COMEX

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Silver - The Last Commodity To Blast Off!

13 Jul 2025 2 minute read 3 comments SweptOverNiagara $0.31

One commodity after another has been hitting new highs over the past couple of years with cocoa bean prices leading the way when in December, 2024 the price surpassed $12,000 per ton.  Another commodity, staple rice, has doubled in price in Japan thi...

Gold Finally Breaches $3,000!

14 Mar 2025 2 minute read 2 comments SweptOverNiagara $0.22

Just after 4pm yesterday, gold futures hit $3,001, surpassing the $3,000 mark for the first time ever. Then, just after 6am this morning, the spot price did the same thing, going as high as $3,004. See snapshot below, courtesy of kitco.com. Kitco Sp...

Morning JAVA: Gold Futures Surpass $2,900 - BoE Lowers Rates

9 Feb 2025 4 minute read 4 comments SweptOverNiagara $0.14

  According to the BBC, the Bank of England lowered rates earlier on Thursday by 25 basis points to where the key lending rate now sits at 4.5%. The base rate is now at its lowest since June, 2023. They forecast inflation to rise to 3.7% later this...

Silver Smacked Down For No Apparent Reason

23 Jan 2023 2 minute read 5 comments SweptOverNiagara $0.40

Precious metals are down today, especially silver which is usually the most volatile in the PM group. Silver has dropped more than a dollar starting in the early morning hours and sharply just after 8 am when the NYMex came online. Over the years, I'...

What is happening to silver since my last review (4 Jan 2021)? WallStreetBets Silversqueeze coming?

30 Mar 2021 3 minute read 2 comments CryptoBible00789 $0.22

Hi, in my previous silver review: The case for 100 USD silver in 2021. The year of the SilverBack! I touched on several basic things you need to understand about silver and its usecases: What is silver? Silver as a monetary asset. Production of silv...