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US T-Bills. In a destructive bout of wholesale liquidation by global fund managers, they are forced to put themselves in a much higher cash and bond allocation and hence the 91-Day US T-Bill rate plummets. This is now occurring in the exact manner as it did in early 2001. The dash to cash...

Nice charting there. The top right chart looks a bit more scary if 780 gets taken out. 780 is very important as it is horizontal support from November. If that level gets busted on a NY close, then 740 comes next. I would also watch Copper as well since I believe that the losses could really...

So far the week looks set to close in quite a bearish tone for the base and precious metals complex. I did provide forewarning of this distinct possibility on the evening that gold touched 815 so I hope some of you caught this. The issue at hand is the expected turn date in early December...

780 target or lower still stands as a distinct possibility. The dash to cash is back in full force as global equities markets continue to get sold down. Short rates are breaking down below their respective August lows and things could begin to get real ugly across the board again here. Be...

Your better off sticking to outright electronic positions unless you have a really good broker that can send your option order directly and immediately to the floor and on the cheap. The option ring in the metals is quite small in comparison to many other markets. Index equity options on futures...

In the short term gold is really just consolidating within a triangle. Feb. Gold did touch an area of resistance today at 820 and some decent selling was observed. Even as Crude rallied significantly, the gold shares once again exhibited a muted response to the advance in gold metal today. There...

Another development that is becoming very interesting of late is the purchasing of GLD by shareholders in the trust. Whenever gold is sold down about $10 during the NY session, some major buying keeps surfacing in the trust. Yesterday as cash gold was down close to $17 from the Comex close, the...

This is exactly what has transpired so far. There is no better place to be at the moment imo.. Today is a historic day in the world of fractional reserve banking. Never before in our collective history, the worlds central banks have decided to run the printing presses at full tilt in order to...

Today's coordinated action by the Fed, BOE, BOC, SNB and the ECB is too provide a much larger pool of liquidity to the banking system. This is a highly inflationary development alongside with the release that US import prices have risen the largest in 17yrs. It's no wonder that gold and silver...

So far gold has recovered about $11 from the 795 low this afternoon and silver about $0.20 as well. Today's attack on gold was likely intended to shakeout as many longs as possible imo. There is very strong possibility that prices breakout right from this level. Let's see how the week closes but...

Snapback selling across the board today after the FOMC announcement. It's no surprise to me that gold was taken down after the close of the floor to coincide with the pummeling of the equities markets. This was likely an influenced day and a pullback was needed to relieve the overbot conditions...

11:45AM EST 12/11: Bot into the following gold and silver equities on this smackdown in the Dow -210 on Fed day. These prices will not last long down here imo... GDX MDG SLW KGC GG

I have EVDO on Verizon and even though I don't daytrade, I have executed many orders over their service and it works really well...

I would recommend that you fully understand the entire delivery process and contract specifications for both the AL contracts on NYMEX and LME. If you are unable to meet the exact requirements and contract criteria for making delivery than I wouldn't even think about moving any further. This is...

12/10: Confirmed...

I got news for ya'll, once 850 is broken to the upside the action will get even more intense. I can't stress the importance of just taking a position and sitting with it. Many traders will try to game the action and they will make nothing and/or lose everything in the process... Thanks again...

Classic quote from "Rounders"... <I>Always leave yourself outs</I>... In other words, don't game up your entire bankroll on one shot. Make sure you are never forced to leave the pit by hearse...

Seasonality for platinum right now is bullish until late-April or early May time frame. Demand is primarily driven in the form of investment (Asian demand has always been good) and within the automotive and fusion technology industries. Platinum has catalytic qualities and is in high demand as a...

Another "golden pennant" appears to be forming from this latest correction/consolidation period. Once gold breaks back over 825 then the bulls regain control imo...

ARCA (NYSE) and NSDQ are the largest based on volume in equities. GLOBEX (CME/NYMEX) is the largest electronic derivatives exchange...