Keith Weiner: On Monday, May 14, something happened that hasn’t happened since Dec of 2008. Two successive near-month precious metals futures contracts were in backwardation at the same time. Read more…
NYSE:AGQ, NYSE:GLD, NYSE:IAU, NYSE:SLV, PHYS
Jared Cummans: Trading commodities in today’s markets has been nothing short of difficult. While the first quarter was relatively stable, Q2 has been anything but, with volatility returning to markets and unpredictable behaviors becoming the norm. Commodity futures are already volatile on their own, Read more…
NYSE:BAL, NYSE:CORN, NYSE:SOYB
Keith Weiner: The March silver futures contract first entered backwardation on Mar 9 and with a few zigs and zags has not only remained there but has gone deeper and deeper in. The April gold future just entered backwardation today. See the graph (backwardation is when (Spot (bid) Read more…
NYSE:AGQ, NYSE:GLD, NYSE:IAU, NYSE:SLV, NYSE:ZSL
Jared Cummans: Contango is simply an unavoidable phenomenon of the commodity market; at some point almost all commodities will fall into this pattern. For those unfamiliar with the term, contango simply refers to a scenario in which near month futures are cheaper than those expiring further into Read more…
NYSE:DGZ, NYSE:KOLD, NYSE:SOYB, NYSE:UNG, NYSE:USO
Keith Weiner: On Friday, I published an article “The Arbitrageur: Silver Backwardation“. I was the only one to cover the news of the end of silver backwardation. And I gave my prediction that the price of silver could correct sharply. Read more…
NYSE:AGQ, NYSE:GLD, NYSE:SIVR, NYSE:SLV, NYSE:ZSL, PSLV
Keith Weiner: Ever since early fall 2010, long-dated silver futures have been in backwardation. This means the price of a silver future for, say, Dec. 2015, was lower than the price of silver in the spot Read more…
NYSE:AGQ, NYSE:SIVR, NYSE:SLV, NYSE:ZSL, PSLV
Bill Luby: I have talked at length in this space about the contango and negative roll yield issues that plague (NYSEArca:VXX). Periodically these discussions trigger a question from a reader about the Read more…
NYSE:FCG, NYSE:NAGS, NYSE:UNG, NYSE:UNL, NYSE:USO
Keith Weiner: After the near-collapse of the financial system in 2008, a growing number of people have come to realize that our monetary disease is terminal. It is that group to whom I address this paper. I sincerely hope that this group includes leaders in business, finance, and government. Read more…
NYSE:GLD, NYSE:IAU, NYSE:SGOL, NYSE:SLV, NYSE:UDN, NYSE:UUP
Michael Johnston: Investor interest in commodities has surged in recent years, the result of both a prolonged rally in natural resource prices and the development of new vehicles that facilitate access to this asset class. Specifically, the launch of a robust lineup of exchange-traded products that utilize Read more…
NYSE:GLD, NYSE:IAU, NYSE:SLV, NYSE:UNG, NYSE:USO
Todd Shriber: Earlier this year, I wrote about contango, the commodities market situation where longer-dated futures contracts are trading above the current spot price. This can happen with any commodity under the sun, but in most cases, I’d bet that investors know a little something about contango as Read more…
NYSE:ERX, NYSE:ERY, NYSE:USO, NYSE:XOP
Bill Luby: If you think the last two weeks have turned the investing world upside down, well you have to look no farther than the VIX futures term structure to see just how accurate that view is. Two weeks ago the VIX was in the 17s and the VIX futures term structure was in contango Read more…
NYSE:TVIX, NYSE:VIXY, NYSE:VXX, NYSE:VXZ, NYSE:XIV
Mike Norman: Hello everybody, and welcome to HardAssetsInvestor.com. I’m Mike Norman, your host. Today we are going to be talking to a professional risk manager. I have as my guest Read more…
NYSE:DBO, NYSE:DTO, NYSE:SCO, NYSE:UCO, NYSE:UGA, NYSE:USO, OIH, OIL
The rapid development of exchange traded products has brought with it increased diversity in the investing space. Markets segments that were once nearly impossible for the average Joe to reach Read more…
NYSE:BAL, NYSE:BNO, NYSE:CORN, NYSE:UGA, NYSE:USO
Unrest in the Middle East usually means supply-side problems for oil, and the current month-long conflict raging in Libya is no exception. Read more…
NYSE:USL, NYSE:USO, NYSE:XES, NYSE:XLE, NYSE:XOP
Teucrium Trading today (2/23/11) launched the Teucrium WTI Crude Oil Fund (NYSE:CRUD), providing investors with unleveraged exposure to crude oil futures contracts. The fund’s objective Read more…
NYSE:CRUD, NYSE:USL, NYSE:USO, OIL
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