Trader Dan

Articles by Trader Dan

Time to revisit the “play toy of the funds”, aka, silver.

On Thursday of this past week, silver managed to claw its way back above its down trending 10 day moving average, a positive sign. However, ahead of an often unpredictable...
As I have been noting of late, both gold and silver have been trapped in sideways trading patterns for some time now, meaning that there really has not been a whole lot worth saying about the price action in either metal.

That MIGHT...
Let’s start this off with a broad overall look at the various players in the silver market.



The gigantic war continues unabated. Hedge funds keeping pile in on the long side while Commercials and Swap Dealers keep selling them all...
Let’s start with the overall NET POSITIONS chart:



As you can see the Battle Royale between the titans of the Silver pit, aka, the Hedge funds versus the Swap Dealers  and Commercials) continues unabated.

Once again another...
The big Pow-Pow taking place in Japan with the G7 (Group of Seven) finance ministers yielded what most of us already expected – no agreement whatsoever.

I found Japanese Finance Minister Taro Aso’s remarks quite revealing. His view is...
By that I mean, it just keeps getting scarier and scarier.

My guess is that every speculator on the planet is long silver/short gold or outright long silver.

That, of course, is an exaggeration…but I am not exaggerating when I...
Ah yes, the silver manipulation crowd is ecstatic this AM as they gleefully point to news that Deutsche Bank has agreed to settle in a class action lawsuit, which claimed that it, along with several other large banks, had been rigging the...
This morning’s Durables Goods report underscored just how moribund economic growth in the US remains.

Additionally we learn that US business investment remains lackluster at best.

While Central Banks are spiking the punch bowl, it...
Silver finally managed to push through its upside resistance just above the $14.50 level this week and attracted some additional upside follow through as the US Dollar weakness brought on the macro trade ( Dollar down – BUY commodities)....
I am becoming increasingly concerned over the flattening yield curve. This curve enables us to get a firsthand view of sentiment towards economic growth among bond investors and other large players in the interest rate markets, some of...

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Spanish Conquistadores invaded the Inca Empire in 1528 to steal their silver and gold.

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