Commodities, metals & energy market updates
Short updates on commodities and commodity markets, including precious metals, industrial metals (e.g. copper), energy (oil/crude, nuclear/uranium, power/electricity themes) and agriculture — plus miners, producers and supply/demand dynamics.
all of this very bullish for gold & other commodities
it's not just gold & silver - you may have seen the recent appreciation of platinum
those commodities have still have price to catch up on & that has been signaled by their volatility
gold up 40% on the year isn't normal
so today it may not be wise to assume that the FED will hike interest rates into double digits to lower the CPI/inflation
rather - the interest rates are headed down, bc of challenge in refinancing debt
that's what I meant by focusing on historical patterns from this century
As expected - 3 months was all that crude oil needed to spike back up
Other commodities like gold, silver & others are up since as well
CME publishes daily data on physical settlement on gold futures
The problem is that it's PDFs with numbers
Some interesting alpha factors can be extracted from this 💡
Maybe making a website to visualize, interpret & combine that data would be useful 👀
PHYSICAL GOLD RUSH
It's not just Central Banks anymore
In the first 4 days of April 2025, over 52K COMEX 100 Gold Futures contracts have been requested for physical delivery
Only 4 days in & it's already x2 of January interest
Physical gold in high demand
Silver Physcial Delivery Demand HIGH
CME's COMEX & NYMEX Metal Delivery Notices show a MASSIVE demand for physical silver
16.1K futures contract for delivery/physical settlement, up x3 from a year ago
A.K.A. tariffs effect on silver
Investors are HOARDING silver
