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Most of the guys with tablets down there are strictly arbing between the floor and the screen. There are essentially helping to make the market during open outcry. Scalping pennies on lots of 10-100 contracts can bring in some serious coin if you know whats coming down the pipe. However, any...

I started a new thread for 'December Silver (SIZ)'. this where the action is going to be from this point forward imo... Cash gold will likely break over 770 once the USDX cracks below 77. With Crude prices trading again right up near 90, I just can't see much in the way until 800 soon...

Silver is likely on the verge of breaking out to retest the 15.21 cash high from May' 06. Once 14 on the cash market is blown out, then there should be additional buying interest coming forward. On SLV, a close over 138 would provide a very optimistic setup for a move to test the swing high of...

As long as 750 holds on a closing basis for GCZ/ZGZ, then gold should continue to move higher now. The coming months look to be much more exciting i believe. The pullbacks so far in gold continue to be bot aggressively...

The latest correction in gold down to 745 yesterday was all but erased today and were right back up to 764 now. The seasonal correction in gold may have passed already imo. The dollar is looking very vulnerable once again and this continues to hold gold up. The demand that is being built up...

Because it is very oversold. However I don't yet subscribe to the possibility that this is "the" bottom for the USDX. It could rally all the back to 80 and then fail miserably. This is what I am watching for during the 1st week of November...

Right on cue....

yep, this news is already baked in the cake.. Any impending incursion by Turkey has been priced into the market as the authorization already occured last week...

TreasuryDirect... purchase and hold 3-Month US T-Bills electronically. The safest and most liquid cash investment vehicle available imo...

Sure enough, the latest COT report shows commercial traders are net short while the large and small specs are net long the most gold amidst historic levels in open interest. What this entails is that the gold producers and bullion banks are likely offloading higher gold price contracts to...

Whenever CNBC starts rolling out "T-Bone" on a recurring basis, its time to get out or get short Crude.

When Crude prices go up then so does the Oil Services and Refiners shares. This places upward momentum in the S&P500 since there is a good deal of these companies in that index. Once the selloff starts in the $OSX, then the S&P gets taken to the woodshed. Yesterdays 6.4% price break in the OSX...

Usually its the other way around actually. The OSX normally starts a harsh decline just before Crude begins to selloff...

Price breaks demonstrated in the OSX index often corresponds to an impending implosion of the crude oil price from prior setups...

Seriously! I hope some other traders took notice with this development. What I found more interesting is that on 10/17 is when the India BSX opened gap down and the Yen broke 116.50 is right when the downside really started on a global scale. With NY equities closing right near the lows of the...

Just a gut feel here but with gold backing away from 770 cash, there is a substantial possibility that some heavy selling could come through here today. Short from 767 cash with stops close by. Global markets appear to be correcting significantly now and gold will likely get caught up in the...

Position was stopped out this morning at 1.4265 basis ECZ7. A break at that level indicated a move over the prior swing high. For now the XEU looks set to move higher since the DX is breaking down under 77.70 which was prior support. I'm flat for now. This was the 1st time in several months that...

Nope, I'm done with CL for now. It looks like it wants to continue higher. I believe that the supply/demand issues right now are meaningless. Price action continues to be driven by the weak action in the USDX which has broken support yet again. Unless the dollar rebounds, its tough to short...

Trying to sell again right here @ 88.80. Very tight stop just over 89 though.. Upside momentum looks to be waning imo...

Mostly just reading into the current intermediate chart of the Yen which spiked right up to 118 and now appears to be turning back down again. I have had 110 as a target for sometime now. Risk aversion is showing up again in recent days. Just have a look at short rates and movements in the UST...