- Gold, Silver, Wine Trading



Forgot Password?
Name Last Symbol Expire Date Bid Ask  
American Eagle Gold Coin (1 oz.) American Eagle Gold Coin (1 oz.) $1,147.23  GOLD1ozAE-2012/12/31 12/31/14 $1,147.23 $1,331.17 Buy Sell
Canadian Maple Gold Coin (1 oz.) Canadian Maple Gold Coin (1 oz.) $1,147.23  GOLD1ozCM-2012/12/31 12/31/14 $1,147.23 $1,330.97 Buy Sell
American Eagle Silver Coin (1 oz.) American Eagle Silver Coin (1 oz.) $34.08  SILVER1ozAE-2012/12/31 12/31/14 $16.19 $21.54 Buy Sell
Canadian Maple Silver Coin (1 oz.) Canadian Maple Silver Coin (1 oz.) $35.66  SILVER1ozCM-2012/12/31 12/31/14 $16.19 $21.04 Buy Sell
US90% Silver Coins $100 Face (pre1965) (71.5 oz.) US90% Silver Coins $100 Face (pre1965) (71.5 oz.) $1,096.81  SILVER90PC100F-2012/12/31 12/31/14 $1,096.81 $1,354.93 Buy Sell
    How Does it Work?
24 Hour Spot Gold
24 Hour Spot Silver
Bookmark and Share
  How to Trade October Volatility Greg Guenthner 2014-09-30 11:41:42.0
The craziest month of the trading year is less than 24 hours away…October is typically viewed as an investor's worst nightmare.
  7 Reasons to Always Carry a Knife martenson 2014-09-30 11:22:44.0
  EasyPrep Food Storage - Special Discount martenson 2014-09-30 11:22:44.0
  Michael Campbell interviews Marc Faber : Assets and Stock Markets Inflation MarcFaberBlog 2014-09-30 10:51:20.0
Michael Campbell interviews Marc Faber July 5 2014 : Assets and Stock Markets InflationMarc Faber is an international investor known for his uncanny predictions of the stock market and.
  Demand for Physical Gold Remains Strong as Bullion Banks Suppress Prices David Levenstein 2014-09-30 06:01:55.0
September has been a poor month for precious metals.
  Should You Become Bullish ? Or Remain Bearish ? On Gold? Here's What the Indicators Say Lorimer Wilson 2014-09-30 05:22:52.0
There are good reasons for gold timers to be bearish.
  10 Reasons Why ? Despite the Decline ? You Should Own Some Physical Gold and/or Silver Lorimer Wilson 2014-09-30 05:16:39.0
Sit back and take a look at the economic & financial situation in the world today and
  Why the USD Is So Strong & the Implications For the Economy & Stock Market Lorimer Wilson 2014-09-30 05:10:24.0
Given the recent upside breakout in the dollar I've been getting a lot of questions
  Don't Buy Gold Until Price Falls Below $1100! Here's Why Lorimer Wilson 2014-09-30 04:38:52.0
An analysis of ??the ratio between the market capitalization of gold and the
  Final ?thud? In Gold to $1,190 Level Coming! Here's Why Lorimer Wilson 2014-09-30 04:38:52.0
In spite of the June 2014 pop [I expect to see]…a dip to below the $1190/oz level at
  Gold Rush Is On In China (to replace USD with a gold-backed Renminbi?) Lorimer Wilson 2014-09-30 04:32:34.0
China consumed, mined and imported the most gold ever in 2013.
  Attempting To Sustain The Unsustainable martenson 2014-09-29 23:19:44.0
  Monday Update: Gold Bugs Index (HUI) Continues to Drop Like A Stone! Lorimer Wilson 2014-09-29 17:39:37.0
The Gold Bugs index pennant pattern ( a series of lower highs and higher lows) that has formed over the past year and a half [has finally broken down through resistance! How low will it now go?]The above introductory comments are edited excerpts from an article* by Chris Kimble (blog.
  Daily Digest 9/28 - More On Arctic Oil Discovery, When Everything Works Like Your Cell Phone martenson 2014-09-29 17:21:47.0
  Multi-Functional Plants for the Permaculture Garden martenson 2014-09-29 17:21:47.0
  Technical Analysis: All Metals Weak, Gold Bull Market Over For Now Gold Silver Worlds 2014-09-29 17:09:12.0
The following is an excerpt from Yamada's??latest monthly update for??premium subscribers, released today.
  One Thing to Consider Before You Become a Whistleblower Chris Campbell 2014-09-29 17:09:04.0
Are you thinking of becoming a whistleblower?Are you considering exposing some heinous crime against humanity, yet you're afraid the government might put you on a hit-list?One hacker has your back.
  How to Spot a Market Top Greg Guenthner 2014-09-29 17:09:04.0
World markets are beginning the new week with a new case of the jitters…Escalating pro-democracy protests in Hong Kong are helping to fan some selling this morning.
  Key Week For Bull/Bear Battle 2014-09-29 17:09:04.0
Good News, Bad NewsAn encouraging economic report was released Monday, which increased concerns about a sooner rather than later Fed rate hike.
  Daily Digest 9/29 - The Information War For Ukraine, Wind Energy Politics In Kansas martenson 2014-09-29 17:09:04.0
  Gold Prices Going Down: 3 Gold Mining Stocks to Dump Tue, 30 Sep 2014 07:02:49 -0700
3 stocks to dump as gold prices are falling due to a stronger dollar and weak demand in China and India.
  Gold price falls on poor offtake, silver tumbles Tue, 30 Sep 2014 06:50:29 -0700
Standard gold (99.5 purity) shed by Rs 105 to conclude at Rs 26,755 per 10 grams compared to Monday's level of Rs 26,860.
  Wine in a can -- and it's not bad Tue, 30 Sep 2014 05:32:39 -0700
Wine in anything but a glass bottle used to get a bad rap. But times are changing.
  Wine in a can, a keg, a carton...and it's not bad Tue, 30 Sep 2014 05:00:00 -0700
Jordan Kivelstadt decided to ditch glass wine bottles after he literally kicked a keg. Kivelstadt was working on a bottling line in California and one day in 2008, things didn't go well. Bottling is a ...
  Gold rebounds US$1.3; silver hits 4-year low Mon, 29 Sep 2014 21:42:58 -0700
Gold market saw capital inflows for risk aversion amid the decline in U.S. stocks.New York December ...
  The Price of Gold and the Art of War, Part II Mon, 29 Sep 2014 21:16:30 -0700
  Gold adorned Indian brides unlikely to lift bullion price Mon, 29 Sep 2014 14:14:45 -0700
Investors hoping the Indian wedding season will deliver a boost to the languishing gold price are likely to be disappointed, analysts say.
  Must-know: Valuing gold mining companies like Newmont Mining Mon, 29 Sep 2014 14:00:02 -0700
The method used to value a mining company depends on the stage in the mining life cycle the company's currently in. For early-stage companies, since the reserve life and grade et cetera aren't known, the ...
  GoPro goes faster and further with its new Hero4 Black and Silver Mon, 29 Sep 2014 13:40:54 -0700
  Trade the Gold Futures using Harmonic Analysis and Binary Options Mon, 29 Sep 2014 08:30:03 -0700
  Red Obsession Mon, 29 Sep 2014 07:24:40 -0700
  Soltoro Reports Revised NI 43-101 Compliant Silver Resource at the El Rayo Primary Silver Deposit in Jalisco Mon, 29 Sep 2014 07:00:00 -0700
Soltoro Ltd. has received a revised independent resource estimate on its 100% owned El Rayo silver project in the State of Jalisco, Mexico. The NI 43-101 compliant resources were estimated by Agnerian ...
  Gold & Silver Market Morning Mon, 29 Sep 2014 06:10:19 -0700
  Gold vs Silver during Precious-Metals Bull Markets Mon, 29 Sep 2014 06:09:35 -0700
Below is an excerpt from a commentary originally posted at on 25 th September 2014. It is widely believed that silver outperforms gold during bull markets for these metals, but that's only partially true.
  San Diego Welcomes Fall Travelers With Wine Weekend Getaway Packages To The World Class San Diego Bay Wine & Food ... Mon, 29 Sep 2014 05:30:00 -0700
SAN DIEGO, Sept. 29, 2014 /PRNewswire/ -- This Fall, wine and food lovers are invited to explore America's Finest City with culinary vacation packages from San Diego's premier hotels during Southern California's ...
  Atlantic Gold Completes a Consolidated PEA On Nova Scotia Properties; "Base" Case After Tax NPV $163 Million, IRR 33.5 ... Mon, 29 Sep 2014 05:00:00 -0700
Atlantic Gold Corporation is pleased to announce the results of a Preliminary Economic Analysis prepared by Moose Mountain Technical Services Ltd. under the direction of the Company's senior management ...
  How to use the Commitment of Traders Report? Wed, 19 Jun 2013 18:08:00 GMT
The Commitment of Traders report (COT report) is a weekly report, which is issued on every Friday by Commodity Futures Trading Commission (CFTC). This report contains the details of the positions of all the market participants. Every report that comes on Friday contains the data as of the preceding Tuesday.

The role of CFTC is to Commodities Future & Options market what SEC is to equity markets. The COT is a very handy, reliable and important report as it has good deal of data related to the market positions and trends of various trader groups. It is very useful in understanding the current and future market movements.

The structure of the COT report is detailed and it provides data segregated into different trader groups. The three main categories being: commercial traders, non-commercial traders and non-reportables.

Commercial Traders: They are the main players of the Commodity future markets. They are essentially hedgers and their trades are for actual delivery of the underlying asset. They have the largest positions in the markets and are big entities like Producers and users/consumers. They have the best knowledge of demand, supply & market movements etc. and enter into contracts as per their requirements and forecasts.

Non-commercial traders: They are also generally big traders but unlike the commercial traders, their positions are mostly for speculative profits. They enter a position with a view to make money and exit the position long before the due dates.

Non-reportables: This is the smallest group of traders and consists of individuals or other small entities that trade on speculative lines. Their holdings are individually too small to be required to report to CFTC and hence the name.

Over the years, CFTC has been providing the report with the aforesaid three categories of traders. But in the recent years, it has started providing disaggregated reports, further categorizing the traders. The picture below illustrates the disaggregated trader categories.

In the above classification, Swap dealers represent the Pension funds, endowments etc. These funds rather than directly trading in the future markets, work through the services of Swap dealers.

Basics of COT report

The COT report is a very valuable source of information, which can be used to get an idea of the future market movements and accordingly device a trading strategy. Let's take a sample COT report of Gold Futures dated 11th June and try to understand the basic data sets and their implications.

A gold future contract is of 100 Troy ounces and the above report is a part of the COT report on metals issued by CFTC on 14th of June, 2013. The report shows the category wise positions as on June 11th. In each category, the long and short positions represent the number of contracts held. The total open interest shows the sum of all contracts (both long & short), that have neither expired nor settled. From the above data, we can get the following perspectives about the current market conditions.

The total open interest is 373,844, which is marginally up by 783 from the previous week. This indicates a bit higher market participation. The benefit of an increased open interest is that a higher number of transactions take place increasing the liquidity. At the same time it also indicates better market conditions for trading and may be a sign of trend reversal.

The net position of Producers/Merchants category is still on the bearish side but compared to last week it shows increase of 3,251 in long contracts. Remember that this group has the best knowledge of the markets and they are bearish with slight movements towards bullish side of the fence. This movement towards long position may be short term or long term. Now if we look at the data of past few weeks, we will observe that there is a gradual increase in the long position of this group. The total extent of their short positions has been decreasing over the time. This may indicate a positive outlook for gold in the future.

The swap dealers reflect the same approach as far as the net position is considered.

Managed Money traders have a contrarian position. This may be due to the longer time frame that they generally target, eliminating the reflection of short-term market sentiments in their position.

Other reportable and the non-reportables are generally market followers. They are mostly in a position opposite to that of commercials. One thing that you should always avoid is to follow the trend of non-reportables.

The current COT report can further be compared to the past data and more inferences can be deduced. For example, if you compare the open interest with past data, you would see that it has been falling and has dropped quite low. Also this drop has somewhat stabilized over the past few weeks and it seems to be bottoming up. This indicates that a strong level of support for the gold prices may have been achieved and there are pretty good chances of a trend reversal.

Some takeaways

Now since you have some understanding of how to use COT report, you must keep the following points in mind while using it.

COT report comes with a time delay of 3 days. This is a dampening factor to the uses of the report in framing intraday and very short-term trade strategies.

The data content is excellent and reliable. This makes it a great source of getting market insights.

Further derivations of the COT report in the form index creation or indicators etc can further add to its utility.

Use other tools in combination with COT insights to validate your analysis.

COT report as such is of great value. No wonders why CFTC has to give in to the demands of weekly reports from the market participants, rather than the bi-monthly report that it used to provide in the past. That's all as of now. Happy trading!!!


  Gold and Silver Speculator Long Positions Wiped Out Fri, 26 Apr 2013 21:17:00 GMT
Small speculators, also known as individual investors, have had their net long positions in gold and silver completely wiped out over the last two weeks. As of last Tuesday, these small investors held a mere 133 net long gold contracts, and 2163 net long silver contracts. As recently as September, when we turned cautious on the metals, small speculators held over 60,000 net long gold contracts and 20,000 silver contracts. If the small speculators were to sell anymore gold and silver, they would become net short.

Typically commercial banks manipulate prices on low volume to set the price and then trade at the newly set price in volume. The recent crash in gold and silver began after hours on a Friday, and was hit further by large sell orders Sunday night to take out the well known technical support lines of both metals. Most small retails investors were probably not even contacted by their futures broker. By the time they checked their account the next Monday Morning, either their protective stop orders were triggered or the margin clerk forcefully closed their position. The snowball effect in margin calls and stop loss orders was great enough to last several days.

None of this is surprising. However, we were quite surprised to see that net short positions of commercial traders rose substantially during this period. Typically they would be expected to cover their short positions at lower prices, mopping up the losses of retail investors.

This reveals several important changes to the gold and silver markets:
1) It took an enormous number of short positions added to move the market even on a weekend.
2) The gambit failed, as they were not able to cover these positions in volume after the dump. Nevertheless, as we have been expecting for several years, the commercial traders will be net long before the metals make new highs. But if they can't cover at lower prices, they will begin covering at higher prices as we saw when silver rose from $20 fall 2010 to $50 in spring 2011.

We suspect that the failure of the gold gambit is largely due to the unexpected surge in GLOBAL demand for physical metal. Premiums on bullion products are higher than they were during the 2008 crash, with even junk silver selling at $5-$6 over the paper spot price. This is unprecedented.

The consolidation in gold and silver over the last two years has been painful, especially for mining investors. However, with the prices of the metals at or below production costs, along with shortages of retail bullion products, and zero net long small investors, we are struggling to identify any more sellers. The summer season is typically weak for precious metals, and they could easily back and fill a base over the next six months, however the risk in accumulating physical metals in this price range is very low. We also believe that producing miners with cash holdings represent substantial value at this time.
  Caution Advised in Gold and Silver Sun, 02 Sep 2012 02:35:00 GMT
Gold and especially silver have succumbed to a long a demoralizing correction over the last 12 to 18 months. The summer doldrums likely marked the bottom of this correction, and the metals have turn the corner higher. However, both gold and silver investors will likely have their resolve tested once again in the coming weeks before the metals are able to break higher.

Precious metals (GLD, SLV), and mining equities surged from their 2008 lows to their 2011 highs in reaction to massive monetary intervention, and an initial surge in inflationary expectations. Although interest rates have remained near zero, and real interest rates are clearly negative, precious metals investors have been disappointed by the ongoing global stagflationary wealth destruction, and the failure of further intervention by policy makers. The Federal Reserve has admitted that the US economy is weaker than desired, yet it has also continually disappointed in announcing a new quantitative easing as it seeks political justification.

The last two years of global policy makers kicking the can down the road, in conjunction with weaker demand from India, has created the environment for a severe correction in gold, silver, and miners. While it hasn't been the most severe in terms of percentage loss, it has likely been the most severe in terms of sentiment. With Europe, India, China, and the US all decelerating at a rapid pace, and the US fiscal cliff returning the political forefront, we believe that we are months away at the most from a turn in monetary policy. Verbal intervention has run its course, and real monetary intervention is a mathematical certainty.

Gold miners(GDX) bottomed in May, and are leading the metals. They are now overbought and could face a sharp correction before breaking out.

Gold and silver may already have begun pricing in future intervention, however commercial banks are not yet on board with the breakout in gold and silver. Net commercial short positions in both gold and silver, at a time when prices are near resistance levels and overbought are indicating that a short and severe correction could be imminent.

Silver has had an especially large spike in commercial short positions over the last three weeks.

The current commercial short positions in silver and gold must be reduced before the metals can break higher. In other words, commercial banks must cover the majority of their short positions. While they could cover as prices rise, history suggests that the most likely scenario is for the commercial banks to take down the price and cover at lower levels. This correction will likely coincide with the realization of a global recession/depression in 2013 and end with the realization of further monetary intervention.
Market Categories Search Symbol Trade Register Other Links FAQ Blog Editorials Charts Contact Us Terms Bookmark and Share Site Meter