Trader Dan

Articles by Trader Dan

Financial markets are becoming absolutely giddy with delight as they are now firmly looking beyond their “dark night of captivity” to the Obama administration’s growth killing regulatory scheme with all its oppressive mandates to a “new...
The payrolls report came in pretty much as expected - and thus seems to be a non-event for the most part. The Dollar is slightly weaker, bonds are higher, oil is lower and gold is a tad higher. Mining shares are showing weakness today. I...
The one factor gold bulls have had going in their favor during the recent selloff that occurred in gold and the gold mining shares in this month of October, has been the stellar performance of the reported holdings in the gigantic gold ETF...
Fortunately for traders, the Commitments of Traders report did at least catch the big move lower on Tuesday of last week so we were able to get a peek inside the market to see what happened to those massive hedge fund long positions during...
The HUI is coming unglued on the charts with the index falling below long-term chart support at the 200-day moving average in today’s session. It had not been below that key technical indicator since early February of this year.
Yellen seems to me to be mastering the art of saying things so that everyone can come away hearing what they wanted to hear. For those concerned about the Fed leaving interest rates too low for too long, she adopted a hawkish view on the...
Safe haven gold continues its strong showing as plummeting interest rates and shaky global equity markets are creating a strong bid in this market. Gold pushed up towards last week’s high and in the process pushed through yet another...
We have reached a point where these Central Bankers can move markets at will, merely by uttering the magic words. ” PRESTO – CHANGO; ABRACADABRA! The Central Banks have plenty of tools at their disposal to combat those things which might...
We received a batch of astounding numbers in this week’s COT report for not only silver, but also for gold. Guess what? Hedge funds are at a new all-time high on the long side exposure of gold.
Ever since abysmal payrolls number hit the wires, gold has performed exceedingly well. Additionally, it does seem as if there is some strong gold buying ahead of the upcoming “Brexit” vote, an event which has the potential to create a fair...

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Due primarily to the California Gold Rush, San Francisco’s population exploded from 1,000 to 100,000 in only two years.