Dan Norcini Comments on Precious Metals & Currencies [From; 03/05/2015 | Jordan Roy-Byrne, CMT | Featured, Podcasts, TheDailyGold Podcast]

Professional commodities trader Dan Norcini analyzes the fundamental and technical factors driving precious metals and currencies. He discusses topics such as US$ breakout, Euro weakness, interest rate differentials, Gold's technical picture, the difference between western demand and China/India demand, and GDXJ's technical picture.

SEE THE LINK BELOW:
http://thedailygold.podomatic.com/entry/2015-03-05T17_09_10-08_00

Silver – Brief thoughts on its COT and Price Chart [Posted on February 21, 2015,5:39 pm by Trader Dan; www.traderdan.com]

Following is a Weekly or intermediate term chart of silver along with a few brief comments developed around its most recent Commitments of Traders report from this past Friday.

Not long ago I did a more detailed analysis of silver which can be found here at the site noting how the Swap Dealers are the one group of traders to keep a close eye upon when it comes to this particular commodity futures market. They have an uncanny knack for being on the right side of this market when it makes its move.

I normally lay great emphasis on the activity of the speculators, particularly the large hedge funds, since they are the drivers of our modern markets, but when it come to silver, once the net positioning reaches extreme levels, more often than not, the Swap Dealers are the ones positioned correctly.

With that in mind, I am closely observing what is transpiring in the silver market based on the COT positioning and the price chart.

READ THE FULL ARTICLE HERE

Trader Dan's opinion on gold manipulation

"Keep this in mind - specs drive our modern markets - when they are buying, price rise. When they are selling, prices fall. Specs have had no reason to buy gold until apparently the start of this year but more so apparently since the start of this month of February. It has nothing to do with backwardation claptrap, lease rates, JP Morgan, and all the usual BS that so regularly pollutes the web in the gold bug community." Trader Dan Norcini.

SOURCE:http://traderdannorcini.blogspot.sg/2014/02/commitment-of-traders-info.html