Precious Metals Hedging with Zaner Metals

10/01/2019

10/01/2019

Support came into gold today at 1468, we hit 1465 and had quite a bounce. I would say we are far from a reversal however. Good resistance at 1495 and we don't turn bullish until a move through 1510.

10/01/2019

10/01/2019

Come learn about our Hedging Solutions - https://www.tornadobullion.com/index.php/hedging-solutions/

10/01/2019

Has Silver bottomed? Taking a breather for sure. I was eyeing the 16.95 level in the December contract for a few days now. With such a sharp move so fast, it makes sense we are having a bounce.

We dropped hard in the stock market after a very poor ISM number, which caused the bears in the metals to short cover. I don't have us getting back to bullish territory until we get back over 17.90.

We do have a weekly double bottom however.

09/06/2019

Tornado Manual Hedge Platform. Available 23 hours a day 5 days a week. Call me to discuss.

09/06/2019

Correction continues in the metals. Gold holding 1510 support with more solid support at 1500-1503.

Silver is holding over 18.05 but is vulnerable to further slide to 17.75.

Very choppy session today with markets sharply lower before the jobs data and then strong rally until Powell hinted that they may not be so quick to reduce interest rates further.

07/24/2019

PRECIOUS METALS FREE SPOT WIDGET

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Zaner Precious Metals' Tornado Bullion division provides its clients with FREE real-time spot prices for use on their websites. This widget is offered in various styles to match your website. Or, ask us about a custom design.

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Markets covered:

•Gold
•Silver
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•Palladium
•Copper




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07/17/2019

Silver is on the run the past few days. Will it continue? We have run into the weekly nearest 100 period moving average. Last time we did this was at the end of January and middle of February this year. Before that we have to go back to June 2018 and April 2018. We definitely turned the corner in silver but is it a good time to put on some hedges? Might be. Call to discuss.

07/16/2019

Some examples of Hedging with us:
Dealers use our Tornado Bullion Cart hedge vehicle from the long as well as the short side. They may for example, get orders from clients for physical coins and quote a certain price over spot and then lock it in by buying down to 1 ounce of gold, silver, platinum or palladium on the OTC market. They accumulate buy orders and then when ready to purchase the metal from their physical dealer, do that and lift the hedge. This is quite useful when the markets have wide ranges like last Thursday move of a full $1 in Silver . It allows you to accumulate orders and then make one big purchase rather than multiple smaller ones.

We also have people simply hedge their physical metal as soon as they get it and when they sell the physical, peel off the hedge, down to one ounce at at time. This allows you to protect your bottom line and if anything, can lower your costs to your clients if you don't have to have as wide a markup to cover the volatility.

If you take in a monster box of silver eagles into your inventory (500 oz of silver), you would lock in your price you paid for it per ounce by SELLING 500 ounces of silver on our platform in the over the counter/spot market.
Then as you sell your coins, you would take off the hedge by BUYING back what you sold, and you can do this as little as one ounce. It could be you sold just 1 coin and you buy back 1 ounce of silver, it could be 10 or even all 500.

Not including the costs to hedge, you basically make money on the physical metal you bought and then lose on the spot market account with us, or you lose on the physical metal and make money on the spot. So if silver dropped 50 cents after you took in your monster box and hedged, then you would sell the coins for a loss of $250 and make about $250 on the hedge account.

We offer London FIX Trades as a way of locking in prices with the Mints you deal with or other Dealers that use the FIX price to lock in your order. You can even lock in customers purchases using the FIX price if a client requests.

07/12/2019

Want to learn more about hedging? You can call me directly at 312-277-0105.