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By Ross Norman |
April 18, 2013
Rarely has the gold market seen such a clear split, with the paper traders heading south while the physical heads north. The former has the advantage of leverage (via the futures) while the latter has scale.
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By Ross Norman |
April 15, 2013
The gold futures markets opened in New York on Friday, April 12 to a monumental 3.4 million ounces (100 tonnes) of gold selling of the June futures contract in what proved to be only an opening shot.
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By Ross Norman |
January 14, 2013
We see the long term gold bull run remaining very much intact, but the conviction and patience of gold investors may be tested in 2013. In essence, we see 2013 looking surprisingly like 2012.
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By Ross Norman |
December 4, 2012
Gold received another body blow in mid-Asian trading hours that saw spot prices dip briefly below $1,700 before finding support at the technically important $1,705 level. So what the heck is going on here?
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By Ross Norman |
November 29, 2012
There has been much speculation about the causes of the 24 tonne gold sale on COMEX yesterday, but closer inspection provides some clues... and more importantly what it tells us about the market outlook for 2013.
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By Ross Norman |
November 28, 2012
Gold saw a massive 24-ton sell order (7,800 contracts) at 08:20 a.m. New York time
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By Ross Norman |
September 24, 2012
2012, like 2004 and 2008, ALWAYS was going to be a relatively modest year for gold and silver. Modest, that is, within the context of a run rate of a 17% year-on-year increase that we have seen for 12 years.
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By Ross Norman |
May 29, 2012
The Basel Committee for Bank Supervision is meeting to consider making gold a Tier 1 asset for commercial banks with 100% weighting rather than a Tier 3 asset with just a 50% risk weighting as it does today.
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By Ross Norman |
May 8, 2012
Gold has been on an extended vacation for a few months and its performance has been lackluster. Witness the decline in Comex open interest and the lack of momentum in the charts.
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By Ross Norman |
April 25, 2012
Gold saw tsunami's of physical gold demand in Europe in 2008 and 2010 when the availability of anything below a 400 oz. gold bar (worth $660,000) was simply not to be found for a several months.
