Trader Dan's Market Views

Market Insights and News

Wednesday, May 21, 2014

GLD Holdings Continue Falling

›
Here is an updated chart of the reported gold holdings of the large gold ETF, GLD. Holdings are currently at 776.89 tons, down 3.3 from ye...
17 comments:

FOMC Minutes Day

›
Today was the day on which we get the release of the minutes from the April FOMC meeting. Traders were not expecting much out of these that ...
17 comments:
Tuesday, May 20, 2014

Gold Holds Support; Constricts Further

›
There was some news today dealing with gold demand from out of China, now the world's largest gold consumer, and it was not particularly...
73 comments:
Saturday, May 17, 2014

Mining Shares Looking for Friends

›
Here is the weekly price chart of the HUI. It did not end the week on an encouraging note, with the close being the lowest since the week of...
76 comments:

Go and See "Godzilla" and have some Fun

›
For an escape last evening I took the kids to see the movie, "Godzilla". As a kid growing up watching the monster both terrorizing...
1 comment:
Friday, May 16, 2014

USDA gets with the Trend

›
Many of you have been reading about the increasing number of government agencies developing their own SWAT teams. USDA seems to be getting w...
24 comments:
Thursday, May 15, 2014

CME Lowers Gold and Silver Margin Requirements

›
In a move that is sure to raise the ire of the GIAMATT crowd, ( insert sarcasm here ), the CME announced a reduction in margin rates for gol...
14 comments:

Risk Aversion sends Global Equity Markets lower, Bonds higher

›
One never knows what the markets are going to focus on any given day ( which is the reason this never gets boring) but today seemed to be on...
6 comments:
‹
›
Home
View web version

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.
View my complete profile
Powered by Blogger.