SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: lorne who wrote (72188)6/22/2001 2:34:23 PM
From: IngotWeTrust  Read Replies (4) | Respond to of 116753
 
Gold leasing insiders read this AM: eoni.com

This is posted under the Fair Use Doctrine for Educational Purposes only provision
of the copyright laws of the United States.

From the daily precious metals report put up by UBS Warburg this morning.

Make note of the easy to read format where
the spec and commercial net positions are broken out (where the little guy has to
wait for the "regular public release of the Commitment of Traders Report aka COT)
the leasing implied volatility info (this is a biggie if you plan to make $$ using gold
options in any combination),
XAUAUD info,
etc.

It is my experienced opinion that all of these components are EASILY AVAILABLE
to the professional trading desks daily but are damn near impossible for the "speculator"
especially the LITTLE GOLD SPECULATOR to get ahold of so that they can be on
the side of "big money" or at least make the volitional choice to be on the OPPOSITE
side of "big money" --on purpose that is.

As a former licensed commodity broker, I can tell you without a doubt, that the
most important trade of the day in commodity markets, BAR NONE, is the OPENING
TRADE, regardless of how the market closes. This axiom includes the commodity
known as gold.

Print this out. Study this. Ask questions of someone you know and trust if there's
something there you don't understand.

FWIW, there is similar information further down on the page that covers silver, platinum
and palladium as well.

A very important read, even AFTER the pivotal morning "opening trade" for those who
want to follow the big $$ and perhaps responde with forming appropriate "delayed
trading" strategies.

Oh, for a level playing field.

gold_tutor