Wednesday, December 4, 2024

COMEX Gold Futures Explained Part 1: The Basics

by Jan Nieuwenhuijs, Gold Seek:

This is part one of a series on COMEX gold futures contracts, for those interested to reach a proper understanding on this section of the gold market. In this first part we will discuss the history of futures trading and the basics of COMEX gold futures.

The History of Futures Trading

According to various sources the first traces of futures trading have been found in ancient Greece, medieval Europe, and seventeenth-century Japan. Though futures markets as we know them today emerged from North American commodity trade in the nineteenth century.

US Gov’t May FREEZE Bank Withdrawals to Halt Bank Runs, Warns Finance Guru

from Man in America:

TRUTH LIVES on at https://sgtreport.tv/

36 MILLION VACCINE DEATHS! – The Genocide Has JUST BEGUN!

from World Alternative Media:

TRUTH LIVES on at https://sgtreport.tv/

Why is Pfizer’s stock hitting new 52 week lows?

The Biggest Russiagate Liar Is STILL LYING!

from The Jimmy Dore Show:

TRUTH LIVES on at https://sgtreport.tv/

US Empire of Debt Headed for Collapse

by Pepe Escobar, The Unz Review:

Prof. Michael Hudson’s new book, The Collapse of Antiquity: Greece and Rome as Civilization’s Oligarchic Turning Point is a seminal event in this Year of Living Dangerously when, to paraphrase Gramsci, the old geopolitical and geoeconomic order is dying and the new one is being born at breakneck speed.

Prof. Hudson’s main thesis is absolutely devastating: he sets out to prove that economic/financial practices in Ancient Greece and Rome – the pillars of Western Civilization – set the stage for what is happening today right in front of our eyes: an empire reduced to a rentier economy, collapsing from within.

Deagel Report’s Numbers For 2025 America Were No ‘Conspiracy Theory’ – Cities Turning Into 3rd World Nations As Zombified Druggies Rule The Streets & Globalists Wage War On Americans

by Stefan Stanford, All News Pipeline:

While joe biden and Democrats continue to wage war upon US Veterans, American citizens nationwide, both men and women, and women in particular, bussing in illegal aliens to take the ‘homes‘ of homeless US Veterans while treating criminals as a ‘protected class, and as Susan Duclos perfectly summed up in this new ANP story, waging all-out-war on REAL women, Americans are fleeing Democrat-run cities in droves according to this new story at the Daily Mail, completely fed up with rampant crime and homelessness and drug addicts doing drugs on the streets, threatening their livelihoods and their lives.

Argentina’s Left Craters, Opening Presidential Path for Libertarian Populist Javier Milei

by Christian K. Caruso, Breitbart:

Argentine libertarian economist Javier Milei formally debuted his political coalition’s campaign platform on Tuesday, a formal requirement for him to run in the October 2023 presidential elections.

Milei’s La Libertad Avanza (“Liberty Advances”) coalition issued its formal request to join the presidential race as the nation’s ruling leftist Frente de Todos (“Front for All”) coalition flounders in disarray, lacking a presidential candidate after incumbent President Alberto Fernández announced in April that he would not run for reelection. The current vice president, far-left former President Cristina Fernández de Kirchner, has also withdrawn her name from the race, again confirming on Tuesday that she would not run.

$TRILLION BANK RUN COMING? FDIC TELLS FOREIGN DEPOSITORS THEY’RE NOT COVERED

from The David Knight Show:

TRUTH LIVES on at https://sgtreport.tv/

Our Economic Arrogance Will Be Our Undoing

by Quoth The Raven, QTR’s Fringe Finance:

Saying subprime was contained and calling for transitory inflation turned out to both be humiliating predictions. Now here’s the next odious lie coming down the bullshit economic turnpike…

Think seriously for a moment about what we were told about inflation over the last two years. As everybody knows, both the government and the Federal Reserve swore up and down to us that inflation was going to be transitory and they were, of course, dead wrong.

This wholly incorrect prognostication will be filed next to Ben Bernanke’s “subprime is contained” statement as one of the all-time worst pieces of financial and monetary analysis provided by those who are supposed to have mastery of the subject at a consequential time, ever.

Too Big To Fail Banks Now Connected To Jeffrey Epstein Child Sex Trafficking

from Reese Report:

TRUTH LIVES on at https://sgtreport.tv/

UKRAINE SUPREME COURT JUSTICE CHARGED WITH CORRUPTION AND BRIBERY (WHAT ELSE IS NEW HERE)

by Harvey Organ, Harvey Organ Blog:

ANOTHER RAID TODAY AGAINST GOLD//GOLD CLOSED DOWN $8.25 TO $1981.30//SILVER WAS DOWN ONLY 2 CENTS TO $23.74//PLATINUM WAS UP $11.05 TO $1075.25//PALLADIUM IS DOWN $9.05 TO $1492.00//HUNGARY BLOCKS 500 MILLION EURO FUNDING FOR UKRAINE AFTER UKRAINE SANCTIONS ONE OF HUNGARY’S BANKS// COVID UPDATES//DR PAUL ALEXANDER//VACCINE IMPACT/SLAY NEWS//UPDATES ON UKRAINE VS RUSSIA//UKRAINE SUPREME COURT JUSTICE CHARGED WITH CORRUPTION AND BRIBERY (WHAT ELSE IS NEW HERE)//DEBT CEILING UPDATES//DURHAM REPORT UPDATES

MARKETS SIGNAL BANK CRISIS IS INCREASING

from David Jensen:

TRUTH LIVES on at https://sgtreport.tv/

GOVERNOR RON DESANTIS BANS CBDCS IN FLORIDA

from Computing Forever:

TRUTH LIVES on at https://sgtreport.tv/

Did Argentina Just De-Dollarize?

by Keith Weiner, Gold Seek:

Argentina recently made headlines with its announcement that it plans to pay for its imports from China in Yuan. Inevitably, gold commentators jumped to the spurious conclusion that this decision signals another step towards “de-dollarization.”

Let’s be clear: this is not the case.

As much as we oppose the perversities of the US dollar system, and offer a way for individuals and institutions to get on their own personal gold standard, we also debunk clickbait articles that confuse more than they clarify.