Skip to main content

Hello, Log in or Sign up

Peter's Blog

Get the latest headlines, market analysis, and original content from SchiffGold.

Posts Tagged: “COMEX“

Search Peter's Blog

September 1, 2023 Market Brief

Healthy Consolidation

In the last few days, gold and silver have paused their earlier rises. In the case of silver, these have been substantial, as shown in our headline chart. In gold, less so; but it does appear that silver is leading both metals higher. In European trade Friday morning, gold was $1944, up $39 on the […]

June 25, 2023 Exploring Finance

Comex Countdown: The Pressure Grows in Silver and Platinum

June is wrapping up strong for gold at the COMEX with 20,101 contracts being delivered. There are still 583 contracts open that have not been delivered, but the majority of the contracts have been completed. Meanwhile, were seeing more and more stress on silver and platinum.

June 21, 2023 Exploring Finance

Comex Now Has 28 Paper Claims for Each Physical Ounce of Registered Silver

The bleed of metal from COMEX vaults has resumed and silver inventories have hit record lows with 28 paper claims for each ounce of physical silver. 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 […]

June 2, 2023 Exploring Finance

Gold Has Record Number of Contracts Cash Settle to Start June Delivery

As expected, gold has turned in a fairly strong start to the month on the COMEX. It’s below April but is still early in the contract.

May 25, 2023 Exploring Finance

Comex Delivery Countdown: June Shows Promise

Gold is wrapping up May which has slightly exceeded the last minor month in March.

May 21, 2023 Exploring Finance

Comex Increase in Inventories Does Little to Move the Needle

Banks have restocked gold recently, but with the massive drawdown in inventories over the last year, the recent increase has done little to actually replenish those supplies. 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 […]

May 5, 2023 Exploring Finance

Gold Contracts for Immediate Delivery Explode Higher

In 5 days, the COMEX has seen 4,190 contracts open and stand for immediate delivery. This is the strongest start to a month going back at least 2 years, which includes the start of the war in Ukraine and the February 2021 Reddit silver squeeze.

April 28, 2023 Exploring Finance

Silver Sees Record Number of Contracts Close in Final Day

Silver has seen a relatively weak delivery to start the action in May. While this could be considered disappointing to some who were looking for fireworks, a look beneath the surface shows that all is not well.

April 25, 2023 Exploring Finance

Comex Update: Silver Shorts Could Be in Trouble

Silver delivery from the COMEX was low in April, but there is more to the story. 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/inventory data at the Comex to show the physical movement […]

March 31, 2023 Exploring Finance

Comex Reins in Platinum but Sees Gold Deliveries Rise

Gold has been seeing a large number of contracts roll in the final day of the contract. That did not happen this month. This has resulted in a large delivery volume.