Peter's Blog

A More Accurate CPI: Up .97% MoM and 7.1% YoY

The CPI data for September came in hotter than expected at 0.4%. That pushed the yearly gain to 5.4%. But an honest CPI calculation would come in even hotter. I am doing something different this month. In past reviews of the CPI, I typically take the BLS data and recalculate the values to get a more […]

Delivery Results: Silver Down and Gold Mixed

As we move into October, physical silver delivery is down on Comex while gold was a mixed bag. This analysis focuses on gold and silver physical delivery on the Comex. See the article What is the Comex for more detail.

Comex Countdown: Will Gold Lead Silver Higher?

This analysis focuses on gold and silver physical delivery on the Comex as we move from September into October. See the article What is the Comex for more detail.

Gold and Silver Both Drain from Comex Inventory

Gold and silver have both significantly drained from the Comex inventory since August 1. This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock data at the Comex to show the physical movement of metal […]

Delivery Results: Gold and Silver Both Underwhelm

This analysis focuses on gold and silver physical delivery on the Comex. See the article What is the Comex for more detail. Delivery for both gold and silver was underwhelming.

September 21 Comex Delivery Countdown: Gold Shows Life, Silver Mixed

This analysis focuses on gold and silver physical delivery on the Comex set for September 21, 2021. See the article What is the Comex for more detail.

Aug 2021 Technical Analysis: Gold & Silver Bullish or Bearish?

The price of gold and silver can be driven by many variables both technical and fundamental. Fundamental drivers include Fed meetings/speeches, its balance sheet, inflation data, jobs numbers, market risk appetite, etc. This analysis examines some of the more technical factors driving prices (e.g. Comex OI, Miners price action, technical price action). The CFCT Cots report can […]

Comex Inventory Aug: Gold Slowly Drains But Silver Surges

This analysis focuses on gold and silver within the Comex/CME futures exchange. See the article What is the Comex? for more detail. The charts and tables below specifically analyze the physical stock data at the Comex. This is different than the delivery countdown that looks to see how many contracts will stand for delivery each month. Instead, it shows […]

Comex Delivery Results: August 2021 Contract

This analysis focuses on gold and silver data provided by the Comex/CME Group. The Comex (or CME Group) is a global derivatives market that allows for trading in futures contracts. They allow two parties (a long and a short) to speculate or hedge in specific commodity markets and guarantee the transaction in the process. The majority […]

Comex Delivery Countdown: Mid-July Update

This analysis focuses on gold and silver data provided by the Comex/CME Group. See the article What is the Comex for more detail. Silver: Recent Delivery Month First Position Day is when contracts must post 100% margin to stand for delivery. Once delivery begins, contracts can settle in cash, or more contracts can be opened […]