SLVO News and Press, Credit Suisse X-Links Silver Call ETN IOPV From 04/05/23

2023-04-05 04:57:00 ET Summary The latest JOLTS job openings report showed a dramatic slowdown in the U.S. labor market. In early January, our 2023 "macrocast" projected a demonstrable economic slowdown and recession by summer. Breakout rallies in COMEX gold and silver are com...

2023-04-05 00:15:00 ET Summary Based on the latest Commitments of Traders (COT) report, the latest price action is potentially even more bullish than normal. Gold has had a very strong rally over the last few weeks. Total net open interest is still well below where it was last yea...

2023-04-01 06:58:00 ET Summary Gold has been seeing a large number of contracts roll in the final day of the contract. That did not happen this month. Unlike gold, the removal of silver has continued unabated. Platinum had three challenging major months, but the Comex finally ...

2023-03-30 02:20:00 ET Summary As physical copper supplies begin to dwindle, there will very likely be a secondary impact in other metals like silver. Copper is a very important industrial metal and conductor of electricity. As such, demand for it going forward this decade is expe...

2023-03-27 23:08:00 ET Summary Gold is wrapping up March, which is a minor delivery month. Gold open interest is actually trailing in recent months. Silver delivery volume continues to decline, with March posting 3,155 contracts delivered. Platinum has been a thorn in the ...

2023-03-27 05:52:36 ET Summary Monetary policy can have a significant impact on the silver market as a currency. Monetary policy can affect interest rates, inflation, and investor sentiment, all of which can influence the demand for and price of silver. Silver prices over the ...

2023-03-24 03:30:00 ET Summary Gold is coming off extremely overbought levels on both the RSI and the MACD. Silver needs to close above $24.37 to confirm it's on its way to $30. The Fed opened the door for higher metals and miners, but the technicals and sentiment suggest one ...

2023-03-22 05:00:00 ET Summary The Fed would provide 1-year loans to banks in trouble and take the banks’ US Treasury bonds as collateral at face value. Gold, silver, the miners, and bitcoin are all rallying strongly and will continue to do so. I am cautious in the very...

2023-03-21 03:00:00 ET Summary Another major bullish sign is that margin rates were raised this week and it did absolutely nothing to blunt the move higher. Silver has not seen margin rates rise nearly as high as gold. The gold-silver ratio has once again become overextended i...

2023-03-20 16:06:00 ET Summary Gold is now in its 11th straight month of net outflows, seeing 285k ounces leave the vault so far in March. Silver has seen far more concentrated outflows from Registered, getting as low as 10.9% of total inventory in February. On Jan 26, before ...