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Tag Archives: NYSE:CME

Gold and Silver Flat Awaiting Futures Expiry

Gold and Silver Flat Awaiting Futures Expiry

The last Wednesday of every month is the expiration of futures contracts on the COMEX (NYSE:CME) and with the breakout from range last week by both Gold (AMEX:GLD) and Silver… Read more »

Silver Explodes Past $28.30, Eye Now on $30

Silver Explodes Past $28.30, Eye Now on $30

I’ve kept my mouth shut about the price action in Silver (AMEX:PSLV) for the past few weeks because there was not much to say in the matter.  Price action has… Read more »

Obama’s Quest For Re-Election Points to SPR Release

Obama’s Quest For Re-Election Points to SPR Release

With Brent Crude (AMEX:BNO) having risen back to $114 per barrel and West Texas Intermediate Crude (AMEX:USO) back over $96 per barrel, the Obama administration is looking to put fear… Read more »

Gold Ends Week Strong After Futures Expiration

Gold Ends Week Strong After Futures Expiration

Wednesday was the final day of the July futures trading month, as it always is.  And the current rally in gold (AMEX:PHYS) began that day with the $1600 level being… Read more »

CME Reduced to Begging After Peregrine Fiasco

CME Reduced to Begging After Peregrine Fiasco

Hat tip to Zerohedge for this story, but it’s not like we couldn’t see this coming from a mile away since the hatchet job that was done on Silver last… Read more »

Gold and Silver Pop on Euro News

Gold and Silver Pop on Euro News

The 19th European Summit finally produced a result that was market moving in the positive.  Not that what they agreed to is 1) binding or 2) enough to solve anything,… Read more »

Europe, U.S. Turmoil Causes Gold to Spike

Europe, U.S. Turmoil Causes Gold to Spike

Gold bugs have been waiting for this day patiently since the February 29th drive-by shooting that the FOMC pulled off; reversing monetary policy and pushing the markets towards the state… Read more »

CME Group Announces Split and Status Change

CME Group Announces Split and Status Change

In what has to be one of the most cartoonish examples of crony capitalism rubbing the faces of their victims in the effluvia of their self-created crises in the history… Read more »