in the groin effect for those holding copper looking for an uptrend. Copper is down a major close to 3% on COMEX this AM. Yesterday it was down some due to a disappointing China...

When you trade copper, you must remember that China uses about 60% of the internationally traded supply. However, several months ago the prices in China were actually lower than in the West, it is also a major copper producer. And so of all things there was an interesting arbitrage opportunity...

From my perspective, it is vital to Know who YOU are! There are a few traders out there who do ok or at times even well with the stock markets. I am NOT that person. To me they are often the most irrational of all markets, and more like an exhausting high school popularity contest at times...

In the distant past I lived in the Pasadena area, Monterey, Carmel, and Carmel Valley, all in California and well renowned. Quite affluent areas all as well. You could not pay me to live there again. The quality of life has gone downhill, the state tax rate is utterly atrocious, Newsom wants to...

Some of the loneliest people I encounter are actually couples at excellent, romantic restaurants. Yet each has their head down staring at a "smart" phone with a dull, lifeless expression, zombie scrolling. Indeed "Life" around the world has changed for most, loneliness is a growing epidemic...

As I write at 3:57 AM Mountain Time, the Micro Ethereum Futures on CME are down about $115, or about 3%. I was very curious after the announcement as to how things would head overnight. I suspected the huge move a few days ago pulled in the vast majority of those who currently would want to buy...

I will NEVER forget an experience I had in then communist Poland while doing independent research, right after martial law was lifted, but there was still much oppression. There was suddenly a very large line of people going into a store. I heard someone yell : SREBRO, which means silver. The...

The Roth IRA was some of the best legislation ever created in the USA. Murray is correct, as long as you are at least 59 1/2 when you start your withdrawals, and you have had a funded Roth for at least 5 years, it is completely free of taxes. What many do NOT know about, and I did a lot of...

This point you made on Margins is very important! Trading is an exceptionally challenging profession as it is. To have the huge distraction of frequently shifting margin requirements would not be acceptable to me. I had been curious about Interactive, but no longer. Distractions are the main...

One of my degrees was in International Economics, so I do understand your desire to understand these reports. That being said, however, there are a few problems with these reports and using them for trading. First, you never know when the market is going to go by the narrative "Bad news is...

I started trading in the mid-90's, then a long hiatus, now in futures 14 years. While there might be some percentage of certain personality types who are strongly attracted to trading, and who are obsessed with money and competition in general, there are plenty of exceptions. IF you allow it to...

From what I encounter in stores and on the roadways and such, in America there are in general a LOT of increasingly angry people, not just online. More polarization, short fuses, willingness to use violence against people with the opposite political viewpoints, or even viewpoints on the recent...

In my city we have an exceptionally high-quality and very trusted gold and silver bullion/coin dealer. Years ago they stopped even being open on weekends, period, due to the fact that there was no accurate way to know the critically important current worldwide spot price of precious metals, and...

"Safe" havens are an interesting topic. Within Forex, AUD is definitely not one! It is very much a risk on-risk off currency, tends to highly reflect the US equities markets. The Swiss Franc is in a clear downtrend due to their recent interest rates announcements. In general it has not been a...

As far as I know there are zero ways to know the accurate current spot prices of precious metals on WEEKENDS. If there is anything obscure out there these days, it would be incredibly subjective with the international financial world basically shut down for well over 40 hours. The financial...