Futures market

Tyler Durden's picture

After Arresting Hundreds Of Stock Traders, China Cracks Down On "Malicious" Metals Sellers Next

The China Nonferrous Metals Industry Association has submitted a request to Chinese regulators to probe "malicious" short-selling in domestic metal contracts amid recent price declines. Becase it is always the "malicious" sellers who are the cause of all the world's problems, never the "malicious" buyers, especially when said buyers are the central banks themselves.

Monetary Metals's picture

Another Look at the Gold Price Drop of 6 November

Our previous look at Nov 6 compared spot and futuresThis time, let’s look at gold futures and GLD.

Tyler Durden's picture

Argentina Throws Out The Peronists In "Historic" Presidential Election

"Today is a historic day. It’s the changing of an era. We can live in an Argentina without poverty, where we can all aspire to have our own homes with running water and a sewage system." 

"The question is whether this is going to be something like the rebirth of Argentina or another failed dream that people get excited about, but then they can’t overcome the challenges.”

GoldCore's picture

U.S. Mint Sales of Gold Coins Fall In October After 234% Surge in Q3

Editor’s Note: Last week gold price fell to 5 year lows and weakness again saw canny buyers accumulate on the dip. Sales of U.S. Mint gold coins jumped the most in nearly three months. The 2015 $10 American Gold Eagles actually sold out.

Monetary Metals's picture

Gold Price Drop of 6 Nov: Drilling Down

The cobasis briefly peaked around 11% (from around 0.5% previously).

Tyler Durden's picture

Paul Craig Roberts Rages At "Another Phony Jobs Number"

If the US economy were actually in economic recovery, would half of the 25-year-old population be living with parents? The real job situation is so poor that young people are unable to form households.

Tyler Durden's picture

Futures Market Halted After "Violent" Treasury Reaction To Jobs Beat

"The most liquid capital markets in the world," were halted for 5 seconds this morning as "great news" on surging jobs sent bond markets into turmoil...

Tyler Durden's picture

Frontrunning: November 3

  • S&P 500 Futures Slip as Aussie Gains on Rate Outlook; Oil Rises (BBG)
  • Xi Says China Needs at Least 6.5% Growth in Next Five Years (BBG)
  • Ben Carson Vaults to Lead in Latest Journal/NBC Poll (WSJ)
  • World's Biggest Banks Still Not `Truly Resolvable,' FSB Says (BBG)
  • Keystone XL's builder faced darkening prospects (Reuters)
  • Merkel Says Germany Must Step Up World Role in Refugee Crisis (BBG)
Sprott Money's picture

The Cost of Physical Gold vs. Futures

If you’re sophisticated and have a bit of luck, you could end holding your gold exposure at zero or even make a profit.

Tyler Durden's picture

Voices From The Real World - The 8 Biggest Questions On Investors' Minds

"Real investors" are simultaneously nervous and hopeful, confident yet resigned. Yes, their basic belief in equities as an investment class is sound and supported by the last five years of good performance. At the same time, they understand the nuances of the bear case extremely well and are prepared for a long slog of lower returns.

Tyler Durden's picture

How The Entire Short Volatility ETF Complex Could Be Wiped Out Overnight

The recent bi-polar behavior in spot-VIX empirically supports the theory that a structural weakness now exists in this market by crowding of short volatility players. Short volatility sellers ridicule the fact that the prospectus for the iPath Long Volatility ST Index (VXX) clearly states that the ETF has an expected long-term return of zero. They should ask themselves, is it better to know with certainty you are going to go bankrupt slowly, or be completely ignorant of the fact you will go bankrupt suddenly.

Sprott Money's picture

Confusing Inevitable with Imminent

In the early 2000’s, I began to advise friends and associates that much of the world would likely be entering a depression before the decade was out.

Tyler Durden's picture

Futures Surge As ECB Bankers Resort To Verbal Intervention, Suggest More QE Needed

Aside from Chinese monetary data, it was a relatively quiet session in which traders were focusing on every move in the suddenly tumbling USD, and parsing every phrase by central bankers around the globe, as well as the previously noted piece by Fed mouthpiece Jon Hilsenrath which effectively ended the debate whether there will be rate hikes in 2015. Adding to the overnight froth were ECB speakers first Ewald Nowotny and then Spain's Restoy, who said that euro-area core inflation "clearly" below goal, remarks which were immediately assumed to signal increasing pressure to boost stimulus, and which promptly translated into even more weakness in EUR and equity strength, pushing US futures up about 15 points from yesterday's close.

Tyler Durden's picture

World's Largest Leveraged ETF Halts Orders, Citing "Liquidity Constraints"

First The Bank of Japan destroyed the Japanese bond market, and then, back in May we warned that The Bank of Japan had 'broken' the stock market. Now, it appears the all too obvious consequences of being the sole provider of buying power in an antirely false market are coming home to roost as Nomura reports the "temporary suspension" of new orders for 3 leveraged ETFs - the largest in the world - citing "liquidity of the underlying Nikkei 225 futures market."

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