Oil is Different Last week , we showed a graph of rising open interest in crude oil futures. From this, we inferred – incorrectly as it turns out – that the basis must be rising. Why else, we asked, would market makers carry more and more oil? Crude oil […]
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Tom Cloud discusses the silver market and the new 2018 Silver Krugerrand. According to Tom, the silver price has hit $15.80 for […]
BENGALURU (Reuters) – Gold prices edged higher on Thursday, supported by a weaker dollar amid ongoing concerns about a trade war between […]
“The reality of a real trade war and its effect on the U.S. and world economies has finally hit the precious metal […]
* Dollar falls to near two-week low * Net short position in gold for first time since 2016 – CFTC (Adds comment, […]
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