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Sam Gaer's career spans several major shifts in market structure — from the open-outcry pits of COMEX to high-frequency trading and now crypto derivatives. Sam began his career as a teenage runner on the COMEX floor during the gold boom of the early 1980s before becoming a copper pit trader himself. While most traders relied purely on instinct, Sam was already experimenting with technology — building early pricing tools that helped identify inefficiencies in spread markets. His path eventually led beyond the trading floor into exchange technology and market infrastructure, including building trading software that was later acquired by the New York Mercantile Exchange. In recent years, Sam has focused on crypto markets, where he applies traditional derivatives frameworks to volatility, options, and digital asset trading. In this episode, Sam shares insights from decades of experience across multiple market regimes and discusses how trading edge evolves as markets and technology continue to change. In this episode, we explore: · Getting introduced to markets as a teenager · Life inside the COMEX copper trading pits · Early use of computers to price commodity spreads · Inefficiencies in open-outcry markets · Building exchange technology and selling Trading Gear to NYMEX · The transition from pit trading to electronic markets · Market structure lessons from traditional derivatives markets · Why Sam shifted his focus to crypto markets · Opportunities in crypto options and derivatives · Convexity, volatility, and institutional trading frameworks in digital assets About the guest: Sam Gaer, Chief Investment Officer of the Directional Strategy at Monarq Asset Management, has more than three decades of experience across derivatives trading, exchange technology, and quantitative strategy development. He previously served as Chief Information Officer of the New York Mercantile Exchange (NYMEX), where he helped modernize the exchange's trading infrastructure. Earlier in his career, he was a floor trader on the COMEX commodities exchange and later founded Trading Gear, a technology firm whose trading software was acquired by NYMEX. Sam has also launched and managed quantitative trading strategies focused on derivatives and volatility markets, and today works on institutional trading approaches within digital asset markets. Links + Resources: · Website: https://www.monarq-am.com · Email: investors@monarq-am.com Sponsor of Chat With Traders Podcast: Trade The Pool: http://www.tradethepool.com Time Stamps: Please note: Exact times will vary depending on current ads. 00:00 Intro and Background 01:48 Early career: COMEX runner to copper pit trader06:40 Programming background and early trading automation16:19 TradingGear: pivot to exchange software and NYMEX sale / CIO role21:09 Trading style evolution: scalping to event-driven and electronic trading23:42 High frequency trading, FINRA experience and entrepreneurship25:09 Transition into crypto: Katana Financial and early crypto market making28:01 Crypto derivatives focus: options, convexity and strategies34:19 Recent crypto market decline: causes, liquidations and regulatory uncertainty39:51 Institutional adoption, ETFs (IBIT) and market-structure impacts42:57 Tokenization, real-world assets and digital asset treasuries (DATs) 56:17 Reflections on markets, challenges and use of AI 58:36 Closing remarks and contact information Trading Disclaimer: Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice. Learn more about your ad choices. Visit megaphone.fm/adchoices
Vince Lanci is the founder and Managing Partner of Echo Bay Partners, a firm focused on precious metals analysis, trading, and market insights. With over 30 years of experience in finance and commodities, he began his career as a market maker on the floors of the NYMEX, COMEX, and NYBOT exchanges, specializing in metals and options trading. He is a prominent commentator on gold and silver markets, often discussing topics like liquidity crises, short squeezes, BRICS developments, and shifts in global pricing.Nikolas Morianos is a Co-Founder, Managing Partner, and Director of Silver Gold Bull Inc. (SGB), one of Canada's largest precious metals dealers and a major North American online retailer with billions in bullion sold globally. We discuss the Silver market and the push to digitise gold. Tickets to Cornerstone Forum 26': https://www.showpass.com/cornerstone26/Silver Gold Bull Links:Website: https://silvergoldbull.ca/Email: SNP@silvergoldbull.comText Grahame: (587) 441-9100Bow Valley Credit UnionBitcoin: www.bowvalleycu.com/en/personal/investing-wealth/bitcoin-gatewayEmail: welcome@BowValleycu.com Get your voice heard: Text Shaun 587-217-8500
Vince Lanci started his career over two decades ago as a marketmaker on the floors of the NYMEX, COMEX, and NYBOT exchanges, where he specialized in trading commodities with a particular focus on energy options. In 2007, he founded Echobay Partners, a venture capital group dedicated to Exchange Vertical Investments. Currently, he holds the position of Managing Partner at Echobay Partners LLC, overseeing the strategic direction in trading and investment. Tickets to Cornerstone Forum 26': https://www.showpass.com/cornerstone26/Tickets to the Mashspiel:https://www.showpass.com/mashspiel/Silver Gold Bull Links:Website: https://silvergoldbull.ca/Email: SNP@silvergoldbull.comText Grahame: (587) 441-9100Bow Valley Credit UnionBitcoin: www.bowvalleycu.com/en/personal/investing-wealth/bitcoin-gatewayEmail: welcome@BowValleycu.com Prophet River Links:Website: store.prophetriver.com/Email: SNP@prophetriver.comUse the code “SNP” on all ordersGet your voice heard: Text Shaun 587-217-8500
A bullish long-term outlook for rising natural gas demand and pricing has partially mitigated the current deep concerns about the steep erosion of oil prices. However, short-term gas pricing has proven very volatile, as the near-month NYMEX price has yo-yoed dramatically in October and the Energy Information Administration recently cut its January forecast. In today's RBN blog, we present a new metric that calculates the gas price sensitivity of major U.S. producers.
Vince Lanci started his career over two decades ago as a marketmaker on the floors of the NYMEX, COMEX, and NYBOT exchanges, where he specialized in trading commodities with a particular focus on energy options. In 2007, he founded Echobay Partners, a venture capital group dedicated to Exchange Vertical Investments. Currently, he holds the position of Managing Partner at Echobay Partners LLC, overseeing the strategic direction in trading and investment. We discuss Gold, Canadian Dollar vs Euro and silver shortage. To watch the Full Cornerstone Forum: https://open.substack.com/pub/shaunnewmanpodcastGet your voice heard: Text Shaun 587-217-8500Silver Gold Bull Links:Website: https://silvergoldbull.ca/Email: SNP@silvergoldbull.comText Grahame: (587) 441-9100Bow Valley Credit UnionBitcoin: www.bowvalleycu.com/en/personal/investing-wealth/bitcoin-gatewayEmail: welcome@BowValleycu.com Use the code “SNP” on all ordersProphet River Links:Website: store.prophetriver.com/Email: SNP@prophetriver.com
Discord Channel: https://discord.gg/pqKsMKp6SA Today I'm joined by John Rowland, CMT of Barchart.com, a true market veteran with over 40 years of trading and investing experience. John brings a wealth of knowledge from his days on the trading floor at the NYMEX to his current role as a trusted market strategist. On this episode, we'll dive into the current movers in the markets, break down what's really driving price action, and discuss how traders can cut through the noise to spot high-probability opportunities. With his expertise in technical analysis, commodities, and market structure, John's insights are the kind you don't want to miss. #TraderMerlin #MarketUpdate #JohnRowland #Barchart #CMT #StockMarket #Futures #Commodities #TechnicalAnalysis #Investing #TradingPodcast Contact TraderMerlin: Email – TraderMerlin@gmail.com Follow TraderMerlin: Twitter: TraderMerlin - https://twitter.com/TraderMerlin IG: TraderMerlin - https://www.instagram.com/tradermerlin/ FB: TraderMerlin - https://www.facebook.com/TraderMerlin Live Daily Show: - https://www.youtube.com/channel/UCczw6L9MSllTvWDK1fNlLrg Trading Applications used: - Clik - TradeStation - Tradingview
Platinum is quietly entering one of the most critical supply squeezes we've seen in years—yet hardly anyone is talking about it. Inventories are vanishing, lease rates are exploding, and major players like China are scooping up what's left. If you're serious about understanding where precious metals are headed next, this is a story you can't afford to ignore. Listen to the full breakdown now before the market catches on. Platinum Market Squeeze: Platinum lease rates are soaring, signaling extremely tight physical supply globally. Inventories in London and Zurich are reportedly depleted, with NYMEX stocks down over 55% since April 2025. China's Platinum Demand: Despite claims to the contrary, China remains the top platinum consumer—driven by auto manufacturing, glass, and oil refining industries—and is likely absorbing Western inventories. Gold Price Surge on Political Rhetoric: Gold briefly spiked to $3,375 oz midweek after Donald Trump mentioned potentially firing Fed Chair Jerome Powell, before settling back to $3,350 oz. Gold to Silver Ratio Climbs: The ratio rose to 87 this week, with silver retreating slightly to $38.17 oz while gold strengthened—highlighting a potential opportunity for silver to catch up.
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.
In this long-form episode of the Mining Stock Daily podcast, host Trevor Hall interviews Josh Crumb, founder of Abaxx Technologies, a commodity exchange based in Singapore. They discuss Abaxx's recent launch of a gold exchange and its focus on physical delivery in contrast to the heavily financialized derivatives market. Crumb, a mining engineer and former Goldman Sachs associate, explains that Abaxx aims to bridge the gap between financial and physical commodity markets by building new, physically-settled futures platforms, drawing parallels to traditional exchanges like NYMEX. The conversation also touches upon the ongoing digitization of commodities, the role of blockchain technology, the impact of geopolitics on supply chains, and the development of carbon markets.This episode of Mining Stock Daily is brought to you by... Revival Gold is a pure gold, mine developer operating in the western United States. The Company is advancing the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho. Revival Gold is listed on the TSX Venture Exchange under the ticker symbol “RVG” and trades on the OTCQX Market under the ticker symbol “RVLGF”. Learn more about the company at revival-dash-gold.comVizsla Silver is focused on becoming one of the world's largest single-asset silver producers through the exploration and development of the 100% owned Panuco-Copala silver-gold district in Sinaloa, Mexico. The company consolidated this historic district in 2019 and has now completed over 325,000 meters of drilling. The company has the world's largest, undeveloped high-grade silver resource. Learn more at https://vizslasilvercorp.com/Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.https://www.calibremining.com/Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
Platinum and silver are heating up—are you paying attention? In this episode, we break down China's stunning platinum import numbers and the quiet supply crunch reshaping the precious metals landscape. Silver's surge is no fluke either, with industrial demand and retail momentum building fast. If you want to understand where the smart money is heading in 2025, you won't want to miss this. Download now and get ahead of the curve before the breakout becomes the headline. China's Platinum Buying Surges: In April 2025, China imported 11.5 metric tons (370,000 oz) of platinum—equivalent to 98% of the entire NYMEX platinum warehouse stock—signaling aggressive demand amid global supply deficits. Platinum Poised for Rerating: Platinum's rally above $1,100/oz may mark the sixth breakout from consolidation since the early 2000s. The metal remains undervalued relative to gold, especially with industrial, jewelry, and investment demand rising in Asia. Silver Fundamentals Strengthen via Solar Demand: China continues to expand solar infrastructure at record pace, bolstering industrial demand for silver and setting the stage for continued price strength.
My guest today is Daniel Dicker, a seasoned oil trader, former floor broker at the NYMEX, and well-known expert on energy markets. Over a three-decade career, Daniel has seen the full arc of oil's role in financial markets—from a bellwether commodity to a sidelined input. In this conversation, we explore why oil has fallen off the radar for many investors, and what signs might bring it roaring back. We also discuss why renewables aren't ready, how nuclear fits in, and the unexpected reasons he might start buying oil again. Please enjoy this conversation with Daniel Dicker. For the full show notes, transcript, and links to the best content to learn more, check out the episode page HERE. ----- Making Markets is a property of Colossus, LLC. For more episodes of Making Markets, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @makingmkts | @ericgoldenx Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to Making Markets (00:00:43) The Changing Role of Oil in the Economy (00:01:56) Financialization and Speculation in Oil Markets (00:04:55) Impact of Renewables and ESG on Oil (00:07:01) Government Policies and Oil Prices (00:14:45) Strategic Petroleum Reserve and Market Manipulation (00:17:38) Recession Risks and Corporate Earnings (00:23:35) Media Coverage of Commodities (00:24:36) Investment Strategies in Energy (00:25:19) Oil Market Dynamics and Bankruptcies (00:26:46) Buffett's Investment in Occidental (00:28:28) Renewable Energy and Carbon Capture (00:30:37) Nuclear Energy Investments (00:37:27) Geopolitics and Oil Supply (00:39:47) OPEC's Challenges and Strategies (00:42:46) Future of Oil Prices Learn more about your ad choices. Visit megaphone.fm/adchoices
Vince Lanci started his career over two decades ago as a marketmaker on the floors of the NYMEX, COMEX, and NYBOT exchanges, where he specialized in trading commodities with a particular focus on energy options. In 2007, he founded Echobay Partners, a venture capital group dedicated to Exchange Vertical Investments. Currently, he holds the position of Managing Partner at Echobay Partners LLC, overseeing the strategic direction in trading and investment. We discuss Gold, China/USA, generational change and movement in Silver. To watch the Full Cornerstone Forum: https://open.substack.com/pub/shaunnewmanpodcastGet your voice heard: Text Shaun 587-217-8500Silver Gold Bull Links:Website: https://silvergoldbull.ca/Email: SNP@silvergoldbull.comText Grahame: (587) 441-9100Bow Valley Credit UnionWebsite: www.BowValleycu.comEmail: welcome@BowValleycu.com Use the code “SNP” on all ordersProphet River Links:Website: store.prophetriver.com/Email: SNP@prophetriver.com
Tom Bodrovics welcomes John Johnston (JJ), a seasoned trader with over 47 years of experience and 30-Years on the Comex and Nymex. John expresses a bullish stance on gold, emphasizing its long-term potential despite near-term volatility. He acknowledges silver's struggles due to contango and high costs but remains optimistic about its eventual rebound. He also highlights his bullishness on bonds and the U.S. economy, crediting President Trump for fostering positive change and balance in the financial system. JJ's trading strategy revolves around technical indicators like the slow stochastic oscillator and Wells Wilder's directional movement indicator, which he applies across various markets. He stresses the importance of position sizing, risk management, and understanding one's limitations as critical components of successful trading. The conversation delves into broader economic themes, including Trump's policies on taxation, tariffs, and antitrust measures, which JJ believes could redistribute wealth more equitably. He also touches on risks such as geopolitical tensions and potential recessions but remains optimistic about the administration's ability to navigate these challenges. John critiques the Federal Reserve's dual mandate, arguing it should prioritize protecting the dollar and banking system. He reflects on the historical significance of current events, likening them to pivotal moments in American history that will shape the nation's future. Time Stamp References:0:00 - Introduction0:57 - Current Market Thoughts3:30 - Comex Experience11:23 - Gold Bull & Sentiment15:00 - Crude / Gold Ratio24:46 - Trump Policies & Risks34:48 - Silver Scenarios39:50 - Manipulation & Metals?43:20 - Vault Audits & Tungsten47:16 - Powell Challenges53:12 - Concluding Thoughts55:25 - Wrap Up Guest LinksSubstack: https://jj745.substack.comX: https://x.com/Alyosha745 John Johnston (JJ) is a veteran trader for 47-years with 30-years experience with the Comex and NYMEX. Known for his expertise in energy, gold, and silver, his views are old school pit wisdom with decades of technical evolution, and a somewhat literate overview of history and maket-lore. He writes about market trends and insights on the Market Vibes Substack. He says, "As a writer, I never try to be right. I try to be honest. I never want a reader to think what I think. I want the reader to know what I know."
Vince Lanci started his career over two decades ago as a marketmaker on the floors of the NYMEX, COMEX, and NYBOT exchanges, where he specialized in trading commodities with a particular focus on energy options. In 2007, he founded Echobay Partners, a venture capital group dedicated to Exchange Vertical investments. Currently, he holds the position of Managing Partner at Echobay Partners LLC, overseeing the strategic direction in trading and investment.Nikolas Morianos is a Managing Partner at Silver Gold Bull Inc., a leading Canadian e-commerce precious metals retailer established in 2009. As a Managing Partner, he is part of the executive team that has helped grow Silver Gold Bull into one of the largest gold retailers in the world.We discuss Trump's tariffs, the state of Canada and gold vs dollars.Cornerstone Forum ‘25https://www.showpass.com/cornerstone25/Contribute to the new SNP StudioE-transfer here: shaunnewmanpodcast@gmail.comGet your voice heard: Text Shaun 587-217-8500Substack:https://open.substack.com/pub/shaunnewmanpodcastSilver Gold Bull Links:Website: https://silvergoldbull.ca/Email: SNP@silvergoldbull.comText Grahame: (587) 441-9100
In this special episode, we sit down with John Rowland a Chartered Market Technician (CMT) and seasoned professional trader with years of experience on the NYMEX, to discuss his 2025 market outlook. From broad markets to oil, gas, and commodities, John brings unparalleled expertise to help you navigate the year ahead.
This week, we kick off our new series The State of Play in Battery Metals with Dan McElduff, President at Abaxx Exchange. David Greely sits down with Dan to discuss the evolving commercial needs of the battery metals markets – and how Abaxx is applying the approach Dan learned at the NYMEX to design and launch physically deliverable futures contracts for nickel sulfate and lithium carbonate.
Diversified Energy Company PLC CEO Rusty Hutson Jr. joined Steve Darling from Proactive to discuss the company's latest milestone—signing a major supply agreement with a prominent Gulf Coast LNG facility. Under this new three-year contract, starting in November 2024, Diversified will provide approximately 40 billion cubic feet (Bcf) of natural gas, using a fixed pricing structure indexed to Gulf Coast prices. Hutson emphasized the significance of this agreement, which supports global energy security at a time when trading partners are grappling with supply disruptions, geopolitical tensions, and rising regional demands. The contract underscores Diversified Energy's reliability in natural gas production and operational efficiency, while offering the company another avenue to boost margins and ensure stable cash flows. Furthermore, Hutson noted that the company has strategically capitalized on the recent strength of natural gas prices to expand its hedge portfolio for 2025 through 2027, with an average NYMEX hedge price of approximately $3.45 per MMBtu. This proactive approach ensures steady pricing and enhances the company's long-term financial performance, positioning it to navigate future market conditions effectively. #proactiveinvestors #diversifiedenergycompanyplc #lse #dec 3nyse #dec #LNGSupply #NaturalGas #EnergyMarket #RustyHutson #ProactiveInvestors #EnergyDeals #GulfCoastEnergy #LNGExport #GlobalGasSupply#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
In this episode, host Bill Kelly welcomes Nell Mackenzie, a financial journalist with a diverse background, including a 20-year career as a professional actress and time spent trading crude oil on the NYMEX floor. Nell shares her unique journey from acting to financial journalism, highlighting the formative experiences that led her to cover the dynamic world of hedge funds. Listen in!
**NOTICIAS ECONÓMICAS Y FINANCIERAS** ☕️ Los temores de una guerra más amplia en Medio Oriente crecieron tras el mayor ataque con misiles de Irán contra Israel, lo que impulsó el alza del petróleo crudo y provocó una venta masiva de acciones en Estados Unidos. Irán lanzó cerca de 200 misiles contra instalaciones militares israelíes, la mayoría interceptados con apoyo de EE.UU., y aunque los daños fueron mínimos, las tensiones aumentaron. Teherán advirtió que no habrá más ataques si Israel no responde, mientras que Netanyahu prometió represalias. En los mercados, el crudo subió más del 2%, el oro alcanzó su segundo cierre más alto y las acciones estadounidenses cayeron. $NKE - Cayó en el mercado después de anunciar que retiraba su guía para el año fiscal 2025 y posponía su Día del Inversionista debido a la transición de su CEO. Anteriormente, la compañía había pronosticado una disminución de ingresos de un solo dígito medio para el año fiscal 2025, con una caída más pronunciada en la primera mitad, y ahora anticipa una disminución del 8% al 10% en los ingresos del segundo trimestre fiscal. También se espera una reducción de 150 puntos básicos en los márgenes brutos. Aunque hay señales de mejora en la segunda mitad del año, impulsadas por la innovación en nuevos productos, no se proporcionó un cronograma para un crecimiento positivo. El analista Randal Konik advirtió sobre sobrevalorar las estrategias de gestión de gastos de Nike. Los futuros del petróleo crudo subieron el miércoles, mientras que el oro retrocedió ligeramente, aunque se mantuvo cerca de máximos históricos, debido a la preocupación por el aumento de tensiones en Oriente Medio. El crudo Nymex para noviembre subió un 2,50%, mientras que el Brent para diciembre aumentó un 2,38%. Los analistas de ING señalaron que, aunque la reacción del mercado ha sido moderada, cualquier interrupción del suministro por parte de Irán podría cambiar esta tendencia. En contraste, la demanda física de oro ha disminuido a medida que los precios suben, con algunos inversores vendiendo para asegurar ganancias. Por su parte, los metales básicos mostraron subidas tras las medidas de estímulo de China, aunque las previsiones de superávit en los mercados de níquel y cobre se mantienen para los próximos años. Filipinas ha impuesto un IVA del 12% a los proveedores de servicios digitales no residentes, como Netflix, HBO y Disney, según informó un periódico local. La ley, firmada el 2 de octubre de 2024 por el presidente Ferdinand Marcos Jr., busca crear un entorno fiscal más justo entre las empresas digitales locales e internacionales que operan en el país. El impuesto se aplicará a una variedad de productos y servicios digitales, desde motores de búsqueda hasta almacenamiento en la nube. Marcos afirmó que el gobierno espera recaudar alrededor de $1.87 mil millones en los próximos cinco años con esta medida. La junta laboral acusa a Apple ($AAPL) de reglas ilegales en el lugar de trabajo. Las ofertas de empleo se disparan inesperadamente, con una contratación comparable a la de finales de 2013. EE.UU. promociona $2 Billones de dólares en subsidios a los vehículos eléctricos, mientras que los fabricantes de automóviles cambian de estrategia. Es probable que la huelga portuaria afecte al PIB del 4T en casi medio punto porcentual. Las acciones que tenemos hoy con predicción bullish son **Pre-Market Runners:** -$APA (APA Corporation): +2.30% -$FANG (Diamonback Energy, Inc.): +1.40% -$MODV (ModivCare Inc.): +17.68% Las acciones que tenemos hoy con predicción bearish son **Pre–Market Losers:** -$NKE (Nike, Inc.): -4.48% -$META (Meta Platforms, Inc.): -0.38% -$LYRA (Lyra Therapeutics, Inc.): -3.01% Estas son las noticias que tenemos para hoy, antes de que abra el mercado. Les recordamos que pueden encontrarnos en todas nuestras redes sociales como @SpanglishTrades y visitar nuestra página web www.spanglishtrades.com Para que no se pierdan ninguna noticia en la actualización del mundo de la bolsa de valores en Español Gracias por acompañarnos y escucharnos. Los esperamos en el próximo episodio de Wall Street Colada
Join us today as we dive deep into the world of finance with John Rowland, a Certified Market Technician who cut his teeth on the NYMEX trading floor. If you want expert insights and actionable analysis, this is the podcast for you!
Markets are looking to push to all-time highs, and breadth has improved markedly; the ten-day rate of change has been extremely strong. We've had ten-times more stocks advancing on Friday than were declining. So market bullishness is the trend for now, with concerns and fears of a decline fading into the background. For now. The market is pricing in a zero-percent chance of a recession, but is also rapidly reaching over-bought conditions. The market needs a break at this point, which will give opportunity to add exposure. Gold has had a very nice run, seeming to stagnate somewhat, while maintaining a bullish trend. However, a monthly chart of Gold performance would indicate peaks in prices corresponding with over bought markets typically precede corrections (remember, Gold prices are driven by commodity traders on the NYMEX). Gold traders are extremely long in the speculative positions in Gold, currently. Our advice here is to remember to take profits and rebalance your positions at this point. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=AKdsebkKe-o&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #BullishTrend #MarketCorrection #MarketRally #GoldCommodity #NYMEXTraders #AllTimeHigh #20DMA #100DMA #MarketBullishness #MarketCorrection #Recession #20DMA #50DMA #100DMA #InvestingAdvice #Money #Investing
John Rowland, Head of Trading Education at Barchart.com and former NYMEX floor trader, joins us to share his thoughts on the current market transition by looking at Momentum, Divergences, Bond Markets, Commodities and much more! Join us live at 2pm PT for a deep dive into the current markets! #trading #futures #cryptocurrency #Bitcoin #OIL #NG Sign up for a free, 6 video course on Cryptocurrency here: https://www.tradingacademy.com/crypto/ Contact TraderMerlin: Email – TraderMerlin@gmail.com LinkedIn: https://www.linkedin.com/groups/13930555/ Twitter: TraderMerlin - https://twitter.com/TraderMerlin IG: TraderMerlin - https://www.instagram.com/tradermerlin/ FB: TraderMerlin - https://www.facebook.com/TraderMerlin Live Daily Show: - https://www.youtube.com/TraderMerlin Trading Applications used: #TastyWorks, #ThinkOrSwim #CliK, #TradeStation, #TradingView, #Barchart
As the deluge of “Magnificent 7” stocks reporting earnings this week begins, it's clear that tech is the unstoppable force in our markets. Join former NYMEX floor trader and Head of Trading Education at Barchart.com, John Rowland as he joins us to talk about the current tech market melt-up, Natural Gas, Interest rates and much more! Join us Live at 2pm PT today! #trading #futures #cryptocurrency #bitcoin #UNG #AAPL #MSFT #TSLA #AMZN Sign up for a free, 6 video course on Cryptocurrency here: https://www.tradingacademy.com/crypto/ Contact TraderMerlin: Email – TraderMerlin@gmail.com LinkedIn: https://www.linkedin.com/groups/13930555/ Twitter: TraderMerlin - https://twitter.com/TraderMerlin IG: TraderMerlin - https://www.instagram.com/tradermerlin/ FB: TraderMerlin - https://www.facebook.com/TraderMerlin Live Daily Show: - https://www.youtube.com/TraderMerlin Trading Applications used: #TastyWorks, #ThinkOrSwim #CliK, #TradeStation, #TradingView, #Barchart
COFIMEX. Información Financiera de los Futuros del Petróleo (GCLV23) en la Bolsa de NYMEX. Análisis Técnico - Fundamental 05_09_2023
Vincent Viola, Founder and Chairman Emeritus of Virtu Financial, is a son of Brooklyn, a cadet of West Point, a brother of the NYMEX trading pits, and now an owner of Panthers and winner of the Prince of Wales Trophy. Vinnie's NHL hockey team fell short of the Stanley Cup in 2023, but his team from Miami is setting its sights on the big prize in ‘24. Vinnie stopped by the NYSE Library to delve deep into the virtues of capitalism and the challenges of national security. Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house
Moms Moving On: Navigating Divorce, Single Motherhood & Co-Parenting.
What happens when everything looks right on paper, and every box is checked but you still find yourself unhappy in your marriage? It is okay to choose yourself and take control of your life again. This week Shibani Joshi joins Michelle Dempsey-Multack to share her own personal divorce and how she used it to find herself and in turn become the best mom to her three amazing children. You will be able to relate to Michelle and Shibani as they discuss: Divorcing when it goes against your culture and upbringing Letting go of guilt and shame Fulfilling your role outside of your career Shifting your mindset from "what do i have to do" to "what do I want to do" AND SO MUCH MORE! Shibani Joshi is an experienced journalist who has covered business, technology and general news for global media outlets, including ABC News, Fox Business Network, Fox News Channel, Yahoo! Finance and Huffington Post. She previously anchored a daily markets show on the Fox Business Network and had her own tech segment across Fox's networks. Shibani has interviewed hundreds of corporate CEOs and executives from companies, including Apple, Citigroup, Ford, Google, McDonald's and Uber. She has also reported extensively on the floors of the NYSE, Nasdaq and NYMex exchanges. Shibani is a graduate of the University of Oklahoma and holds an MBA from the Harvard Business School. She currently lives in the Bay Area with her 3 children. Learn more about your ad choices. Visit megaphone.fm/adchoices
Back to Ag Futures with Scott IrwinIn this episode, we are joined by a global leader in the field of agricultural economics. His research on commodity markets is widely cited by other academic researchers and is in high demand among farmers, market analysts, traders, and policymakers. We are discussing the future and history of agricultural futures and his book, “Back to the Futures: Crashing Dirt Bikes, Chasing Cows, and Unraveling the Mystery of Commodity Futures Markets “. We cover Scott's work and life in agri futures. How ag futures work, how they have developed and what might their future hold.
Join former NYMEX floor trader and Head of Trading Education at Barchart.com live on the show at 2pm PT today! We will be talking about the current situation with the energy sector, broad markets and much more! Send in your questions on twitter or during the live show! #trading #futures #cryptocurrency #bitcoin #Barchart #Naturalgas #oil Sign up for a free, 6 video course on Cryptocurrency here: https://www.tradingacademy.com/crypto/ Contact TraderMerlin: Email – TraderMerlin@gmail.com LinkedIn: https://www.linkedin.com/groups/13930555/ Twitter: TraderMerlin - https://twitter.com/TraderMerlin IG: TraderMerlin - https://www.instagram.com/tradermerlin/ FB: TraderMerlin - https://www.facebook.com/TraderMerlin Live Daily Show: - https://www.youtube.com/TraderMerlin Trading Applications used: #TastyWorks, #ThinkOrSwim #CliK, #TradeStation, #TradingView, #Barchart
We continue our Days of Futures Past series this week with two guests from Abaxx Exchange: Dan McElduff and Joe Raia. Dan is President, Head of Strategy & Development and Joe is Chief Commercial Officer at Abaxx Exchange. SmarterMarkets™ host David Greely sits down with Dan and Joe to discuss the launch of ClearPort at the NYMEX in 2002, which brought the backing of the clearinghouse to the global OTC markets and today clears transactions from 1,800 listed contracts across multiple asset classes.
We continue our Days of Futures Past series with Michel Marks, the former chairman of the New York Mercantile Exchange (NYMEX). SmarterMarkets™ host David Greely sits down with Michel to discuss the creation of the modern energy futures markets.
A conversation on the floor of the New York Mercantile Exchange while he was an undergraduate student at Columbia University changed Brian Grimes' life. After graduating from Columbia in 2011, he embarked on a career in Financial Planning at AXA Advisors before transitioning to high net worth asset management at Bridgewater Advisors. In 2015, he launched his own real estate development company in his home town of Philadelphia. He's gone on to gut and renovate over 300 rental properties across the country using the BRRRR strategy. He founded the 24/7 Cash Flow University to teach students how to create passive income and escape their 9-5 desk job. Through his 100Key$ Master Class, Brian teaches students how to acquire, full-gut renovate and stabilize cash flowing rental property portfolios. He lives in the Bronx with his wife, Zila Acosta-Grimes and two sons, Brian III and Tomas. More info at https://workwithgrimes.com/cashflow50596073 Brian's Instagram. Instagram @365brothers Are you our next guest? - Let's talk. Support us! 365 Brothers on Patreon. Check out Alitu for more ease editing, polishing and publishing your podcast. About this podcast: In each episode, a Brother reflects on his life; explores the experience of being a Black man in America; shares his interactions with law enforcement; and answers the signature question "If America was a woman, what would you say to her? You won't find a collection of conversations with Black men like this anywhere else. Hear their wisdom. Be inspired. Host, Rahbin Shyne, is an author, educator, creative and avid half-marathon walker. https://365brothers/linktree Sequence Vitamins formulated by Dr. Greg Hall specifically for the supplement needs of African Americans. Take advantage of the 20% discount available to 365 Brothers listeners for a 90-day supply. Special thanks to our earliest and consistent supporters, Sonji Walker, Abigail Gonzalez, William C. Hamilton, Jr. and Shedrick Sanders.
John Rowland of Barchart.com joins us today to discuss the wild swings in natural gas and other commodities. As a former NYMEX floor trader, John spent years trading Oil, Natural Gas and has some unique insights into how they trade which may bring some clarity to the colossal meltdown currently underway! Join us today at 2pm PST, as we discuss this and any other listener questions which come in! #Trading #futures #stocks #ung #ng #naturalgas #oil Sign up for a free, 6 video course on Cryptocurrency here: https://www.tradingacademy.com/crypto/ Contact TraderMerlin: Email – TraderMerlin@gmail.com LinkedIn: https://www.linkedin.com/groups/13930555/ Twitter: TraderMerlin - https://twitter.com/TraderMerlin IG: TraderMerlin - https://www.instagram.com/tradermerlin/ FB: TraderMerlin - https://www.facebook.com/TraderMerlin Live Daily Show: - https://www.youtube.com/TraderMerlin Trading Applications used: • TastyWorks, CliK, TradeStation, TradingView, Barchart
Tom welcomes back Analyst and experienced commodities trader. Michael now provides advisory through his website moor-analytics to bring actionable intel for traders. Michael is a technical-based analyst and has a deep understanding of commodities like the natural gas market. He believes that technical analysis can be a powerful tool to get in and out of markets before the fundamentals catch up. The two experts discussed the technical patterns for gold, the S&P 500, and Bitcoin. For gold, they looked at various timeframes to gain more insight. On the S&P 500, they talked about the exhaustion levels and the bullish correction that could be triggered if the market holds. Michael also noted that the current character of the market is a corrective character, not a trending one. Finally, they discussed Bitcoin, noting that the rollover in November 2021 put the market into a bearish trend. However, they suggested that the market is building a base, and the nervousness has been put on hold. Overall, Michael Moor is an experienced trader and technical analyst. He believes that technical analysis can be a powerful tool to get in and out of markets before the fundamentals catch up. He also looks at the macro level of a market, layering a shorter-term basis on top of that. He also looks at seasonality, which could be a major factor for example in the natural gas market. Finally, Michael is currently bearish on gold and expects a pullback in the near future. Talking Points From This Week's Episode Usefulness of technical analysis in predicting market movements ahead of fundamentals.The importance of seasonality in the natural gas market.Outlook for gold and why it could go quite high this year. Time Stamp References:0:00 - Introduction1:00 - NatGas Chart & Trends3:26 - Fundamentals?7:13 - Thoughts on Crude9:07 - Time Considerations12:12 - Positioning14:06 - Energy Strategies20:43 - P.M. Analysis25:10 - Gold Bull Trends28:21 - General Equities32:40 - Bitcoin Outlook37:48 - Wrap Up Guest links:https://www.moor-analytics.com/https://www.linkedin.com/in/michael-moor-119b492/recent-activity/https://twitter.com/Michael15564596 Michael Moor studied Management and Finance at Rensselaer Polytechnic Institute (RPI) in order to get a more technical financial background. After starting with Citigroup, he moved on to be a Trader's Assistant for Chicago Research & Trading (CRT) on the trading floor of the NYMEX, working with futures and options pit traders. He developed a reputation for consistently making large directional calls in the markets, and started Moor Analytics at the request of two Natural Gas and Crude Oil option traders. This grew to encompass over 1/4 the NYMEX membership as clients, and was the #1 large-call published analyst on the NYMEX for over 10 years until he moved the business off the floor. He has since also included European energies and Gold, and currently has proprietary traders, hedge funds, and oil companies as clientele.
Today we had a fantastic guest join us, Ted Nordhaus. Ted is the Founder and Executive Director of The Breakthrough Institute and a co-author of "An Ecomodernist Manifesto" as well as "The Death of Environmentalism." Ted has spent his career advocating for technical solutions to environmental problems and is a thought leader on energy, the environment, and global climate. We covered a lot of territory in our time together and were thrilled to visit with him! The Breakthrough Institute is a global research center that seeks innovative technological solutions to environmental and human development challenges. We enjoyed learning more about their areas of impact and in our discussion we also touched on Ted's observations on the current state of the environmental world, his recent article in Foreign Policy, the issues with denying developing countries resources and infrastructure to use fossil fuels, the impact of Ted's upbringing and background, which countries are funding developing nation's energy growth, nuclear as a prime example of technology that has both scale and impact, the deregulatory movement needed to fix seventies era environmental laws that are still in place, and much more. We could have continued for much longer and greatly appreciate Ted for joining. In our upfront discussion, Mike Bradley shared bond, commodity and equity performance from the past week noting the widest inversion of two and ten-year US government bond yields since 2000, natural gas pricing's tie to demand over the next few weeks, midterm elections, and COP 27. Colin Fenton zoned in on oil and gas prices, specifically the difference in probability for NYMEX and WTI prices over the next few weeks compared to 2023. We also had Veriten's nuclear champion Brett Rampal join for today's session. We hope you will enjoy the session as much as we did. Thanks to you all!
Lauren Simonetti is an anchor and correspondent for the Fox Business Network in New York, which is celebrating its 15th anniversary on October 15th. She joined the FOX Business Network in September 2007 as a field producer and became a reporter for the network in September 2011. During her tenure, Lauren has covered major economic news events such as the 2008 financial crisis, the bankruptcy of Lehman Brothers, the impact of the Gulf oil spill, the Bernie Madoff Ponzi scheme, as well as the IPOs of major companies including Facebook and Twitter. She has spent time interviewing traders and executives at the New York Stock Exchange, NASDAQ, NYMEX and Chicago Mercantile Exchange. Before joining the network, Lauren served as a business news writer and producer for CNN. LISTEN TO THIS EPISODE IF: You want to learn from a successful business professional and mom! You want a glimpse into being an anchor on morning news You enjoy hearing stories about intriguing career paths You are interested in money and the language of business You want to get the inside scoop on what makes a great podcast guest For the latest news and information, follow Lauren on Instagram @laurensimonetti
Tom welcomes a new guest, Michael Moor, to the show. Michael is an analyst with a fifteen-year career on the floor of the NYMEX. He now provides industry-leading analysis and directional calls in the Gold and Energy Markets. He explains the importance of using technical trading and why it normally leads fundamentals. Michael explains what led him to make the call for low oil prices back in 2020. Heating oil and gasoline lead crude oil about eighty percent of the time, which can be highly advantageous in trading. He explains some of his analysis for gold and how time frames influence his calls. Various formations are usually a gradual progression over different time frames that eventually result in a move. He feels the down move in the S&P this year is more of a bearish correction within the longer bull cycle. He gives us his analysis on where the equity markets may be heading. Should the S&P hold around this level, we could see a substantial move upwards. He also believes that energy will be moving to the upside. Lastly, he discusses crude spreads and how they can be a leading indicator. Understanding the inner workings of energy options can give a trader an enormous advantage. Talking Points From This Week's Episode The importance of technical analysis and how it can lead the fundamentals.Calling oil prices back in early 2020 and some leading indicators for those markets.His outlook for gold and the S&P. Time Stamp References:0:00 - Introduction0:57 - Actionable Calls/Hedging3:42 - Technical Analysis4:57 - 2020 Oil Call & Spreads11:16 - Leading Indicators16:02 - Time Frames & Gold24:08 - Resistance Patterns25:23 - Bitcoin Chart & Time28:55 - S&P Progression36:28 - COT Thoughts37:26 - Leading Indicators40:53 - Wrap Up Guest links:Website: https://www.moor-analytics.com/LinkedIn: https://www.linkedin.com/in/michael-moor-119b492/recent-activity/Twitter: https://twitter.com/Michael15564596 Michael Moor studied Management and Finance at Rensselaer Polytechnic Institute (RPI) to get a more technical financial background. After starting with Citigroup, he moved on to be a Trader's Assistant for Chicago Research & Trading (CRT) on the trading floor of the NYMEX, working with futures and options pit traders. He developed a reputation for consistently making large directional calls in the markets, and started Moor Analytics at the request of two Natural Gas and Crude Oil option traders. This grew to encompass over 1/4 the NYMEX membership as clients, and was the #1 large-call published analyst on the NYMEX for over 10 years until he moved the business off the floor. He has since also included European energies and Gold, and currently has proprietary traders, hedge funds, and oil companies as clientele. Moor Analytics produces technically based market analysis and actionable trading suggestions. These are sent to clients twice daily, pre-open and post close, and range from intra-day to multi-week trading suggestions. Markets covered are Crude Oil (WTI), Natural Gas (Henry Hub), Unleaded Gas (RBOB), Heating Oil (ULSD), Brent Crude, Gas Oil, and inter and intra-commodity spreads. Gold is also covered.
Dennis Davitt has spent more than 3 decades in option markets. Getting his start in the crude pit on the NYMEX, he soon thereafter moved to equity derivatives, a product he's run risk in across both the sell-side and buy-side through many cycles. Through our conversation, we learn of the strong appreciation for liquidity – especially as it relates to dynamic products like options – that Dennis has gained through the many vol events he has traded through, especially during his long tenure running equity derivatives at Credit Suisse.In his rendering, it is from these episodes that we see two consistent outcomes emerge. First that investors become overleveraged and second that books wind up mismarked in some way. Here he cites the concept of “liquidity delta”, a metric that incorporates the impact of one's own presence and that of similar participants in markets. Impressed by the efficiency of prices in US-listed option markets, Dennis sees little obvious opportunity to extract arbitrage profits. Instead, he sees option markets as a vehicle to produce an intended risk outcome.And here, we shift to the work that Dennis is doing as CIO of Millbank Dartmoor Portsmouth, a firm he founded in 2020 to provide a risk-managed equity alternative through an options overlay. We explore the factors driving the flat skew in S&P 500 options as Dennis contrasts today's setup versus that which drove the famous XIV blowup in early 2018. I hope you enjoy this episode of the Alpha Exchange, my conversation with Dennis Davitt.
This episode consists of an extremely raw and unfiltered interview with veteran derivatives trader and self-proclaimed Merc Jerk, Jimmy Jude. As we rewind to the early 90's, Jimmy relives the rough 'n tumble of CME's Eurodollar options pit. Telling of power struggles, immense risk taking, and wisdoms gained from his peers. Jimmy also recounts some of the more notable—and chaotic—events he's witnessed, such as; being front row to an $8-billion blow up in Nat Gas, when trading on the NYMEX floor. Then to finish, I ask Jimmy a few things about his way of trading nowadays; working structures on the VIX curve and E-mini futures. Learn more about your ad choices. Visit megaphone.fm/adchoices
The US July CPI result was better than expected, with headline inflation moderating to 8.5% yoy (from 9.1% in June), mainly thanks to a 4.6% mom fall in energy costs. This was on the back of a 10.4% mom fall in Brent oil prices and a 8.5% mom fall in Nymex natural gas prices. It is not obvious this is being repeated in August: so far, on average oil prices have fallen a further 7.5% mom, but gas prices have rebounded 12.6% mom, and overall the CRB index, which fell 9.5% in July, is almost unchanged. Still, July's result is strong enough to allow us to scale back the likely inflationary trajectory in the US, with it now expected to peak at 9.1% in September, before drifting down to below 8% by end-2Q23. But two caveats. First, I'm fashioning these trajectories from the 6m deviation in 5yr seasonalized trends - but volatilities in CPI indexes during the last six months have been consistently dramatic (both above and below trend), and in some cases (UK) positively freakish. So even a 6m trend assumption isn't looking particularly stable month-on-month. Second, whilst inflationary pressures may be moderating in the US, they are only now beginning to show up in force in NE Asia. Overall, this means that my measure of global aggregate inflation continued to rise in July. . . .
While the OODA Loop was been heralded in the domain of conflict, we often find the concept in business and there is no greater business analogy to dogfighting that David Greenberg's experience as a trader on the floor of the world's largest physical commodities exchange. David's job required rapid decision making based on constantly changing information and the mental fortitude to move onto the next decision and rapidly learn from both successes and mistakes. In addition to his work as a trader, David also guided the New York Mercantile Exchange (NYMEX) through its largest period of growth and through a digital transformation. In this OODAcast, David shares his story and talks about how to make decisions in complex environments, but also developing the mental resiliency to deal with rapid change and impactful mistakes. David also shares his experiences from 9/11 and how one tiny circumstance saved his life and re-focused his energy on helping others. Full bio: Mr. Greenberg is the President of Greenberg Capital. He served as an Executive Board and Board Member of the New York Mercantile Exchange (NYMEX). He oversaw a decade of its largest growth from $800 million to $12 billion. Notably, at the time it was the world's largest physical commodities exchange. While at NYMEX, David was the Chairman of the Corporate Governance, Marketing, International Expansion, Electronic Trading and Security Committees. Mr. Greenberg's twenty years as President of Sterling Commodities shaped the firm into one of the largest local clearinghouses at NYMEX. Mr. Greenberg served as Director of Development for Executive Education at Florida Atlantic University. As a seasoned speaker, he has graced the podiums of the country's most prestigious colleges and universities: West Point Military Academy, Columbia Business School, New York University, Syracuse University's Whitman School of Business and Sacred Heart University's Jack Welch School of Business. He currently serves on the Executive Committee of Junior Achievement of South Florida and the Leadership Council for the United Negro College Fund of South Florida. Mr. Greenberg is a graduate of Connecticut's Suffield Academy, where he later served on the board. David is a graduate of Syracuse University. In addition to his successful career in significant advisory capabilities, he is a globally renowned and noted market analyst and media contributor. Having appeared on CNN, Fox Business News, Bloomberg and CNBC, Mr. Greenberg is often quoted on times such as the present. Mr. Greenberg's expert opinions can be found in The Wall Street Journal, Bloomberg, The Financial Times and other publications. Additional Resources: https://www.instagram.com/tradingshrink/ https://daviddouglasgreenberg.com/ Recommended Book: Raven Rock by Garrett Graff
2022 has already witnessed a 150% gain in the price of natural Gas, reaching 5-year highs! Join former NYMEX floor trader John Rowland as we look at that you need to know about trading Natural Gas and other commodities. We will be live at 2pm PST today! #Trading #UNG #NG #commodities #OIL #crypto Sign up for a free, 6 video course on Cryptocurrency here: https://www.tradingacademy.com/crypto/ Contact TraderMerlin: Email – TraderMerlin@gmail.com LinkedIn: https://www.linkedin.com/groups/13930555/ Twitter: TraderMerlin - https://twitter.com/TraderMerlin IG: TraderMerlin - https://www.instagram.com/tradermerlin/ FB: TraderMerlin - https://www.facebook.com/TraderMerlin Live Daily Show: - https://www.youtube.com/TraderMerlin Trading Applications used: TastyWorks, CliK, TradeStation, TradingView
Vince Lanci, founder of Echo Bay Partners and a market maker on the floor of the NYMEX and COMEX with decades of experience, deciphers why Zoltan is bullish on Gold. He also discusses Fed policy and together we analyze potential developments and scenarios that would be very bullish for Gold.Listen at 1.5x to make it a faster listen.Subscribe to Vince's service here:https://vblgoldfix.substack.com/about
Historic price swings and supply disruptions have caused #Oil and natural Gas to soar recently. This has brought a LOT of novice traders into the highly volatile commodity space. Join former NYMEX floor trader, John Rowland, as we talk about the recent moves, how to trade them and where they may be headed! Show is live at 2pm pst today! #trading #NaturaGas #futures #commodities Sign up for a free, 6 video course on Cryptocurrency here: https://www.tradingacademy.com/crypto/ Contact TraderMerlin: Email – TraderMerlin@gmail.com LinkedIn: https://www.linkedin.com/groups/13930555/ Twitter: TraderMerlin - https://twitter.com/TraderMerlin IG: TraderMerlin - https://www.instagram.com/tradermerlin/ FB: TraderMerlin - https://www.facebook.com/TraderMerlin Live Daily Show: - https://www.youtube.com/TraderMerlin Trading Applications used: TastyWorks, CliK, TradeStation, TradingView
John Paulson, a multi-fiat Fed note billionaire Wall Street trading legend, was interviewed on August 12th, 2021, and Bloomberg Wealth published these video clips this past week. This famed, often highly leveraged derivative, a trader who helped his firm and investors net over $20 billion on a trade shorting the 2007/2008 housing market credit bust, had additional sharp insights on the parabolic future price climb for gold. The close to this week's silver and gold derivative trading hours ended on a positive note for bullion bulls. A massive near 500,000 jobs bolstered both respective silver spot price and gold spot prices in August 2021. The gold-silver ratio also fell firmly on the news, showing signs that derivative traders were seeking alpha by placing down additional silver derivative long bets. Sideways spot price consolidations can wear people's excitement and patience out. But this last year to time for silver bulls like myself and the extended base we have been building signals tremendous upside energy likely ahead. And with fiat creationist cartels en route to doubling their ballooning balance sheets within the last two years, well, a reckoning in store of value confidence is what I continue actively betting on and saving against. This week we have some exciting news from various important gold stacking and even increasing commodity-price-discovering nations on the other side of the world. We'll begin with news out of China. Note the mentioning of shipping futures contracts and the massive escalating price squeeze ongoing for goods from China to the USA since the pandemic. Much of these shipping price escalations have and will likely continue to be passed off to consumers with higher prices for goods coming out of China. Also, China is still the world's largest consumer of commodities, and it's not close in terms of the second-largest market buying most things critical for a quality modern lifestyle. Pretty easy to guess that China wants to wrestle much commodity price discovery influence away from futures markets like the US-based COMEX and NYMEX to have her longer-term agenda more easily appeased. Of course, Russia likely knows well the International Monetary Fund's Special Drawing Rights history. The SDR began in 1968 as a supposed gold-backed freely convertible supra-central banknote only to morph into year another complete fiat currency contrivance. The SDR fiat currency unit inputs basket has lost over 97% of its value to gold bullion. And the Russian Federation likely agrees that the SDR devaluation vs. bullion trend is not changing anytime soon. Gold market analysts Daniel March and Krishan Gopaul were quick to cite massive gold demand out of India for this past month of August 2021. Remember how last week we mentioned Germany had almost imported 100 metric tonnes of gold in the first half of 2021? Well, India did that and more in August alone. India's most significant gold bullion buying nation f India is getting back on track, and it appears she is well open to importing 1,000 metric tonnes for the year. This week Market Watch had an exciting story citing estimates that an additional 20% of undocumented smuggled gold moves into India annually — stashed inside wigs, jeans, shoes, and other body cavity regions. The reason for this at a large scale is the arbitrage of possibly avoiding the 7.5% duty and tax slapped onto both gold and silver bullion bar imports into India. A country that is preparing to launch trial programs for its fiat CBDC rupee late this year 2021. The Indian banking system is notorious for being insolvent and not writing down bad loans and debts, so moving to a fiat CBDC grid and killing cash is likely a high priority for the financial powers. Finally, to close, I will leave a link to an interview I did yesterday with Tom from Palisades Radio. https://youtu.be/QHKOirpEkqc In the interview, I go over a bit of what I am about to tell you. My recent less than 24 hours one day trip through Istanbul, Turkey, was eye-opening. The ancient and largest city on the European continent, with portions of it extending on the continent of Asia as well. About 16 million people live there at the moment. And the majority of the people living there are suffering under severe currency devaluation and ongoing price inflation. Historically and currently, this part of the world has a massive gold trade, not merely in annual demand for high-grade gold jewelry manufacturing but also its growing gold refining capacities. Increasingly too, as the Turkish lira continues devaluing, their demand for silver continually grows, as likely the poor man's gold is deemed a better value and with a reasonable price range. In mid-2208, the Turkish lira was almost at par with the fiat Federal Reserve note, and now it takes over eight fiat lira to get one US dollar. So I went there with the express intention to buy some high-grade gold jewelry gifts in their world-famous Grand Bazaar. The trouble was they had a national holiday on August 30th, so I will have to return happily. Here's the point, I didn't get my high-grade gold jewelry gifts, but what I did get was some perspective of how lucky I am. That day I got to meet and sit with a young, charismatic Syrian refugee for a 15-minute tea, and we quickly got to the point where he mentioned how terrible his job was. He complained of having to work 12 hour days with no breaks and how his pay was demolished by ongoing lira price inflation. Never mind the fact that his home country was recently ravished by war. I bet if you asked a lot of these people here, they would tell you similar or even possibly worse stories. You see, most of watching this video have been lucky, including me: Count, our blessings, That is all for this week's SD Bullion market update. As always, take great care of yourselves and those you love.
David Greenberg is an incredible human. He has over 25 years of experience in leadership, public speaking and consulting work. He is frequently called upon for guidance in new business ventures, strategic industry decisions and current market conditions.He served as an Executive Board and Board Member of the New York Mercantile Exchange (NYMEX). He oversaw a decade of its largest growth from $800 million to $12 billion. Notably, at the time it was the world's largest physical commodities exchange. While at NYMEX, David was the Chairman of the Corporate Governance, Marketing, International Expansion, Electronic Trading and Security Committees.Mr. Greenberg's twenty years as President of Sterling Commodities shaped the firm into one of the largest local clearinghouses at NYMEX.Mr. Greenberg served as Director of Development for Executive Education at Florida Atlantic University. As a seasoned speaker, he has graced the podiums of the country's most prestigious colleges and universities: West Point Military Academy, Columbia Business School, New York University, Syracuse University's Whitman School of Business and Sacred Heart University's Jack Welch School of Business.In addition to his successful career in significant advisory capabilities, he is a globally renowned and noted market analyst and media contributor. Having appeared on CNN, Fox Business News, Bloomberg and CNBC, Mr. Greenberg is often quoted on times such as the present. View Media »Mr. Greenberg's expert opinions can be found in The Wall Street Journal, Bloomberg, The Financial Times and other publications.~In this episode we discuss: 6:38 - What it was like to trade in the pit18:37 - How he became a Board Member of the NYMEX31:48 - How social media is affecting our generation34:26 - How an enemy became a friend and then a business partner43:06 - Where he was during 91148:56 - What does it mean to be 'Out of The Matrix'This is NYMEX:https://www.youtube.com/watch?v=3_VCIQerVHQDavid's Speech at West Point Military Academy: https://www.youtube.com/watch?v=AAxPr6FR9SQThe Poem If: https://www.poetryfoundation.org/poems/46473/if---
Hot Topics in Tech: What do you need to know about financial technology? A technical glitch postponed the start of trading in futures and options contracts on Eurex by more than two hours, the latest in a run of breakdowns by exchanges. Exchanges around the world are avidly wooing high-frequency traders, those controversial speed demons of Wall Street. Despite the often explosive debate over this kind of trading in the U.S., bourses in Mexico, Turkey, South Africa and beyond are trying to lure HFT types to boost business. China, perhaps the last big obstacle to high-frequency trading achieving global dominance, where tight government rules, a stamp duty on stock trades and market inefficiency have so far kept out the algobots. High frequency share trading, which favors “predatory strategies that queue jump institutional and retail investors”, is having a toxic effect on Australia financial markets, according to researchers at the Business School. NY AG preps case against Credit Suisse dark pool - New York Attorney General Eric Schneiderman is preparing a civil case against Credit Suisse AG (CS). CMEs power of electronic trading let it acquire Nymex: The importance of technology was demonstrated again when CME saved Nymex from disappearing. A new report by regulators admits that there was an unusual amount of “self-trading” leading up to the October 15 bond market flash crash. The Treasury market, officially, had its own flash crash. The Inbox: Listener questions and comments Question from GG: Has there ever been talk of some sort of technology glitch or shutdown futures? In the wake of the NYSE problems it seems there would be a fertile market for such a product. Firms could hedge themselves against system risk. Please discuss. Question from Eli Minn: Good discussion of the NYSE meltdown. I came away from it agreeing that tech actually saved the day. I guess fragmentation is good for something after all. Question from TJD: I know you guys were joking when you talked about HFT boats and blimps. But has there been any serious application of drone tech in the trading world? I have seen them used for combat, photography, movie-making, science experiments and more. Why not trading?
Option Block 414: The Princess Bride Fed Trading Block: A mild day on the street. Earnings after the bell today include: Urban Outfitters and Qihoo 360 Technology. Nymex reports incorrect energy prices. Oil rebounds from early drop on modest Cushing stock build. What will the Apple Watch do to the stock? Odd Block: Puts trade in iShares Dow Jones US Real Estate ETF (IYR); puts trade in CIT BioPharma Corp (CTIC), and; call buyers in Gaming and Leisure Properties (GLPI) Xpress Block: The best OX feature: The Walk Limit Strategy Block: Uncle Mike discusses the importance of timing Mail Block: Listener questions and comments Question from IJay - Are a lot of people trading weekly options? If so what are they using them for? Around the Block: Earnings! Tuesday, March 10: FuelCell Energy, Barnes & Noble, VeriFone Systems Wednesday, March 11: Shake Shack, Express, Krispy Kreme Doughnuts, Mens Wearhouse, Vera Bradley, XOMA Corporation Thursday, March 12: Aeropostale Inc, Dollar General Corp., JA Solar Holdings, Synta Pharmaceuticals, ULTA Beauty
Your daily options news rundown for Thursday, October 2, 2014.
Your daily options news rundown for Tuesday, June 17, 2014.
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