Peter's Blog

Is the Comex Showing an Impending Price Spike in Silver?

The Comex report last month showed a lot of strength in gold which directly preceded a massive up move for the price of gold. The data is looking similar in silver this month!

Is Someone About to Stress the Comex

The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more details on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.).

Comex Delivery Volumes Reach Highest Levels in Months

The CME Comex is the Exchange where futures are traded for gold, silver, and other commodities. The CME also allows futures buyers to turn their contracts into physical metal through delivery. You can find more details on the CME here (e.g., vault types, major/minor months, delivery explanation, historical data, etc.).

All That Glitters: The When, Why, and How of Platinum Investing

While it doesn’t approach having the same wealth-protecting power of gold or silver, platinum is a precious metal that just never quite gets the love it deserves. Practically speaking, other than jewelry, platinum is best known as a crucial element for catalytic converters for cars. But it’s also used in manufacturing everything from jet engines […]

War Wakes Gold Up

This week, a firmer trend in gold continued as markets realized the seriousness of the deteriorating situation in the Middle East.

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 […]

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.

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 […]

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.

Comex Delivery Countdown: June Shows Promise

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