Trader Dan's Market Views

Market Insights and News

Thursday, December 12, 2013

GLD continues dishoarding gold; Western investment demand remains weak

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One look at the following chart pretty much tells the tale of gold demand in the West. It continues to sink and as it does, so does the gold...
10 comments:

Is it a See-Saw or is it a Yo-Yo

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When it comes to gold and silver of late, just pick either one. After the big move higher early this week, gold has now surrendered all of i...
12 comments:

Corn hit by Ethanol Bill; Grains Lower

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The big market mover in the grain complex today was news that a Senate Bill which has a group of Senators pushing it, would do away with the...
17 comments:

Gold Miners taking it on the Chin once again

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There is news this morning that IAM GOLD has completely suspended its dividend. Unlike Barrick and Newmont, which both REDUCED their dividen...
26 comments:
Wednesday, December 11, 2013

Gold and Silver Decline yields a Victim

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There is a devastating story that came down the Dow Jones wire feed today detailing the woes of Eric Sprott and the impact of the consequent...
25 comments:

Gold seeing some Dip Buying; Sellers digging in

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After the strong performance yesterday, gold appears to be taking a bit of a breather as traders digest the recent move and evaluate where t...
31 comments:
Tuesday, December 10, 2013

Gold Mining Shares having a Strong Day

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Barclays, in one of their research notes today, named Goldcorp as one of their top picks for 2014. They cited an expected increase in gold p...
23 comments:

Grain Day

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Lots of fireworks occurring in the grains today on the heels of a major USDA report. Currently all of the grains ( I am including beans in t...
5 comments:
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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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