Trader Dan's Market Views

Market Insights and News

Friday, June 17, 2011

CME Group lowers margin requirements for Gold futures

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As of the close of business this coming Monday, CME Group has lowered the margin requirement for its gold contract from $6,751 to $6,075 per...
9 comments:

HUI - Gold ratio reflects the return of a deflationary mindset

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If one examines the ratio of the HUI/Gold you can determine whether or not a deflationary mindset or psychology is prevalent among investors...
6 comments:

Gold holding relatively firm as its Safe Haven status comes to the forefront

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With all the volatility in the markets attempting to decipher defined trends from short term price action has become a fool's game. Mark...
11 comments:
Thursday, June 16, 2011

HUI at a crossroads

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I do not need to point out to the readers the abysmal performance of the mining shares. The hedge fund ratio spread trade has destroyed thei...
8 comments:

Gold very strong in terms of the Euro

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Investors fears concerning the nation of Greece with a potential for default on its bonds has kept a very firm bid beneath the price of Gold...
18 comments:
Wednesday, June 15, 2011

XAU trying to hold support

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7 comments:

European sovereign debt woes erupting once again

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Growing fears of a Greek government debt default have sent the Euro plummeting in today's trading session. It has also fueled a mad rush...
2 comments:
Tuesday, June 14, 2011

Crude Oil mired in a sideways rut

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About Me

Trader Dan
Dan Norcini is a professional off-the-floor commodities trader bringing more than 20 years experience in the markets to provide a trader’s insight and commentary on the day’s price action. His editorial contributions and supporting technical analysis charts cover a broad range of tradable entities including the precious metals and foreign exchange markets as well as the broader commodity world. He is a frequent contributor to both Reuters and Dow Jones as a market analyst for the livestock sector and can be on occasion be found as a source in the Wall Street Journal’s commodities section as well as CBS Marketwatch where his views on the gold market can often be found. He is also an avid beekeeper.
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