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Search: Posts Made By: SMCJB
Forum: Commodities March 24th, 2024, 03:05 PM
Replies: 78
Views: 21,134
Posted By SMCJB
Gold is one of those markets where forward prices...

Gold is one of those markets where forward prices are highly arbitrage-able and most of the time forward contracts trade at cost of carry (ie interest) plus cost of storage. (Unlike something like...
Forum: Commodities March 8th, 2024, 11:40 AM
Replies: 78
Views: 21,134
Posted By SMCJB
Not futures specific but interesting...

Not futures specific but interesting read/discussion on Gold, Silver & the Miners...

Bytetree :- Gold Miners versus Silver
https://www.bytetree.com/research/2024/03/gold-miners-versus-silver/
Forum: Commodities December 4th, 2023, 12:47 PM
Replies: 78
Views: 21,134
Posted By SMCJB
GCG4 was up over 32c on Friday as well. So Sunday...

GCG4 was up over 32c on Friday as well. So Sunday highs were almost a $1 over Friday lows. Even with the complete reversal today, today's low still well above last weeks low and the one week change...
Forum: Commodities December 4th, 2023, 10:43 AM
Replies: 78
Views: 21,134
Posted By SMCJB
So last night (Sunday 3rd Dec'23) Gold opens and...

So last night (Sunday 3rd Dec'23) Gold opens and immediately rallies 60c/oz and sets new ALL TIME HIGH PRICES (approx %2150/oz) for gold not just this futures contract. Here we are 2 hours into the...
Forum: Commodities February 22nd, 2023, 08:01 AM
Replies: 78
Views: 21,134
Posted By SMCJB
From your post in the Crude thread

From your post in the Crude thread
Forum: Commodities March 7th, 2022, 03:22 PM
Replies: 78
Views: 21,134
Posted By SMCJB
CME (or COMEX) email.... Effective...

CME (or COMEX) email....

Effective immediately, Commodity Exchange, Inc. (“COMEX”) has suspended the approved status for warranting and delivery of the following brands of gold and silver until...
Forum: Commodities December 13th, 2021, 03:27 PM
Replies: 78
Views: 21,134
Posted By SMCJB
I'm guessing with the sucess of CME's Micro Gold...

I'm guessing with the sucess of CME's Micro Gold & Silver the liquidity in these contracts has dried up (I don't trade them but did get the ICE notification) but here's the official announcement they...
Forum: Commodities February 1st, 2021, 05:37 PM
Replies: 78
Views: 21,134
Posted By SMCJB
CME Gold Margins going up 10% effective Feb 2nd...

CME Gold Margins going up 10% effective Feb 2nd from $11k to $12.1k. Non-member margins probably 110% of this.
Forum: Commodities November 28th, 2020, 09:57 AM
Replies: 78
Views: 21,134
Posted By SMCJB
Financials (HMUZ) I get. No need for more...

Financials (HMUZ) I get. No need for more granularity than that.

Grains I understand that its obviously seasonal and lines up with production. Need grain in June well its just May plus Storage. In...
Forum: Commodities November 26th, 2020, 10:51 AM
Replies: 78
Views: 21,134
Posted By SMCJB
Being an energy trader where they list every...

Being an energy trader where they list every month I've always found the listed/active months strange in some commodities. Silver is different again. HKNUZ.
Forum: Commodities November 24th, 2020, 12:17 PM
Replies: 78
Views: 21,134
Posted By SMCJB
The Dec contract doesn't expire until 29-Dec but...

The Dec contract doesn't expire until 29-Dec but first delivery day is 27-Nov. So if you have a Dec position after 27-Nov you could be required to make or take delivery. Hence why anybody who doesn't...
Forum: Commodities November 24th, 2020, 11:40 AM
Replies: 78
Views: 21,134
Posted By SMCJB
Not sure about TD specifically but when people...

Not sure about TD specifically but when people stop trading Dec20, the most liquid contract will be Feb21. Today Dec has already traded 300k contracts, and Feb has traded 100K. No other month has...
Forum: Commodities October 18th, 2020, 02:59 PM
Replies: 78
Views: 21,134
Posted By SMCJB
The more money central banks print, the more...

The more money central banks print, the more attractive gold becomes. IMO if gold is going to see the prices many are now talking about it won't be because retail demand it will be because...
Forum: Commodities July 21st, 2020, 11:12 AM
Replies: 78
Views: 21,134
Posted By SMCJB
UC Trading Maybe you should start a journal.

UC Trading Maybe you should start a journal.
Forum: Commodities June 30th, 2020, 05:35 PM
Replies: 78
Views: 21,134
Posted By SMCJB
Agree don't think it says anything about gold.

Agree don't think it says anything about gold.
Forum: Commodities June 30th, 2020, 11:03 AM
Replies: 78
Views: 21,134
Posted By SMCJB
Fake Gold !! ...

Fake Gold !!

https://asia.nikkei.com/Spotlight/Caixin/Mystery-of-2bn-of-loans-backed-by-fake-gold-in-China

More than a dozen Chinese financial institutions, mainly trust companies, loaned 20...
Forum: Commodities April 14th, 2020, 11:29 AM
Replies: 78
Views: 21,134
Posted By SMCJB
And after last months 'Gold Delivery Rumors' we...

And after last months 'Gold Delivery Rumors' we now have this...

Gold Market Update

Spot Month Position Limits to Increase for Gold Futures

Effective at the close of trading May 28, 2020 for...
Forum: Commodities April 13th, 2020, 05:24 PM
Replies: 78
Views: 21,134
Posted By SMCJB
Margin rates for Gold going up effective April...

Margin rates for Gold going up effective April 14th.
Initial (Maintenance) Margin increases from 9185 (8350) to 10065 (9150)
...
Forum: Commodities April 8th, 2020, 10:43 AM
Replies: 78
Views: 21,134
Posted By SMCJB
"Cash maybe Trash" (especially in an inflationary...

"Cash maybe Trash" (especially in an inflationary period) but "Liquidity is King". Difficult balancing the two. Right now I have a lot of cash hoping that there will be more bargains for those that...
Forum: Commodities April 3rd, 2020, 11:50 PM
Replies: 78
Views: 21,134
Posted By SMCJB
You were heading in the wrong direction. All I...

You were heading in the wrong direction. All I did was point that out. You were a strong enough person to realize that and to change your ways. All the work was done by you.
Forum: Commodities April 1st, 2020, 11:52 PM
Replies: 78
Views: 21,134
Posted By SMCJB
My wife thinks I should write a book. I tell her...

My wife thinks I should write a book. I tell her nobody would read it!

I don't understand it either - I don't regularly trade Gold - but I do find all the stories interesting. Who knows which are...
Forum: Commodities April 1st, 2020, 05:59 PM
Replies: 78
Views: 21,134
Posted By SMCJB
1/. We went through this once before nobody...

1/.
We went through this once before nobody has any interest in watching an old guy stare at spreadsheets! No sexy charts and random line theory going on here! Just massive boring spreadsheets!
...
Forum: Commodities March 27th, 2020, 12:04 PM
Replies: 78
Views: 21,134
Posted By SMCJB
SER-8575: Initial Listing of the Gold (Enhanced...

SER-8575: Initial Listing of the Gold (Enhanced Delivery) Futures
https://www.cmegroup.com/content/dam/cmegroup/notices/ser/2020/03/SER-8575.pdf

I think the key component to this is that delivery...
Forum: Commodities March 26th, 2020, 09:39 AM
Replies: 78
Views: 21,134
Posted By SMCJB
Comex Gold Futures are currently trading at a...

Comex Gold Futures are currently trading at a significant premium (almost $100/oz) to the spot Gold Market. Rumor is there's a supply squeeze going on with all the (especially Swiss) Gold refiners...
Showing results 1 to 24 of 24

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