#  @Ole_S_Hansen Ole S Hansen Ole S Hansen posts on X about silver, commodities, gold, in the the most. They currently have [------] followers and [---] posts still getting attention that total [------] engagements in the last [--] hours. ### Engagements: [------] [#](/creator/twitter::334571039/interactions)  - [--] Week [-------] -63% - [--] Month [---------] +80% - [--] Months [---------] -92% - [--] Year [----------] +1,206% ### Mentions: [--] [#](/creator/twitter::334571039/posts_active)  - [--] Week [--] -12% - [--] Month [---] +45% - [--] Months [---] +109% - [--] Year [---] +3.50% ### Followers: [------] [#](/creator/twitter::334571039/followers)  - [--] Week [------] +0.33% - [--] Month [------] +5.50% - [--] Months [------] +14% - [--] Year [------] +18% ### CreatorRank: [-------] [#](/creator/twitter::334571039/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) #4911 [currencies](/list/currencies) #1106 [countries](/list/countries) 13.75% [travel destinations](/list/travel-destinations) 6.88% [stocks](/list/stocks) 3.75% [cryptocurrencies](/list/cryptocurrencies) 1.25% [financial services](/list/financial-services) 0.63% [technology brands](/list/technology-brands) 0.63% [exchanges](/list/exchanges) 0.63% **Social topic influence** [silver](/topic/silver) #617, [commodities](/topic/commodities) #25, [gold](/topic/gold) #1342, [in the](/topic/in-the) 10.63%, [copper](/topic/copper) #753, [market](/topic/market) #1760, [gas](/topic/gas) #939, [shanghai](/topic/shanghai) #467, [bloomberg](/topic/bloomberg) #27, [iran](/topic/iran) 5.63% **Top accounts mentioned or mentioned by** [@saxobank](/creator/undefined) [@johnjhardy](/creator/undefined) [@moritzseibert](/creator/undefined) [@calculocapital](/creator/undefined) [@oleshansennotep187089389utmsourcenotesshareactionrzuj1](/creator/undefined) [@oleshansennotep188120509utmsourcenotesshareactionrzuj1](/creator/undefined) [@cmegroup](/creator/undefined) [@quantuminvesto](/creator/undefined) [@oleshansen](/creator/undefined) [@mpbhh](/creator/undefined) [@eastendjoe](/creator/undefined) [@erikstownsend](/creator/undefined) [@unfao](/creator/undefined) [@charliebilello](/creator/undefined) [@businessinsider](/creator/undefined) [@udiz](/creator/undefined) [@financelancelot](/creator/undefined) [@jeffhamilton82](/creator/undefined) **Top assets mentioned** [Goldman Sachs (GS)](/topic/goldman-sachs) ### Top Social Posts Top posts by engagements in the last [--] hours "#Copper: Ahead of the Lunar New Year demand lull exchange-monitored inventory stocks continue to surge higher up [----] kt to a fresh multi-year high at [---] kt. All three exchanges seeing stockpiles build led by Shanghai (+15.9 kt) LME (+8.3 kt) and Comex (7.9 kt)" [X Link](https://x.com/Ole_S_Hansen/status/2019718031933690273) 2026-02-06T10:21Z 79.1K followers, 19.4K engagements "Finally some relief for investors in Chinas only pure silver fund the UBS SDIC Silver Fund which reopened today after being limit down since [--] January. The 41% decline over that period however could have been significantly worse were it not for investors continued willingness to pay a substantial premium to net asset value. https://twitter.com/i/web/status/2020783136766861586 https://twitter.com/i/web/status/2020783136766861586" [X Link](https://x.com/Ole_S_Hansen/status/2020783136766861586) 2026-02-09T08:53Z 79.1K followers, [----] engagements "#Commodities #Gold holds above USD [----] after weak US retail sales reinforced expectations of Fed rate cuts pushing the dollar and US Treasury yields lower ahead of todays delayed January payrolls report. Technical resistance is seen near USD [----] and a break above could open for a move toward USD [----] the 61.8% retracement of the recent correction. Meanwhile #silver volatility continues to ease with more orderly price action also emerging in Shanghai ahead of the extended Lunar New Year holiday. #CrudeOil trades firmer with Brent back above USD [--] as Middle East tensions sustain a modest" [X Link](https://x.com/Ole_S_Hansen/status/2021489680257105986) 2026-02-11T07:41Z 79.1K followers, 10.3K engagements "In #silver those pinning their 'hopes' on another squeeze are currently focusing on COMEX registered stocks versus open interest in the March contract which reaches first notice day on [--] February. The narrative is that potential deliveries could exceed available stocks. Several reasons why this is unlikely to become a constraint: a) Open interest typically falls sharply ahead of the notice (delivery) period as positions are rolled forward or closed. b) Delivery unfolds across the whole delivery month until [--] March and only shorts can initiate delivery by issuing notices after which the" [X Link](https://x.com/Ole_S_Hansen/status/2021881545640837233) 2026-02-12T09:38Z 79.1K followers, 40.7K engagements "Market Quick Take - [--] February [----] via @saxobank https://social.saxo/8wzfngq https://social.saxo/8wzfngq" [X Link](https://x.com/Ole_S_Hansen/status/2022210943904887113) 2026-02-13T07:27Z 79.1K followers, [----] engagements "#Commodities The Bloomberg Commodity Index is heading for a modest weekly decline of around 1% as Thursdays AI-disruption-driven risk-off tone dented risk appetite and triggered broad risk reduction from systematic and automated trading models. Losses have been most pronounced in energy led by natural gas (-8%) and gasoil (-3%). Industrial and precious metals have also softened with copper aluminium silver and platinum trading lower while gold is little changed supported by already light positioning and continued underlying demand. In contrast grains are enjoying a strong week up around 2% on" [X Link](https://x.com/Ole_S_Hansen/status/2022211858183114913) 2026-02-13T07:30Z 79.1K followers, 11.2K engagements "Over the past two weeks US #natgas stockpiles have dropped by more than [---] bcf and with projections pointing to the risk of another sizeable draw next week the market could be left vulnerable if the cold spell extends into March. Inventories fell by [---] bcf last week to [-----] tcf leaving stocks 5.5% below the five-year average. Meanwhile the #NG_f contract is trading at a four-week low at $3.14. support after moving within a wide $3.00 to $7.82 range so far this year" [X Link](https://x.com/Ole_S_Hansen/status/2022224026366533835) 2026-02-13T08:19Z 79.1K followers, [----] engagements "BOOM Total exchange-monitored #copper stocks have exceeded [--] million tons after a 19th consecutive weekly build rising by [----] kt to [----] kt. All three major exchanges recorded increases led by Shanghai (+23.6 kt to [-----] kt) and London (+20.6 kt to [-----] kt). Activity typically slows ahead of Chinas Lunar New Year holiday before picking up again in early March this time with ample supply available. A sustained inventory overhang may weigh on nearby spreads and limit upside momentum in the absence of fresh macro or supply disruptions. https://twitter.com/i/web/status/2022309104962658657" [X Link](https://x.com/Ole_S_Hansen/status/2022309104962658657) 2026-02-13T13:57Z 79.1K followers, 28.4K engagements "The BCOM TR Index tracked among others by the $CMOD ETF trades near a four-month high. It surged 130% between [----] and [----] before retracing around [---] and has now traded sideways for a year. Although not yet confirmed that sideways behaviour show signs of ending #commodities" [X Link](https://x.com/Ole_S_Hansen/status/1775521680799969720) 2024-04-03T13:52Z 78.8K followers, [----] engagements "In the "Open Interest" series on Top Traders Unplugged I recently joined my friend Philip and @moritzseibert to take a deep dive into the world of commodities with focus on @CalculoCapital a short-term quantitative hedge fund based in Denmark https://www.toptradersunplugged.com/podcast/navigating-the-commodity-markets-with-calculo-capital-ft-ole-hansen-philip-carlsson/ https://www.toptradersunplugged.com/podcast/navigating-the-commodity-markets-with-calculo-capital-ft-ole-hansen-philip-carlsson/" [X Link](https://x.com/Ole_S_Hansen/status/1915319992351928423) 2025-04-24T08:20Z 79K followers, [----] engagements "EURNOK on the move breaking technical support to trade at a three-month low. While the Norges Bank is expected to keep rates unchanged at 4% the NOK has also been supported by the latest runup in gas prices which has seen the TTF contract jump 40% in the past two weeks" [X Link](https://x.com/Ole_S_Hansen/status/2014255375520796935) 2026-01-22T08:34Z 78.8K followers, [----] engagements "#Commodities The Bloomberg Commodity Total Return Index is heading for another record weekly close up 4% and marking its strongest three-week run in almost four years. While precious metals continue to do most of the heavy lifting the energy sector also posted solid gains this week driven primarily by a surge in U.S. natural gas prices amid an incoming and potentially disruptive winter storm. The laggards were concentrated in the softs sector led by cocoa (-12%) followed by coffee (-2.1%) and cotton. In #gold and #silver the big round numbers of USD [----] and USD [---] are now within reach after" [X Link](https://x.com/Ole_S_Hansen/status/2014592387088015464) 2026-01-23T06:53Z 78.8K followers, 11K engagements "Commodities weekly Hard assets hard weather: metals lead gas shocks cocoa cracks. The Bloomberg Commodity Total Return Index is heading for yet another record weekly close up more than 4% and marking its strongest three-week run in almost four years. The index has gained 8.3%% this month and 19.5% over the past year broadly in line with the MSCI All World Index while still comfortably outperforming the major U.S. stock indices. https://open.substack.com/pub/oleshansen/p/commodities-weekly-hard-assets-hardr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true" [X Link](https://x.com/Ole_S_Hansen/status/2014692788118364334) 2026-01-23T13:32Z 79.1K followers, [----] engagements "When metals and energy perform in tandem the commodities sector tends to roar. The Bloomberg Commodity Total Return Index has already gained +12% this month and unlike last yearwhen gold and silver did most of the heavy lifting2026 has so far delivered a much broader-based advance with agriculture the notable absentee. https://twitter.com/i/web/status/2016429850395857022 https://twitter.com/i/web/status/2016429850395857022" [X Link](https://x.com/Ole_S_Hansen/status/2016429850395857022) 2026-01-28T08:35Z 78.9K followers, 17.6K engagements "Meanwhile speculators (Managed money & Other Reportables) in the three major ICE and CME traded WTI and Brent contracts held a combined net long of just 144k contracts in the latest reporting week to [--] January. Up from an October record low at 24k but below the one-year average at 204k. https://twitter.com/i/web/status/2016496356328722933 https://twitter.com/i/web/status/2016496356328722933" [X Link](https://x.com/Ole_S_Hansen/status/2016496356328722933) 2026-01-28T12:59Z 78.8K followers, [----] engagements "One for the record books. The Bloomberg Commodity Total Return Index is heading for its strongest monthly gain in decades up 15% and eclipsing several double-digit months seen between [----] and [----] when China entered the global stage and accumulated raw materials at a breakneck pace. While precious metals are doing much of the heavy lifting the breadth of the rally across the commodity complex is notable. #commodities https://twitter.com/i/web/status/2016774864992903320 https://twitter.com/i/web/status/2016774864992903320" [X Link](https://x.com/Ole_S_Hansen/status/2016774864992903320) 2026-01-29T07:26Z 78.9K followers, 11.3K engagements "#Copper extending its slump following yesterday's 11% surge a move that was purely short covering and speculative in nature with current fundamentals not supporting a move of this magnitude at this point. Exchange-monitored warehouse stocks show a 14th consecutive weekly rise of [---] kt to 929kt with increases being led by Shanghai (+7 kt) and COMEX (11.4 kt). Copper jumps 10% to a fresh record high and while the macro conditions remain in place (rate cuts demand for hard assets new demand themes) most of the micro drivers are not supporting this move. A couple of examples: a) The spot-3s" [X Link](https://x.com/Ole_S_Hansen/status/2017177652616946093) 2026-01-30T10:06Z 78.9K followers, 28.5K engagements "A classic example of how a price shock can kill demand. #Cocoa has slumped to around USD [----] per ton for the first time since [----] as consumers cut back and chocolate makers reduce cocoa content in some products. Bloomberg reports that cocoa processors in Europe the worlds largest consuming region saw bean grindings in Q4 fall to the lowest level in data going back to [----]. With demand weakening forecasts are now pointing to supply surpluses in the coming years adding further downward pressure on prices and renewed challenges for farmers in West Africa." [X Link](https://x.com/Ole_S_Hansen/status/2017219385266516001) 2026-01-30T12:52Z 79K followers, 20.8K engagements "Silver will rebound but todays collapse shows why gold will continue to be the ultimate safe haven. A semi industrious metal can rally but only for so long without eventually killing demand and causing a rush of supply from scrap sellers" [X Link](https://x.com/Ole_S_Hansen/status/2017304418220216585) 2026-01-30T18:30Z 79K followers, 84.4K engagements "Short selling by market makers is a direct consequence of hedging the long delta accumulated from a record amount of call options bought by retail investors. As these options were aggressively promoted on social media like X and Reddit with unrealistic profit expectations dealers were forced to sell futures to remain delta-neutral. These short hedges are not directional bets and will be unwound gradually as options decay are closed or expire. https://twitter.com/i/web/status/2018026058159632779 https://twitter.com/i/web/status/2018026058159632779" [X Link](https://x.com/Ole_S_Hansen/status/2018026058159632779) 2026-02-01T18:18Z 79K followers, 28.7K engagements "Chinas only pure-play silver fund UBS SDIC Silver Futures Fund with a CNY [----] billion market cap reopened after a Friday's suspension only to see its premium surge toward 60%despite repeated risk warnings from the company highlighting an unusual disconnect from the underlying silver price. This move is probably less about silver itself and more about what it says regarding investor anxiety. Chinese investors appear increasingly willing to pay almost any price for perceived capital protection amid ongoing concerns around growth property-market fragility low deposit rates and limited" [X Link](https://x.com/Ole_S_Hansen/status/2018333300872400918) 2026-02-02T14:38Z 78.9K followers, 51.3K engagements "#Silver has staged a strong rebound today but it is still too early to conclude whether this move represents more than a classic dead-cat bounce. From a technical perspective as shown in the chart the recovery remains tentative unless prices reclaim USD [-----] and preferably USD [-----]. Until the market plumbing is fixed with volatility easing and liquidity improving erratic trading in both directions is likely to persist. https://twitter.com/i/web/status/2018693327428649440 https://twitter.com/i/web/status/2018693327428649440" [X Link](https://x.com/Ole_S_Hansen/status/2018693327428649440) 2026-02-03T14:29Z 79K followers, 63.8K engagements "#Silver suffered a sharp reversal during the Asian session wiping out two days of gains. Heavy selling emerged in the Chinese futures market and on the CME after failing to break resistance at USD [-----] the 38.2% retracement of the recent slump. Weaker Chinese demand ahead of Lunar New Year combined with reports of a large short position by a Chinese investor further soured sentiment. At the same time the Shanghai spot premium over London slid to a three-week low. Chinas only pure silver fund which closed at a 60% premium to NAV last Thursday remains limit down leaving investors unable to" [X Link](https://x.com/Ole_S_Hansen/status/2019298969046651149) 2026-02-05T06:36Z 79K followers, 53.1K engagements "Shanghai leading today's slump with premiums narrowing" [X Link](https://x.com/Ole_S_Hansen/status/2019298972406591715) 2026-02-05T06:36Z 79K followers, 12.7K engagements "The UBS SDIC Silver Futures Fund China's only pure-silver fund has not traded since Thursday when it closed at a 60% premium to NAV. Suspended on Friday only to suffer four consecutive days being down by the daily limit of 10%" [X Link](https://x.com/Ole_S_Hansen/status/2019298976294715492) 2026-02-05T06:36Z 79K followers, 34.1K engagements "The slump in global #container #freight rates continues ahead of the Lunar New Year lull which typically lasts until early March when Chinese factories and exporters are fully back online. This past week the Drewry Composite recorded its steepest decline since September falling 7% to USD [----] per 40-foot container. The sharpest drops were seen on ChinaEU routes partly reflecting a gradual return of shipping traffic to the Red Sea via the Suez Canal which shortens voyage times and lowers transport costs. https://twitter.com/i/web/status/2019383109016293564" [X Link](https://x.com/Ole_S_Hansen/status/2019383109016293564) 2026-02-05T12:10Z 78.8K followers, [----] engagements "Before anyone keels over with excitement over this discovery it is worth quietly noting that aggregate daily volume in the SHFE silver contract over the past two months has averaged around [----] million contracts. Todays total turnover of [---] million contracts while elevated - which can be expected considering the wide trading range - has been exceeded on several occasions during that period. But I suppose facts don't matter if they don't fit the narrative This is the most incredible thing I believe ever happened in the history of commodity markets in Asia. ⚠👇 [-------] contracts traded at the" [X Link](https://x.com/Ole_S_Hansen/status/2019386575784727018) 2026-02-05T12:24Z 79K followers, 48.6K engagements "Pandora A/S has warned of slowing sales growth this year citing among other factors its exposure to highly volatile #silver prices. In response the Danish jeweller has accelerated efforts to diversify its metal mix with plans to shift around half of its product range toward #platinum-plated jewellery. The relative valuation backdrop underscores the logic: a decade ago one ounce of platinum bought more than [--] ounces of silver. That ratio has since collapsed to a record low below [--] highlighting just how dramatically silver has outperformed platinum over the period. Chart source: Bloomberg" [X Link](https://x.com/Ole_S_Hansen/status/2019393159751479503) 2026-02-05T12:50Z 79K followers, [----] engagements "Another CME margin hike makes sense given the ongoing turmoil and extreme price swings. The ATR on #SI_f is currently at a record USD 14.17/oz or 19.3% meaning the latest increase has merely brought margin requirements in line with daily price volatility. Yesterdays slump in cryptocurrencies triggered broader deleveraging with heavy liquidations in tokenised silver products feeding through into selling pressure across COMEX futures ETFs and swaps. CME MARGIN HIKE ALERT ON Gold and Silver A third MARGIN increase within [--] days. Maintenance increases A 11% increase for gold futures A 20%" [X Link](https://x.com/Ole_S_Hansen/status/2019700109051625928) 2026-02-06T09:10Z 78.8K followers, 19.3K engagements "Commodities weekly - A violent correction in precious metals combined with equity and crypto weakness triggered broad deleveraging and a shift toward defensive positioning across #commodities https://substack.com/@oleshansen/note/p-187089389utm_source=notes-share-action&r=zuj1 https://substack.com/@oleshansen/note/p-187089389utm_source=notes-share-action&r=zuj1" [X Link](https://x.com/Ole_S_Hansen/status/2019775081807831231) 2026-02-06T14:07Z 78.8K followers, [----] engagements "COT on #forex covering the week to [--] February showed a speculative positioning heavily skewed toward US dollar selling despite a modest rebound in the greenback that week. As a result the gross short across the eight IMM currency futures more than doubled to a six-month high of USD [----] billion. https://twitter.com/i/web/status/2020439232834142237 https://twitter.com/i/web/status/2020439232834142237" [X Link](https://x.com/Ole_S_Hansen/status/2020439232834142237) 2026-02-08T10:07Z 78.8K followers, [----] engagements "Net buying was seen in all but one of the eight currencies led by a 24% increase in the euro net long to [------] contracts equivalent to USD [---] billion. Additional net long increases of around USD [---] billion were recorded in JPY CAD and AUD. Euro and Canadian dollar longs are now the largest since August [----] while the Australian dollar net long reached its highest level since December [----]. https://twitter.com/i/web/status/2020439236466331978 https://twitter.com/i/web/status/2020439236466331978" [X Link](https://x.com/Ole_S_Hansen/status/2020439236466331978) 2026-02-08T10:07Z 78.8K followers, [----] engagements "The weekly COT update covering managed-money positioning across [--] major commodity futures markets captured the historic price reversals in metals. In the reporting week to last Tuesday (3 Feb) #gold fell 3.6% #silver slumped 21.4% and #platinum dropped 12.9%. Faced with increasingly challenging trading conditions managed-money accountswhich for several weeks had been selling into the rally amid rising volatility higher exchange margins and growing VAR constraintsaccelerated their deleveraging. Gold net longs were cut by 23% to [-----] contracts the lowest since October; silver net longs fell" [X Link](https://x.com/Ole_S_Hansen/status/2020448630562340924) 2026-02-08T10:44Z 78.9K followers, 16.7K engagements "Beyond metals the reporting week to [--] February saw broad-based buying across crude oil and refined products with the combined crude oil net long rising by 65.4k contracts to 341.3k a six-month high and a marked rebound from near-flat positioning at the start of the year. The grains sector recorded net buying across all three major crops while soft commodities remained under pressure led by heavy net selling in sugar and coffee. Livestock continues to stand out as the most favoured agricultural sector with speculators holding a net long in the three contracts valued at USD [--] billion. More in" [X Link](https://x.com/Ole_S_Hansen/status/2020451649932628214) 2026-02-08T10:56Z 79K followers, 10.5K engagements "#Silver: In China the deflation of the speculative bubblefollowing exchange measures to curb excessive trading and ahead of the Lunar New Year holidaycontinues to sap interest with both traded volumes and notably open interest on the Shanghai Futures Exchange declining" [X Link](https://x.com/Ole_S_Hansen/status/2020783129909182757) 2026-02-09T08:53Z 79K followers, 13.4K engagements "Market Quick Take - [--] February [----] via @saxobank https://social.saxo/viroeba https://social.saxo/viroeba" [X Link](https://x.com/Ole_S_Hansen/status/2021128546995859721) 2026-02-10T07:46Z 79K followers, [----] engagements "#Commodities #CrudeOil trades steady after a two-day advance with the Iran-related risk premium continuing to ebb and flow. Brent however is struggling to break convincingly above USD [--] amid speculation that the risk of higher oil pricesand the impact of rising fuel costscould ultimately push President Trump toward a negotiated settlement with Iran. Such an outcome would reduce the risk of conflict and by extension the threat of a major supply disruption from the Middle East. #Gold holds above USD [----] following a two-day gain supported in part by reports that Chinese regulators have advised" [X Link](https://x.com/Ole_S_Hansen/status/2021129853995553213) 2026-02-10T07:51Z 79K followers, 11.8K engagements "#Commodities #Sugar futures slid to a five-year low at [----] cents/lb and have now more than halved since the November [----] peak above [--] cents/lb pressured by prospects of a bumper Brazilian crop that is set to widen the global surplus while the risk of producer hedging may add further downside pressure. The downturn has also been reinforced by a sharper-than-expected slowdown in sugar consumption across the US and other developed economiespartly linked to the growing uptake of GLP-1 weight-loss drugs which curb appetite for the sweetener. #Gold eased back from above USD [----] and #silver from" [X Link](https://x.com/Ole_S_Hansen/status/2021852179456229861) 2026-02-12T07:41Z 79K followers, [---] engagements "Global #container #freight rates continue to ease into the Lunar New Year slowdown albeit at a more measured pace than in recent weeks. The Drewry Composite Index fell 1.1% this week to USD [----] per 40ft box marking a ten-week low with weakness seen across the four main ChinaEurope and ChinaU.S. routes. The index is now down 13% year-to-date and 38% compared with a year ago. From Bloomberg Intelligence: "Liners can expect weaker bookings through early March when Chinese factories and exporters fully reopen after the holiday. The resumption of Suez Canal passage is gaining momentum led by" [X Link](https://x.com/Ole_S_Hansen/status/2021948770213151069) 2026-02-12T14:05Z 79.1K followers, [----] engagements "COT data for #silver in the week to [--] February showed another notable decline in open interest to a five-month low as speculators (managed money and other reportables) further reduced their net long. At the same time short covering including the unwinding of hedges drove position reductions among producers and banks (swap dealers)" [X Link](https://x.com/Ole_S_Hansen/status/2022999364004655244) 2026-02-15T11:40Z 79.1K followers, 13.4K engagements "Meanwhile JPY positioning held steady after Prime Minister Takaichis landslide election victory. An initial attempt to weaken the yen was met with verbal intervention from the finance minister and senior currency officials both signalling readiness to act against excessive volatility potentially indicating a USDJPY line in the sand near [---] above which authorities appear reluctant to tolerate further yen weakness at this stage a stance that probably helped further challenge the relatively small speculative short position held as of last Tuesday" [X Link](https://x.com/Ole_S_Hansen/status/2022988426757149046) 2026-02-15T10:56Z 79.1K followers, [----] engagements "Market Quick Take - [--] February [----] via @saxobank https://social.saxo/jk8oy2w https://social.saxo/jk8oy2w" [X Link](https://x.com/Ole_S_Hansen/status/2023299837765333368) 2026-02-16T07:34Z 79.1K followers, [----] engagements "#Gold rallied back above USD [----] on Friday recovering from a USD [---] slide the previous day after a softer US CPI print pushed bond yields lower and lifted rate-cut expectations. China a key engine behind the month-long rally in precious metals and selected industrial metals will remain closed through [--] February potentially limiting additional upside in the near term. Key levels to watch are USD [----] on the downside and USD [----] on the upside. https://twitter.com/i/web/status/2023301921847611505 https://twitter.com/i/web/status/2023301921847611505" [X Link](https://x.com/Ole_S_Hansen/status/2023301921847611505) 2026-02-16T07:42Z 79.1K followers, 16.4K engagements "#Silver: In order to better gauge the true spread between spot silver prices on the Shanghai Gold Exchange and London it is necessary to adjust for Chinas 13% VAT which applies to physical delivery. Once this tax component is stripped out the SGE premium peaked yesterday at just over 5% before easing back today towards 1%. The VAT itself is not new the current 13% rate has been in place since [----] but because it is proportional to price it has mechanically inflated the headline Shanghai-over-London spread as silver has surged to much higher price levels." [X Link](https://x.com/Ole_S_Hansen/status/2016113164841111928) 2026-01-27T11:36Z 79.1K followers, 204.9K engagements "A further normalisation between Shanghai and the West is reflected in the premium paid for physical bars in Shanghai over London" [X Link](https://x.com/Ole_S_Hansen/status/2020783133017207217) 2026-02-09T08:53Z 79.1K followers, [----] engagements "COT on #commodities: The latest COT report covering managed money positioning in the week to Tuesday [--] February captures a period during which the Bloomberg Commodity Index traded broadly flat. Gains in crude oil gasoline gold and notably grains were offset by weaknesses across industrial metals including the semi-industrial precious metals silver and platinum as well as natural gas soft commodities and livestock. In energy crude oil buying extended to an eighth consecutive week albeit at a slower pace with the combined net long in Brent and WTI rising by 10.6k contracts to an eight-month" [X Link](https://x.com/Ole_S_Hansen/status/2022997203904495853) 2026-02-15T11:31Z 79.1K followers, [----] engagements "Our Commitment of Traders update highlights futures positions and changes made by hedge funds and other speculators across #commodities and #forex during the week to last Tuesday [--] February [----]. https://substack.com/@oleshansen/note/p-188120509utm_source=notes-share-action&r=zuj1 https://substack.com/@oleshansen/note/p-188120509utm_source=notes-share-action&r=zuj1" [X Link](https://x.com/Ole_S_Hansen/status/2023329621404754280) 2026-02-16T09:32Z 79.1K followers, [----] engagements "The #silver conspiracists are having a field day claiming the @CMEGroup worried about a thin order book shut down its entire platform to prevent a breakout. Needless to say thats complete nonsense. And before the comment area lights up like a Christmas tree do note I have been bullish on silver since [----] and expect prices to climb further in the coming months. On a more serious note it has been a long while since weve seen an outage of this duration. Thankfully it arrived on a relatively quiet trading day with many US participants enjoying a long Thanksgiving break" [X Link](https://x.com/Ole_S_Hansen/status/1994332353338962361) 2025-11-28T09:07Z 79.1K followers, 96.3K engagements "The continued surge across metals especially #gold and #silver is entering a dangerous phase in my opinion. In my many years following markets I have seen this dynamic play out several times across commoditiesand occasionally in other asset classes as well. The problem is volatility feeding on itself. As price swings intensify liquidity thins. Banks and market makers struggle to warehouse risk especially as their lifelinethe basis between physical and futuresbecomes increasingly erratic. When their willingness to quote prices in size fades liquidity deteriorates and volatility blows out. Does" [X Link](https://x.com/Ole_S_Hansen/status/2016825611180720171) 2026-01-29T10:47Z 79.1K followers, 117.7K engagements "$MSTR - Bitcoin briefly falls below Microstrategys breakeven price at $76037" [X Link](https://x.com/Ole_S_Hansen/status/2017676583817904153) 2026-01-31T19:09Z 79.1K followers, 18.1K engagements "#Platinum with its inferior liquidity went through a 34% top to bottom correction retracing 50% of the rally from last year's April low. Just like gold and silver it is now finding a fresh bid supported by its once again relative cheapness to gold after the ratio jumped from a three-year low at [----] to [----] currently. From a technical perspective the first area of resistance can be found ahead of $2295 followed by $2415 https://twitter.com/i/web/status/2018597410604187758 https://twitter.com/i/web/status/2018597410604187758" [X Link](https://x.com/Ole_S_Hansen/status/2018597410604187758) 2026-02-03T08:08Z 79.1K followers, 12.5K engagements "While $SLV turnover has started to normalise interest in call options has continued to build as prices fell further suggesting many traders still view the move as an opportunity. In effect any sharp rebound carries the risk of a repeat as option sellers would be covering their negative gamma though the buying of ETFs or futures. https://twitter.com/i/web/status/2019705935816478847 https://twitter.com/i/web/status/2019705935816478847" [X Link](https://x.com/Ole_S_Hansen/status/2019705935816478847) 2026-02-06T09:33Z 79.1K followers, 19.7K engagements "Key observations from EIA's weekly update: #Crudeoil stocks rose by [---] million barrels the largest weekly increase in a year driven by strong import flows into the Gulf Coast and a [---] mb/d rebound in production to [----] mb/d. #Gasoline inventories climbed to their highest level since April [----] reflecting a recent winter-related slowdown in mobility. Overall however implied gasoline demand remains broadly unchanged compared with the previous two years. https://twitter.com/i/web/status/2021847164930982286 https://twitter.com/i/web/status/2021847164930982286" [X Link](https://x.com/Ole_S_Hansen/status/2021847164930982286) 2026-02-12T07:21Z 79.1K followers, [----] engagements "@quantum_investo Not bearish at all. Long term bullish and actually impressed by its current performance. Main message right now is not to chase the market and be patient" [X Link](https://x.com/Ole_S_Hansen/status/2022393561233408237) 2026-02-13T19:32Z 79.1K followers, [---] engagements "Gold: stretched but structurally supported Over the past two decades whenever #gold traded more than 20% above its 200-day moving average the spread has ultimately reverted to zero and in several episodes overshot. That relationship appeared to break in [----] when golds breakout above USD [----] signalled the start of a historic rally culminating last month at USD [----] when the metal traded more than 30% above its 200-DMA. Since then the spread has narrowed to around 22.5% still elevated by historical standards. This raises the question of whether a deeper correction or extended consolidation -" [X Link](https://x.com/anyuser/status/2023390190530666995) 2026-02-16T13:33Z 79.1K followers, [---] engagements "AI-drivenearnings concerns triggered renewed equity volatility and crosssector selling as markets attempt to price in the disruptive reach of AI. Commodities got caught in the AI cross winds but continue to outperform supported by geopolitical risk supply challenges and resilient demand. https://open.substack.com/pub/oleshansen/p/commodities-weekly-ai-disruptionr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true https://open.substack.com/pub/oleshansen/p/commodities-weekly-ai-disruptionr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true" [X Link](https://x.com/Ole_S_Hansen/status/2022303577708941752) 2026-02-13T13:35Z 79.1K followers, [----] engagements "U.S. core and headline CPI rose 2.5% over the last [--] months" [X Link](https://x.com/Ole_S_Hansen/status/2022310919556960445) 2026-02-13T14:04Z 79.1K followers, [----] engagements "COT on #forex covering non-commercial positioning across eight IMM futures in the week to [--] February. Speculators sold the USD for a third consecutive week lifting the gross short by $2.4 bn to nearly $20 bn the largest non-commercial bet on a weaker dollar since last June" [X Link](https://x.com/Ole_S_Hansen/status/2022984952762224828) 2026-02-15T10:42Z 79.1K followers, [----] engagements "The euro net long rose to 180k contracts ($27 bn equivalent) the highest since May [----] and just 31k contracts below the [----] record peak. Almost uninterrupted net buying of CAD since November has flipped positioning from a 160k net short to a 13.3k net long the most bullish stance since [----]. Meanwhile the AUD another resource-linked currency climbed to 33.2k contracts just [---] contracts shy of the [----] peak and the highest level since [----]. An unfolding political and economic crisis in the UK provided the only notable support for the dollar with the GBP net short jumping 86% to 26k" [X Link](https://x.com/Ole_S_Hansen/status/2022984955777683478) 2026-02-15T10:42Z 79.1K followers, [----] engagements "Gold: stretched but structurally supported Over the past two decades whenever #gold traded more than 20% above its 200-day moving average the spread has ultimately reverted to zero and in several episodes overshot. That relationship appeared to break in [----] when golds breakout above USD [----] signalled the start of a historic rally culminating last month at USD [----] when the metal traded more than 30% above its 200-DMA. Since then the spread has narrowed to around 22.5% still elevated by historical standards. This raises the question of whether a deeper correction or extended consolidation -" [X Link](https://x.com/Ole_S_Hansen/status/2023390248076480645) 2026-02-16T13:33Z 79.1K followers, 11.1K engagements "Who bought #Chevron last Friday I wonder Reporter: Did you speak with the oil companies before the operation Did you tip them off Trump: Before and after. They want to go in and theyre going to do a great job. https://t.co/zxOG648Ww0 Reporter: Did you speak with the oil companies before the operation Did you tip them off Trump: Before and after. They want to go in and theyre going to do a great job. https://t.co/zxOG648Ww0" [X Link](https://x.com/Ole_S_Hansen/status/2008209720335860134) 2026-01-05T16:11Z 74.9K followers, [----] engagements "Market Quick Take - [--] January [----] via @saxobank https://social.saxo/ivgvonf https://social.saxo/ivgvonf" [X Link](https://x.com/Ole_S_Hansen/status/2008441945811554815) 2026-01-06T07:34Z 74.3K followers, [----] engagements "#Commodities Oil steadied after reversing early losses on Monday as traders balanced Venezuela-related geopolitical risk against persistent concerns about a global supply glut. Brent rebounded from below USD [--] to around USD [-----] following the weekend capture of Venezuelas president by U.S. forces. U.S. energy equities led the gains with oil majors refiners and oilfield service companies rising on expectations that American firms could eventually be involved in rebuilding Venezuelas oil industry. That said the market remains mindful that any meaningful recovery in Venezuelan production would" [X Link](https://x.com/Ole_S_Hansen/status/2008443282154545274) 2026-01-06T07:39Z 74.3K followers, [----] engagements "Gold silver and platinum regain momentum as [----] opens with familiar risks and new tensions #XAU #XAG #XPT via @saxobank https://social.saxo/uhrampl https://social.saxo/uhrampl" [X Link](https://x.com/Ole_S_Hansen/status/2008502303662473610) 2026-01-06T11:34Z 75K followers, [----] engagements "It's back Ourweekly Commitment of Traders update highlights futures positions and changes made by hedge funds across #forex and #commodities during the week ending Tuesday [--] December [----]. via @saxobank https://social.saxo/abmt9sn https://social.saxo/abmt9sn" [X Link](https://x.com/Ole_S_Hansen/status/2008534877147459640) 2026-01-06T13:43Z 74.7K followers, [----] engagements "COMEX #Silver position breakdown covering the week to [--] December. The much-touted swap-dealer short often cited by conspiracy theorists as a looming threat to several Wall Street banks held steady around 23k contracts equivalent to roughly 25% of average daily turnover" [X Link](https://x.com/Ole_S_Hansen/status/2008537976754827525) 2026-01-06T13:55Z 74.3K followers, [----] engagements "COMEX #Silver position breakdown covering the week to [--] December. The much-touted swap-dealer short often cited by conspiracy theorists as a looming threat to several Wall Street banks held steady around 23k contracts equivalent to roughly 25% of average daily turnover. In other words a manageable position which like the speculative long has been gradually reduced in recent months as rising prices lifted the positions nominal value. https://twitter.com/i/web/status/2008544569189630357 https://twitter.com/i/web/status/2008544569189630357" [X Link](https://x.com/Ole_S_Hansen/status/2008544569189630357) 2026-01-06T14:21Z 74.4K followers, 11.9K engagements "Metals 😯 - and we are only four trading days into a new year" [X Link](https://x.com/Ole_S_Hansen/status/2008566842437365927) 2026-01-06T15:50Z 74.4K followers, 37.2K engagements "Metals comment: #Gold #silver and #platinum are trading sharply lower as traders lock in profits following a three-day run of strong gains. A key near-term risk is the annual rebalancing of major commodity index funds such as the S&P GSCI and the Bloomberg Commodity Index which runs for five business days from [--] January. This once-yearly rules-based process realigns index weights back to predefined targets after a year of uneven performance across sectors and individual commodities. While the resulting futures flows are price-insensitive and purely technical they can still have a noticeable" [X Link](https://x.com/Ole_S_Hansen/status/2008794611183935951) 2026-01-07T06:55Z 75K followers, 59.7K engagements "Joining @johnjhardy on todays #podcast to discuss the latest developments across #commodities including crude oil Venezuela and Iran copper and nickel and not least the annual commodity index rebalancing and its potential market impact especially on gold and silver. Today's Saxo Market Call - talking geopolitics and crude and big commodity rebalancing incoming with @Ole_S_Hansen as well as equities Macro and FX and more. https://t.co/OMB5stoqGj With host @johnjhardy Today's Saxo Market Call - talking geopolitics and crude and big commodity rebalancing incoming with @Ole_S_Hansen as well as" [X Link](https://x.com/Ole_S_Hansen/status/2008874264045437292) 2026-01-07T12:12Z 74.4K followers, [----] engagements "Near-term risks: commodity index rebalancing in focus A key near-term risk for precious metals is the annual rebalancing of major commodity index funds such as the S&P GSCI and Bloomberg Commodity Index which runs for five business days from today. This onceyearly rulesbased process realigns index weights back to their predefined targets after a year of uneven price performance across sectors and individual commodities. Following a strong [----] for gold (+62.5%) and silver (139%) and additional gains into early [----] indextracking funds are required to reduce exposure to recent outperformers" [X Link](https://x.com/Ole_S_Hansen/status/2009172765882949975) 2026-01-08T07:58Z 75.1K followers, 20.3K engagements "Market Quick Take - [--] January [----] via @saxobank https://social.saxo/osjaerw https://social.saxo/osjaerw" [X Link](https://x.com/Ole_S_Hansen/status/2009176960401125779) 2026-01-08T08:14Z 74.4K followers, [----] engagements "#Gold and #silver face a test of strength as annual index rebalancing begins via @saxobank https://social.saxo/td1d99c https://social.saxo/td1d99c" [X Link](https://x.com/Ole_S_Hansen/status/2009210834430620067) 2026-01-08T10:29Z 75.1K followers, 50.4K engagements "Global #container #freight rates extended a recent run of weekly gains to six with the Drewry Composite up 42% since late November. In the past week alone the index climbed 15.5% to USD [----] per 40-foot box the highest level since July. The latest surge has been driven by sharply higher costs on the main ChinaUS routes with Los Angeles rates up 50% and New York up 45% while to Europe the smaller ChinaGenoa route has jumped 69%. Rising demand ahead of the Lunar New Year holiday combined with general rate increases imposed by carriers is underpinning the spike across Transpacific lanes. Despite" [X Link](https://x.com/Ole_S_Hansen/status/2009241430510723517) 2026-01-08T12:31Z 74.7K followers, [----] engagements "@MPBHH @EastEndJoe Facts no longer matter Michael at least for now. This has nothing to do with security as the US for decades had the opportunity to install and run installations around Greenland. It's all about a little guy's quest for power and expansion" [X Link](https://x.com/Ole_S_Hansen/status/2009251350366847010) 2026-01-08T13:10Z 74.4K followers, [--] engagements "#Cocoa which will return to the BCOM Index for the first time in decades with a weighting of 1.71% trades 2.8% higher on the day at USD [----]. The move probably reflecting traders front-running a significant amount of index-related buying over the next five days estimated by Goldman Sachs at around 29k lotsequivalent to 23% of current open interest and roughly [----] times average daily volume. Whether #CC_f extends further will depend on how much of this demand has already been discounted. From a technical perspective current price levels offer limited incentive to initiate fresh exposure." [X Link](https://x.com/Ole_S_Hansen/status/2009262193158619259) 2026-01-08T13:53Z 74.6K followers, 26.3K engagements "U.S. October trade deficit narrows to $29.4 billion smallest since [----]. Driven by a sharp pullback in imports notably pharmaceuticals. YoY imports are down 3.6% while exports are up 12.1%" [X Link](https://x.com/Ole_S_Hansen/status/2009269386650009821) 2026-01-08T14:22Z 74.4K followers, [----] engagements "RBC : "Looking beneath the surface the vast majority of the uptick in exports can be attributed to the $6.8b increase in non-monetary gold exports (accounts for 97% of the increase in exports in October)"" [X Link](https://x.com/Ole_S_Hansen/status/2009295107711799600) 2026-01-08T16:04Z 74.4K followers, [----] engagements "In the COMEX gold options market someone paid around USD [---] million for the right to get long almost USD [---] million worth of gold at an October strike price of USD 6500/oz. A pretty chunky ticket by any standard" [X Link](https://x.com/Ole_S_Hansen/status/2009322709097017468) 2026-01-08T17:53Z 74.3K followers, [---] engagements "@ErikSTownsend I removed the post as I wanted to check a bit deeper. The details came from a London based bullion trader. I have not got my screen in front of me but it looks like a low delta (0.07) outright bet" [X Link](https://x.com/Ole_S_Hansen/status/2009337289605009670) 2026-01-08T18:51Z 74.4K followers, [----] engagements "The market was is ill prepared for additional crude disruptions https://www.bloomberg.com/news/articles/2026-01-08/investors-turn-most-bearish-on-oil-in-almost-10-years-goldman-finds https://www.bloomberg.com/news/articles/2026-01-08/investors-turn-most-bearish-on-oil-in-almost-10-years-goldman-finds" [X Link](https://x.com/Ole_S_Hansen/status/2009382916128960690) 2026-01-08T21:53Z 74.4K followers, [----] engagements "Commodities am comment: Oils January roller-coaster continues with prices rebounding firmly as focus returns to rising tensions around Iran and President Trumps threat to support the ongoing uprising against the Ayatollah-led regime. In addition the annual commodity index rebalancing is set to direct cash flows back into futures markets while Goldman Sachs notes that investors hold the most bearish view on crude in almost a decadeboth factors that could reinforce albeit temporarily bullish momentum. Gold steadied on the back of heightened geopolitical risk indirectly lending support to silver" [X Link](https://x.com/Ole_S_Hansen/status/2009522453626675423) 2026-01-09T07:07Z 74.5K followers, [---] engagements "#Commodities European morning comment: #CrudeOils January roller-coaster continues with prices rebounding firmly as focus returns to rising tensions around Iran and President Trumps threat to support the ongoing uprising against the Ayatollah-led regime. In addition the annual commodity index rebalancing is set to direct cash flows back into futures markets while Goldman Sachs notes that investors hold the most bearish view on crude in almost a decadeboth factors that could reinforce albeit temporarily bullish momentum. #Gold steadied on the back of heightened geopolitical risk indirectly" [X Link](https://x.com/Ole_S_Hansen/status/2009523557651632385) 2026-01-09T07:12Z 74.5K followers, [----] engagements "#Crude trades higher for a second day extending its January roller-coaster ride with the focus now on Iran where the risk of near-term supply disruptions is outweighing the prospect of a future supply pickup should the regime collapse. At the same time traders remain poorly positioned for a rebound while the ongoing commodity index rebalancing will add a layer of mechanical buying. Technically resistance sits just below USD [--] in #WTI. A clear break above this level could open the door for a move toward the USD [----] area. https://twitter.com/i/web/status/2009543831981551949" [X Link](https://x.com/Ole_S_Hansen/status/2009543831981551949) 2026-01-09T08:32Z 74.5K followers, [----] engagements "Short-term top in #copper Copper stocks monitored by the three major futures exchanges rose on the week to a fresh eight-year high of [---] kt. Shanghai inventories climbed by [--] kt to [---] kt while ongoing shipments to COMEXdriven by the persistent threat of tariffslifted stocks there by [----] kt to [---] kt leaving 59% of all visible exchange stocks held in the US. LME inventories meanwhile fell by [---] kt to [---] kt. Copper prices hit a fresh record high earlier in the week despite reports that industrial users in China have scaled back purchases as they struggle to pass higher costs on to" [X Link](https://x.com/Ole_S_Hansen/status/2009555548346159232) 2026-01-09T09:19Z 75.1K followers, 13.8K engagements "Nuclear/uranium stocks and their related ETFs have made a strong start to the year following a Q4-2025 correction. Gains are being led by the highly speculative stock $OKLO which at one point surged 800% last year before subsequently losing around two-thirds of its value. The company has no commercial revenues and continues to run sizable operating losses making it a very speculative bet in a capital-intensive and heavily regulated corner of the advanced nuclear space. It is also worth noting that spot U3O8 prices have barely moved highlighting that the recent rally is being driven almost" [X Link](https://x.com/Ole_S_Hansen/status/2009562258632831108) 2026-01-09T09:45Z 75.1K followers, [----] engagements "#Agriculture: The @UNFAO Food Price Index averaged [-----] points in December down 2.3% YoY with a sector breakdown showing annual declines being led by sugar (-24%) dairy (-7.7%) and cereals (-3.7%) and only partly offset by some strength in meat (+3.4%) and veg. oils (+1.6%) https://twitter.com/i/web/status/2009599731069014467 https://twitter.com/i/web/status/2009599731069014467" [X Link](https://x.com/Ole_S_Hansen/status/2009599731069014467) 2026-01-09T12:14Z 74.5K followers, [----] engagements "COMEX #Gold options: among this week's top ten most traded strikes we find yesterday's big ticket in the October [----] Call where someone bought [----] contracts and paid around $31/oz or USD [---] million. Delta on the trade is around [----] so even a move to $5000 would only lift the delta to [----] https://twitter.com/i/web/status/2009609406363627565 https://twitter.com/i/web/status/2009609406363627565" [X Link](https://x.com/Ole_S_Hansen/status/2009609406363627565) 2026-01-09T12:53Z 74.8K followers, 18.3K engagements "US Jobs report for December: headline payrolls change weak (37k vs. 71k exp) and revisions negative but strong household survey (4.4% unemploment rate vs. 4.5% exp and 4.6% previous) - so mixed and no big shocker" [X Link](https://x.com/Ole_S_Hansen/status/2009619218757742914) 2026-01-09T13:32Z 74.5K followers, [----] engagements "Commodities weekly: Geopolitics and index rebalance in focus as [----] begins via @saxobank https://social.saxo/mlqi417 https://social.saxo/mlqi417" [X Link](https://x.com/Ole_S_Hansen/status/2009626754013708338) 2026-01-09T14:02Z 74.5K followers, [----] engagements "Have a great weekend all. This guy and his own morality will undoubtedly give us more volatility next week and beyond" [X Link](https://x.com/Ole_S_Hansen/status/2009709587419496624) 2026-01-09T19:31Z 74.5K followers, [----] engagements "#Cocoa tumbled 12% on Friday after front-running buyers who had positioned for a rebalancing-driven spike were forced to unwind. Two days into this exercise markets are once again not behaving as many had anticipated with gold and silver rising while cocoa moves sharply lower. It is a timely reminder that there are no free meals in markets and that well-flagged events often fail to deliver the price impact that headline trade flows might otherwise suggest. #Cocoa which will return to the BCOM Index for the first time in decades with a weighting of 1.71% trades 2.8% higher on the day at USD" [X Link](https://x.com/Ole_S_Hansen/status/2009950582556000719) 2026-01-10T11:28Z 74.8K followers, 27.3K engagements "A bumpy US market awaits on Monday following Trumps latest attempt to avoid a midterm meltdown. Here is the reality of capping credit card interest rates at 10%. Lenders and consumer finance platforms like $SOFI $AXP $COF $DFS $NU and $MELI along with issuing banks such as $JPM $BAC $C and $WFC rely on risk-based pricing to cover credit losses funding costs https://t.co/WR5gXC0IJW Here is the reality of capping credit card interest rates at 10%. Lenders and consumer finance platforms like $SOFI $AXP $COF $DFS $NU and $MELI along with issuing banks such as $JPM $BAC $C and $WFC rely on" [X Link](https://x.com/Ole_S_Hansen/status/2009990143646798250) 2026-01-10T14:06Z 74.8K followers, 16.1K engagements "Extraordinary. America's health secretary takes time out from decimating his country's child-vaccine programme to stick up for the rights of medical fraudsters in Germany - and garbles the name of the health secretary in the process. Dying to know the back story to this. Extraordinary. America's health secretary takes time out from decimating his country's child-vaccine programme to stick up for the rights of medical fraudsters in Germany - and garbles the name of the health secretary in the process. Dying to know the back story to this" [X Link](https://x.com/Ole_S_Hansen/status/2010123456424104248) 2026-01-10T22:55Z 74.4K followers, [----] engagements "COT on #commodities covering the week to [--] January shows the new year starting with a burst of net selling across several sectors while heightened geopolitical tensions were met with a fair degree of uncertainty about their impact on prices. In energy crude oil (Brent and WTI) saw a modest reduction in the combined net long as prices slipped underlining a market where additional selling still appears to require a clear downside break that has yet to materialise. US natural gas extended its sharp sell-off with the net long cut by 36% on another week of heavy losses. In metals the renewed" [X Link](https://x.com/Ole_S_Hansen/status/2010282852554854678) 2026-01-11T09:29Z 75.7K followers, [----] engagements "Gold hits a fresh record high as the Fed independence is one again called into question by Trump's latest attempt to influence the US Federal Reserve and dictate the direction of interest rates. The same was tried in Turkey and we all know how that went. Video message from Federal Reserve Chair Jerome H. Powell: https://t.co/5dfrkByGyX https://t.co/O4ecNaYaGH Video message from Federal Reserve Chair Jerome H. Powell: https://t.co/5dfrkByGyX https://t.co/O4ecNaYaGH" [X Link](https://x.com/Ole_S_Hansen/status/2010597878369329337) 2026-01-12T06:21Z 75.7K followers, 17.2K engagements "#Commodities: Gold and silver pushed to fresh record highs in early Monday trading after Trump and his administration intensified their attack on the Federal Reserve by serving it with DOJ subpoenas fuelling concerns about central bank independence inflation and safety of US bonds. Gold approached USD [----] and silver spiked to USD [-----] as tight supply dynamics persist. Safe-haven demand has been underpinned by escalating unrest in Iran where ongoing protests continue to challenge the regime and stoke geopolitical risk premia. Oil prices held firm amid the same unrest in Iran which has raised" [X Link](https://x.com/Ole_S_Hansen/status/2010609307092390053) 2026-01-12T07:06Z 75.7K followers, 12.4K engagements "Market Quick Take - [--] January [----] via @saxobank https://social.saxo/uunwiny https://social.saxo/uunwiny" [X Link](https://x.com/Ole_S_Hansen/status/2010638101803319777) 2026-01-12T09:00Z 74.8K followers, [----] engagements "Ourweekly Commitment of Traders (COT) update highlights futures positions and changes made by hedge funds across #forex and #commodities during the week ending Tuesday [--] January [----]. via @saxobank https://social.saxo/fjum97b https://social.saxo/fjum97b" [X Link](https://x.com/Ole_S_Hansen/status/2010657292585435592) 2026-01-12T10:17Z 75.7K followers, [----] engagements "Another morning another deluge of commentary from so-called silver experts playing the familiar manipulation tuneoften from people who either do not understand or choose not to understand what futures margin is and why it has to move with market conditions. Yesterday CME announced a shift in how it sets margins moving from a fixed dollar amount to a percentage of notional value with silver set at 9%. Historically that is probably not far from the long-term average. In a market where precious metals are trading with extreme intraday volatility CME has a clear obligation to manage the risk" [X Link](https://x.com/Ole_S_Hansen/status/2010975180311437374) 2026-01-13T07:20Z 75.5K followers, 20.6K engagements "EU TTF #gas jumps to 31.4/MWh ($10.75/MMBtu) extending its rally to 13% over the past three sessions as weather forecasts point to frigid conditions potentially hitting both Europe and Asia over the next two weeks. That raises the risk of LNG cargoes being diverted away from Europe toward Asian markets forcing prices to remain competitive. Europes dependence on seaborne LNG continues to grow while gas storage is just 54% full well below the five-year seasonal average of 69% leaving the region increasingly exposed to the double risk of a cold-weather demand shock and competition from Asia for" [X Link](https://x.com/Ole_S_Hansen/status/2011003445386280976) 2026-01-13T09:12Z 75.1K followers, 12.1K engagements "#CrudeOils rebound is gathering pace with both Brent and WTI trading at their highest levels since mid-November. The move reflects a classic short-covering and momentum-driven squeeze after many traders and investors entered the year positioned for lower prices amid widespread talk of a major supply glut into early [----]. Instead President Trumps move on Venezuelafar from guaranteed to restore production to previous levelstogether with persistent disruption risks in Iran has for now reintroduced a geopolitical risk premium into both WTI and Brent. So far the rally has been driven more by" [X Link](https://x.com/Ole_S_Hansen/status/2011070047658058204) 2026-01-13T13:37Z 74.8K followers, [----] engagements "#CrudeOils rebound is gathering pace with both Brent and WTI trading at their highest levels since mid-November. The move reflects a classic short-covering and momentum-driven squeeze after many traders and investors entered the year positioned for lower prices amid widespread talk of a major supply glut into early [----]. Instead President Trumps move on Venezuelafar from guaranteed to restore production to previous levelstogether with persistent disruption risks in Iran has for now reintroduced a geopolitical risk premium into both WTI and Brent. So far the rally has been driven more by" [X Link](https://x.com/Ole_S_Hansen/status/2011071074268574150) 2026-01-13T13:41Z 75.9K followers, 21.1K engagements "The annual rebalancing of the two major commodity indices is now in its fourth of five days and so far the market impact has to put it mildly been underwhelming. That highlights both the risk of placing too much faith in a well-flagged rules-based event and the underlying strength of demand for precious metals. Crude has benefited from the dual tailwinds of index buying and heightened geopolitical risk while cocoawhere fundamentals have softenedhas seen producer selling and wrong-footed longs offset much of the buying from Bloomberg Commodity Index trackers. Changes since last Wednesday's" [X Link](https://x.com/Ole_S_Hansen/status/2011073810213056787) 2026-01-13T13:52Z 76K followers, [----] engagements "In today's #podcast I join @johnjhardy to take a closer look the precious metals and other commodities markets with a spotlight on silver and whether it is getting overdone here to the upside or if the rallies in gold and now silver are leading indicators of a more transformative repricing of the physical world relative to the paper/financialized world which could mean we're only getting started. https://saxostrats.podbean.com/e/what-logic-takes-silver-to-usd-250-an-ounce/ https://saxostrats.podbean.com/e/what-logic-takes-silver-to-usd-250-an-ounce/" [X Link](https://x.com/Ole_S_Hansen/status/2011089264818131255) 2026-01-13T14:53Z 74.8K followers, [----] engagements "Makes sense With trading in silver and gold at record levels were launching new 100-Ounce Silver futures to improve access to a wider range of participants enabling them to benefit from the liquidity and efficiencies that our futures markets provide. Read the press release here https://t.co/pDJsUjGBuq With trading in silver and gold at record levels were launching new 100-Ounce Silver futures to improve access to a wider range of participants enabling them to benefit from the liquidity and efficiencies that our futures markets provide. Read the press release here https://t.co/pDJsUjGBuq" [X Link](https://x.com/Ole_S_Hansen/status/2011107575501348918) 2026-01-13T16:06Z 74.8K followers, [----] engagements "#Commodities #Silver raced past USD [--] in Asia today hitting a high of USD [-----] as the parabolic rally continues despite technical indicators flashing overbought. Over the past month golds volatile junior has gained USD [--]. While it took [--] days to move from USD [--] to USD [--] the final USD [--] to USD [--] took just six days underlining an accelerating momentum-driven move fuelled by tight supply and FOMO. At some point the risk of industrial demand destruction will arrest the rally but that threshold has yet to be reached. #Gold and #copper also hit fresh record highs at USD 4639/oz and USD" [X Link](https://x.com/Ole_S_Hansen/status/2011329295432519896) 2026-01-14T06:47Z 76K followers, 19.1K engagements "China's December trade data shows a major pick up in imports of key #commodities with crude coal gas and iron ore all hitting record highs. What do they know Crude oil: [----] m b/d +17% YoY Coal: [----] m tons +12% YoY Natural gas: [-----] m tons +16.3% YoY Iron ore: [-----] m tons +6.4% YoY Copper ore & concentrates: [---] m tons +7.3% YoY Soybeans: [--] m tons +1.3% YoY https://twitter.com/i/web/status/2011364258924069291 https://twitter.com/i/web/status/2011364258924069291" [X Link](https://x.com/Ole_S_Hansen/status/2011364258924069291) 2026-01-14T09:06Z 76K followers, 20K engagements "Silver at USD 90: when hard-asset demand meets momentum #Silver #XAG #XAUXAG https://open.substack.com/pub/oleshansen/p/silver-at-usd-90-when-hard-assetr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true https://open.substack.com/pub/oleshansen/p/silver-at-usd-90-when-hard-assetr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true" [X Link](https://x.com/Ole_S_Hansen/status/2011409423311188478) 2026-01-14T12:05Z 75K followers, [----] engagements "Silver at USD 90: when hard-asset demand meets momentum https://open.substack.com/pub/oleshansen/p/silver-at-usd-90-when-hard-assetr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true https://open.substack.com/pub/oleshansen/p/silver-at-usd-90-when-hard-assetr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true" [X Link](https://x.com/Ole_S_Hansen/status/2011409996425416708) 2026-01-14T12:08Z 75K followers, [----] engagements "Jewellery and silverware alone likely account for around [------------] tonnes of #silver globally. Set against an expected 950-tonne supply deficit in [----] it would in theory take only a small amount of old spoons forks and necklaces to eliminate it. The world has not run out of silver; it is simply held in a different form than the one industry investors and futures markets are currently demanding. What matters for price is not how much silver exists but how much can be economically and quickly mobilised into bars and coins and therein lies the current challenge. (Source: Metal Focus/Silver" [X Link](https://x.com/Ole_S_Hansen/status/2011427450790592898) 2026-01-14T13:17Z 76K followers, 55.8K engagements "@charliebilello Don't ruin the party Charlie" [X Link](https://x.com/Ole_S_Hansen/status/2011440205421797539) 2026-01-14T14:08Z 75.1K followers, [----] engagements "#Silvers 14-day exponential ATR trades near 6% signalling a shift from an orderly market to a volatility-dominated squeeze regime. Daily price swings in percentage terms are now more than double their three-year norm meaning much of what traders see on the screen reflects forced flows margin dynamics option hedging and short covering rather than genuine supply-demand price discovery. In this environment technical levels lose reliability stops are easily triggered and even correct macro views struggle to survive short-term noise. The message from ATR is not that silvers bull trend is over but" [X Link](https://x.com/Ole_S_Hansen/status/2011453253557289286) 2026-01-14T15:00Z 75.9K followers, 32.4K engagements "Silver tumble on news President Donald Trump is holding off on new tariffs targeting imports of critical minerals following a months-long review to determine whether foreign shipments threatened US national security. (BBG)" [X Link](https://x.com/Ole_S_Hansen/status/2011618597484073292) 2026-01-15T01:57Z 75.1K followers, 58.3K engagements "#Commodities from crude oil to key metals from gold and silver to platinum and copper all slid after Trump signalled he may hold off on attacking Iran for now and after the U.S. held off imposing tariffs on imports of critical minerals easing a key concern that in recent months had driven unusually large flows of metal into the US ahead of a potential announcement. #Silver saw a sharp reversal after hitting a fresh record high at USD [-----] but has since found a bid near Tuesdays lows around USD [-----] potentially signalling that the momentum- and tight supply-led rally continues to attract" [X Link](https://x.com/Ole_S_Hansen/status/2011692264330764397) 2026-01-15T06:49Z 75K followers, [---] engagements "#Commodities from crude oil to key metals from gold and silver to platinum and copper all slid after Trump signalled he may hold off on attacking Iran for now and after the U.S. held off imposing tariffs on imports of critical minerals easing a key concern that in recent months had driven unusually large flows of metal into the US ahead of a potential announcement. #Silver saw a sharp reversal after hitting a fresh record high at USD [-----] but has since found a bid near Tuesdays lows around USD [-----] potentially signalling that the momentum- and tight supply-led rally continues to attract" [X Link](https://x.com/Ole_S_Hansen/status/2011693489831006511) 2026-01-15T06:54Z 75K followers, [----] engagements "#Commodities from crude oil to key metals from gold and silver to platinum and copper all slid after Trump signalled he may hold off on attacking Iran for now and after the U.S. held off imposing tariffs on imports of critical minerals easing a key concern that in recent months had driven unusually large flows of metal into the US ahead of a potential announcement. #Silver saw a sharp reversal after hitting a fresh record high at USD [-----] but has since found a bid near Tuesdays lows around USD [-----] potentially signalling that the momentum- and tight supply-led rally continues to attract" [X Link](https://x.com/Ole_S_Hansen/status/2011695444372455822) 2026-01-15T07:02Z 76K followers, 13.2K engagements "Market Quick Take - [--] January [----] via @saxobank https://social.saxo/7pyflf5 https://social.saxo/7pyflf5" [X Link](https://x.com/Ole_S_Hansen/status/2011708758557409586) 2026-01-15T07:55Z 75K followers, [----] engagements "Silver rally pause on 'no-tariff' outcome but speculators want more #XAG #XAUXAG https://open.substack.com/pub/oleshansen/p/silver-rally-pause-on-no-tariff-outcomer=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true https://open.substack.com/pub/oleshansen/p/silver-rally-pause-on-no-tariff-outcomer=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true" [X Link](https://x.com/Ole_S_Hansen/status/2011727170016874877) 2026-01-15T09:08Z 75.7K followers, [----] engagements "Global #container #freight rates trade softer for the first time in seven weeks with the Drewry Composite down 4.4% this week to USD 2445/40ft box. Weaker price action seen on all the major China channels led by a 10% and 7% declines on the NY and LA routes. Overall the index is 37% lower than a year ago" [X Link](https://x.com/Ole_S_Hansen/status/2011750186469458318) 2026-01-15T10:39Z 75K followers, [----] engagements "#Commodities #crudeoil #gold #silver #copper #macro via @saxobank https://social.saxo/ecnhjxz https://social.saxo/ecnhjxz" [X Link](https://x.com/Ole_S_Hansen/status/2011804926377152617) 2026-01-15T14:17Z 76.1K followers, [----] engagements "#Silver: When speculators crash with the real world the real world always win - eventually. https://www.bloomberg.com/news/articles/2026-01-16/silver-s-rally-slams-solar-makers-already-struggling-with-lossesutm_source=website&utm_medium=share&utm_campaign=twitter https://www.bloomberg.com/news/articles/2026-01-16/silver-s-rally-slams-solar-makers-already-struggling-with-lossesutm_source=website&utm_medium=share&utm_campaign=twitter" [X Link](https://x.com/Ole_S_Hansen/status/2012044151966351684) 2026-01-16T06:08Z 74.8K followers, [----] engagements "Market Quick Take - [--] January [----] via @saxobank https://social.saxo/xea8hnj https://social.saxo/xea8hnj" [X Link](https://x.com/Ole_S_Hansen/status/2012070820529742104) 2026-01-16T07:54Z 75.5K followers, [----] engagements "#Commodities The now rebalanced Bloomberg Commodity Index is heading for a weekly gain of around 1% with gains in precious metals and energy offsetting losses across agriculture and end of week softness across industrial metals. At the individual level silver is once again doing the heavy lifting with a 14% gain followed by diesel at 2.7% and gold at 2.5% while losses are led by cocoa (-7%) corn (-6%) and sugar (-2.1%). After a roller-coaster week the energy sector is up 1% supported by natural gas and refined fuel products. Oil softened further down 4.5% over the past two days after the US" [X Link](https://x.com/Ole_S_Hansen/status/2012070823205417469) 2026-01-16T07:54Z 75K followers, [----] engagements "#Copper trades lower after hitting a record high earlier in the week as near-term fundamentals struggle to keep pace with prices potentially signalling a period of consolidation. Exchange-monitored stockpiles rose by [--] kt on the week to [-----] kt the highest level in almost eight years. Increases were seen across all exchanges led by Shanghai where inventories rose [--] kt to [-----] kt a nine-month high while continued inflows into COMEX lifted stocks to a fresh record high of [-----] kt" [X Link](https://x.com/Ole_S_Hansen/status/2012072683719020897) 2026-01-16T08:01Z 75.7K followers, 18.4K engagements "Silver's price has skyrocketed but one key factor could cap the rally via @businessinsider https://www.businessinsider.com/silver-price-today-industrial-demand-outlook-forecast-solar-panels-2026-1utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter https://www.businessinsider.com/silver-price-today-industrial-demand-outlook-forecast-solar-panels-2026-1utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter" [X Link](https://x.com/Ole_S_Hansen/status/2012074292784107933) 2026-01-16T08:07Z 75.9K followers, 13.6K engagements "Panama expects to decide in the coming months whether to restart a vast mine that has become one of the biggest uncertainties in the global copper market. If restarted it could add almost 2% to global supply. https://www.bloomberg.com/news/articles/2026-01-15/panama-targets-june-decision-on-fate-of-shuttered-copper-mineutm_source=website&utm_medium=share&utm_campaign=twitter https://www.bloomberg.com/news/articles/2026-01-15/panama-targets-june-decision-on-fate-of-shuttered-copper-mineutm_source=website&utm_medium=share&utm_campaign=twitter" [X Link](https://x.com/Ole_S_Hansen/status/2012076754546868482) 2026-01-16T08:17Z 76.3K followers, 10.9K engagements "#Silver and #copper are seeing some end-of-week selling primarily driven by news from China the main engine behind the recent run-up in metal prices where regulators have ordered exchanges to remove servers operated by high-frequency traders. In addition rising copper stockpiles and signs of softening demand have reversed prices from a record high earlier in the week. Silver is also being weighed down by lower position limits and reports that industrial users are struggling with record-high prices. Finally the no-tariff decision is likely to encourage silver flows from COMEX back to London" [X Link](https://x.com/Ole_S_Hansen/status/2012168093993144338) 2026-01-16T14:20Z 76.1K followers, 46.8K engagements "In metals the managed money long in COMEX gold rose 10% to 136.5k on fresh buying while the silver's continued surge drove a 15% reduction to 15k a 22-month low. Platinum and palladium held steady while copper saw net selling for a third week" [X Link](https://x.com/Ole_S_Hansen/status/2012531831212490964) 2026-01-17T14:25Z 76.3K followers, 14.7K engagements "COT on #commodities covering managed money positions in the week to [--] January. More in my Monday update" [X Link](https://x.com/Ole_S_Hansen/status/2012533203643335163) 2026-01-17T14:31Z 76K followers, [----] engagements "Did Putin write that Hopefully the beginning of the end for this sick narcissist President Donald J. Trump has announced that he will impose a 10% tariff on all goods entering the United States from Denmark Finland France Germany the Netherlands Norway Sweden and the United Kingdom on February [--] until Denmark agrees to sell Greenland also citing https://t.co/845LSUarHY President Donald J. Trump has announced that he will impose a 10% tariff on all goods entering the United States from Denmark Finland France Germany the Netherlands Norway Sweden and the United Kingdom on February [--] until" [X Link](https://x.com/Ole_S_Hansen/status/2012605156458721568) 2026-01-17T19:17Z 75.7K followers, 18K engagements "The only language the dictator in waiting in Washington understands is money so unfortunately it will probably require a serious slump in the U.S. stock market before he backs down. Note U.S. markets are closed Monday for MLK Jr day" [X Link](https://x.com/Ole_S_Hansen/status/2012848555896066220) 2026-01-18T11:24Z 75.3K followers, [---] engagements "The only language the dictator-in-waiting in Washington appears to understand is money meaning it may unfortunately take a serious slump in the U.S. stock market before he backs down. Note that U.S. markets are closed on Monday for Martin Luther King Jr. Day" [X Link](https://x.com/Ole_S_Hansen/status/2012848960264667635) 2026-01-18T11:26Z 75.7K followers, [----] engagements "Nasdaq trades -1% and Dax -1.2% on IGs weekend trading platform" [X Link](https://x.com/Ole_S_Hansen/status/2012939324979863783) 2026-01-18T17:25Z 75.7K followers, 25.3K engagements "Gold and silver which both faced some profit-taking pressure on Friday jumped to fresh record highs as renewed geopolitical tensions resurfaced. Trumps aggressive push to take over Greenland has deepened an already widening geopolitical fault line between the US and Europe. Combined with ongoing Iran risks concerns about Fed independence and investor aversion to the dollar and US government bonds amid rising fiscal debt worries the underlying demand for hard assets remains firm" [X Link](https://x.com/Ole_S_Hansen/status/2013140428027998264) 2026-01-19T06:44Z 75.7K followers, 22.2K engagements "#Commodities #Gold hit a fresh record above USD [----] while #silver paused after almost reaching USD [--] amid rising concern over the Trump administrations aggressive stance toward global peers most recently through Greenland-related tariff threats that have reignited trade tensions. Together with worries about Federal Reserve independence and growing unease toward the dollar and U.S. government bonds amid rising fiscal debt demand for hard assets remains firm supported by their lack of credit risk absence of an issuer and long history as a store of value during periods of political and" [X Link](https://x.com/Ole_S_Hansen/status/2013507855219904880) 2026-01-20T07:04Z 75.7K followers, [----] engagements "Gold 10-year JGB yields and the NATO ETF all pointing in the same direction as all three moves reflect the same underlying regime shift: higher geopolitical risk rising fiscal stress and the end of ultra-cheap Japanese liquidity that has quietly underpinned global asset markets for decades. Source: Bloomberg https://twitter.com/i/web/status/2013557909536358902 https://twitter.com/i/web/status/2013557909536358902" [X Link](https://x.com/Ole_S_Hansen/status/2013557909536358902) 2026-01-20T10:23Z 76.3K followers, 24.6K engagements "If one does others are likely to follow. The CIO saying The U.S. is basically not a good credit and long-term the U.S. government finances are not sustainable Trump have created credit risks too big to ignore 🚨 *DANISH PENSION FUND AKADEMIKERPENSION TO EXIT US TREASURIES 🚨 *DANISH PENSION FUND AKADEMIKERPENSION TO EXIT US TREASURIES" [X Link](https://x.com/Ole_S_Hansen/status/2013609452029546960) 2026-01-20T13:47Z 75.9K followers, 38.8K engagements "@FinanceLancelot Unfortunately not this time" [X Link](https://x.com/Ole_S_Hansen/status/2013727416078704963) 2026-01-20T21:36Z 75.7K followers, [---] engagements "In today's #podcast @johnjhardy runs through a number of possible outcomes from Davos after Trump touches down to negotiate with or browbeat European counterparts on the Greenland issue a continued focus on the implications of Japanese policy moves to address instability in its bond market the Mag7 leading the market lower and much more. https://saxostrats.podbean.com/e/dont-forget-rates-as-we-await-davos-octagon-or-davos-taco/adobe_mc=MCMID%3D89688797591029802807934927739611373155%7CMCORGID%3D173338B35278510F0A490D4C%2540AdobeOrg%7CTS%3D1768994312531" [X Link](https://x.com/Ole_S_Hansen/status/2013934927629230307) 2026-01-21T11:21Z 75.9K followers, [----] engagements "EURNOK on the move breaking support to trade at a three-month low. The Norges Bank rate decision is due shortly with an unchanged rate at 4% expected" [X Link](https://x.com/Ole_S_Hansen/status/2014253442546425868) 2026-01-22T08:26Z 75.9K followers, [---] engagements "Scary predictions about the economic and human impact if the current US weather forecasts turn out to be correct. I certainly hope not. Comments from U.S. based followers and readers of this most welcome so we can try to understand the situation better. Not a Prepper You May Want to Think Like One This Week If You Live Across the Southern and Eastern U.S. Matt Randolph is an oil and gas expert and a Forbes energy contributor who focuses on how power grids refineries pipelines LNG terminals and water systems behave under https://t.co/Vs0dRou81q Not a Prepper You May Want to Think Like One This" [X Link](https://x.com/Ole_S_Hansen/status/2014263994630934728) 2026-01-22T09:08Z 76K followers, 11.2K engagements "The cat is out of the bag. One of the key reasons gold has been accumulated for months and is likely to remain in demand is the steady erosion of fiscal discipline in the United States. Irresponsible spending with little regard for deficits across multiple administrations red and blue alike has brought us to a point where reducing exposure is now openly discussed as trust in the U.S. under the current administration continues to weaken. 🚨🚨 NORDIC PENSION GIANTS RETHINK U.S. ASSETS Major Northern European investors are reassessing their exposure to U.S. assets as geopolitical tensions rising" [X Link](https://x.com/Ole_S_Hansen/status/2014457720858984525) 2026-01-22T21:58Z 76.6K followers, 26.5K engagements "#Commodities The Bloomberg Commodity Total Return Index is heading for another record weekly close up 4% and marking its strongest three-week run in almost four years. While precious metals continue to do most of the heavy lifting the energy sector also posted solid gains this week driven primarily by a surge in U.S. natural gas prices amid an incoming and potentially disruptive winter storm. The laggards were concentrated in the softs sector led by cocoa (-12%) followed by coffee (-2.1%) and cotton. In #gold and #silver the big round numbers of USD [----] and USD [---] are now within reach after" [X Link](https://x.com/Ole_S_Hansen/status/2014590425957363987) 2026-01-23T06:46Z 76K followers, [----] engagements "Just ahead of the #WinterStorm US #natgas inventories fell by [---] bcf well below the five-year average draw of [---] bcf leaving total stockpiles 6.1% above the seasonal norm. Over the past two years withdrawals have typically peaked around this time of year with the largest weekly draws reaching [---] bcf in [----] and [---] bcf in [----]. https://twitter.com/i/web/status/2014707590207320141 https://twitter.com/i/web/status/2014707590207320141" [X Link](https://x.com/Ole_S_Hansen/status/2014707590207320141) 2026-01-23T14:31Z 76.8K followers, [----] engagements "As long as US policy makers red or blue continues to ignore the elephant in the roomunchecked debt creation and no real will to fix itinvestors will keep turning to hard assets as insurance against something eventually breaking. BREAKING: U.S. Government projected to shutdown this month amid rising national political tensions. 60% chance. https://t.co/vnCfkCLITh BREAKING: U.S. Government projected to shutdown this month amid rising national political tensions. 60% chance. https://t.co/vnCfkCLITh" [X Link](https://x.com/Ole_S_Hansen/status/2015381962832159178) 2026-01-25T11:11Z 76.6K followers, 13K engagements "Ahead of Fridays sharp reversal in USDJPY from above [---] to a one-month low below [---] speculators held the largest yen short position in [--] months. While the initial BOJ and Fed actions may have triggered some short covering USDJPY likely needs to fall further potentially below [------] before the yen begins to build momentum. The remaining six currencies saw limited action with positioning skewed toward the buy side most notably in GBP and AUD the latter seeing its net short position fall to a 13-month low. https://twitter.com/i/web/status/2015395346248028309" [X Link](https://x.com/Ole_S_Hansen/status/2015395346248028309) 2026-01-25T12:04Z 76.8K followers, 19.6K engagements "COT on #commodities covering managed money positions and changes made in the week to [--] January. A week where the BCOM Index rose 1.4% amid strong gains across a handful of commodities most notably natural gas silver diesel platinum and hogs. Speculators responded cautiously to these gains with natural gas seeing only modest net buying while net longs in both silver and platinum continued to be reduced amid position risks and volatility considerations. Buying of WTI and Brent continued lifting the combined net long to 236k from near flat last month. Broad weakness across the agriculture" [X Link](https://x.com/Ole_S_Hansen/status/2015403724471177413) 2026-01-25T12:37Z 76.8K followers, [----] engagements "@JeffHamilton82 Not at all. Speculators amid ample supply keeping markets in short-selling friendly contango" [X Link](https://x.com/Ole_S_Hansen/status/2015433799341949378) 2026-01-25T14:37Z 76.7K followers, [---] engagements "Nonot as long as bitcoins raison dtre remains largely speculative driven by greed and its ecosystem continues to facilitate capital flight and criminal financial activity. Unlike gold it lacks a long history as a trusted reserve asset and hedge against systemic risk. As such I do not see it as a credible strategic reserve alongside gold merely a speculative instrument that rise and fall with the general level of risk appetite https://twitter.com/i/web/status/2015444098929353104 https://twitter.com/i/web/status/2015444098929353104" [X Link](https://x.com/Ole_S_Hansen/status/2015444098929353104) 2026-01-25T15:18Z 76.5K followers, [--] engagements "Ourweekly Commitment of Traders update highlights futures positions and changes made by hedge funds across forex and commodities during the week ending Tuesday [--] January [----]. https://open.substack.com/pub/oleshansen/p/cot-update-silver-surges-withoututm_campaign=post-expanded-share&utm_medium=web https://open.substack.com/pub/oleshansen/p/cot-update-silver-surges-withoututm_campaign=post-expanded-share&utm_medium=web" [X Link](https://x.com/Ole_S_Hansen/status/2015754414661759316) 2026-01-26T11:51Z 76.8K followers, [----] engagements "Brutal but sadly one of the reasons alongside a broader breakdown in trust why the GTFOOA trade continues to gather momentum. When the worlds largest petroleum fund openly warns about the ultimate risk of confiscation it underlines just how far that erosion of trust has already gone. ICE https://t.co/xcpQXmhUBy ICE https://t.co/xcpQXmhUBy" [X Link](https://x.com/Ole_S_Hansen/status/2016404389699719338) 2026-01-28T06:54Z 76.7K followers, [---] engagements "DOE weekly ínventory data out with crude inventories rising a whopping 8534k while gasoline fell by 1407k: http://t.co/CmlJ87sF http://soc.li/yzZNS6C http://soc.li/yzZNS6C" [X Link](https://x.com/Ole_S_Hansen/status/248429186396598272) 2012-09-19T14:31Z 72.3K followers, [--] engagements "Brents ascent towards USD 120/barrel raises growth worries again http://t.co/OjnA5Ydd http://ow.ly/2uL93g http://ow.ly/2uL93g" [X Link](https://x.com/Ole_S_Hansen/status/299918154619035649) 2013-02-08T16:30Z 73K followers, [--] engagements "Brents ascent towards USD 120/barrel raises growth worries again http://t.co/WZSE5Fll http://www.tradingfloor.com/posts/brents-ascent-towards-usd-120barrel-raises-growth-worries-1519090399 http://www.tradingfloor.com/posts/brents-ascent-towards-usd-120barrel-raises-growth-worries-1519090399" [X Link](https://x.com/Ole_S_Hansen/status/299927488824487936) 2013-02-08T17:07Z 73K followers, [--] engagements "DOE Crude inventories rose more than expected while gasoline fell. Big reduction at Cushing should limit the fall http://t.co/8Tr817tGrf http://www.tradingfloor.com/posts/doe-crude-inventories-rose-expected-2624k-1218514239 http://www.tradingfloor.com/posts/doe-crude-inventories-rose-expected-2624k-1218514239" [X Link](https://x.com/Ole_S_Hansen/status/311849109734686721) 2013-03-13T14:39Z 73.2K followers, [--] engagements "Total #gold demand for ETPs and futures (Funds spec longs) hit 2727t in week to Jun [--]. A 4-wk jump of 427t" [X Link](https://x.com/Ole_S_Hansen/status/749588789853581312) 2016-07-03T13:01Z 73.1K followers, [--] engagements "#Commodities weekly: Buying fatigue hits #oil while #gold pops back above $1300/oz https://www.home.saxo/insights/content-hub/articles/2018/05/25/wcu-buying-fatigue-hits-oil-gold-pops-back-above-1300oz https://www.home.saxo/insights/content-hub/articles/2018/05/25/wcu-buying-fatigue-hits-oil-gold-pops-back-above-1300oz" [X Link](https://x.com/Ole_S_Hansen/status/999998008723984386) 2018-05-25T12:57Z 73K followers, [--] engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@Ole_S_Hansen Ole S Hansen
Ole S Hansen posts on X about silver, commodities, gold, in the the most. They currently have [------] followers and [---] posts still getting attention that total [------] engagements in the last [--] hours.
Engagements: [------] #
- [--] Week [-------] -63%
- [--] Month [---------] +80%
- [--] Months [---------] -92%
- [--] Year [----------] +1,206%
Mentions: [--] #
- [--] Week [--] -12%
- [--] Month [---] +45%
- [--] Months [---] +109%
- [--] Year [---] +3.50%
Followers: [------] #
- [--] Week [------] +0.33%
- [--] Month [------] +5.50%
- [--] Months [------] +14%
- [--] Year [------] +18%
CreatorRank: [-------] #
Social Influence
Social category influence finance #4911 currencies #1106 countries 13.75% travel destinations 6.88% stocks 3.75% cryptocurrencies 1.25% financial services 0.63% technology brands 0.63% exchanges 0.63%
Social topic influence silver #617, commodities #25, gold #1342, in the 10.63%, copper #753, market #1760, gas #939, shanghai #467, bloomberg #27, iran 5.63%
Top accounts mentioned or mentioned by @saxobank @johnjhardy @moritzseibert @calculocapital @oleshansennotep187089389utmsourcenotesshareactionrzuj1 @oleshansennotep188120509utmsourcenotesshareactionrzuj1 @cmegroup @quantuminvesto @oleshansen @mpbhh @eastendjoe @erikstownsend @unfao @charliebilello @businessinsider @udiz @financelancelot @jeffhamilton82
Top assets mentioned Goldman Sachs (GS)
Top Social Posts
Top posts by engagements in the last [--] hours
"#Copper: Ahead of the Lunar New Year demand lull exchange-monitored inventory stocks continue to surge higher up [----] kt to a fresh multi-year high at [---] kt. All three exchanges seeing stockpiles build led by Shanghai (+15.9 kt) LME (+8.3 kt) and Comex (7.9 kt)"
X Link 2026-02-06T10:21Z 79.1K followers, 19.4K engagements
"Finally some relief for investors in Chinas only pure silver fund the UBS SDIC Silver Fund which reopened today after being limit down since [--] January. The 41% decline over that period however could have been significantly worse were it not for investors continued willingness to pay a substantial premium to net asset value. https://twitter.com/i/web/status/2020783136766861586 https://twitter.com/i/web/status/2020783136766861586"
X Link 2026-02-09T08:53Z 79.1K followers, [----] engagements
"#Commodities #Gold holds above USD [----] after weak US retail sales reinforced expectations of Fed rate cuts pushing the dollar and US Treasury yields lower ahead of todays delayed January payrolls report. Technical resistance is seen near USD [----] and a break above could open for a move toward USD [----] the 61.8% retracement of the recent correction. Meanwhile #silver volatility continues to ease with more orderly price action also emerging in Shanghai ahead of the extended Lunar New Year holiday. #CrudeOil trades firmer with Brent back above USD [--] as Middle East tensions sustain a modest"
X Link 2026-02-11T07:41Z 79.1K followers, 10.3K engagements
"In #silver those pinning their 'hopes' on another squeeze are currently focusing on COMEX registered stocks versus open interest in the March contract which reaches first notice day on [--] February. The narrative is that potential deliveries could exceed available stocks. Several reasons why this is unlikely to become a constraint: a) Open interest typically falls sharply ahead of the notice (delivery) period as positions are rolled forward or closed. b) Delivery unfolds across the whole delivery month until [--] March and only shorts can initiate delivery by issuing notices after which the"
X Link 2026-02-12T09:38Z 79.1K followers, 40.7K engagements
"Market Quick Take - [--] February [----] via @saxobank https://social.saxo/8wzfngq https://social.saxo/8wzfngq"
X Link 2026-02-13T07:27Z 79.1K followers, [----] engagements
"#Commodities The Bloomberg Commodity Index is heading for a modest weekly decline of around 1% as Thursdays AI-disruption-driven risk-off tone dented risk appetite and triggered broad risk reduction from systematic and automated trading models. Losses have been most pronounced in energy led by natural gas (-8%) and gasoil (-3%). Industrial and precious metals have also softened with copper aluminium silver and platinum trading lower while gold is little changed supported by already light positioning and continued underlying demand. In contrast grains are enjoying a strong week up around 2% on"
X Link 2026-02-13T07:30Z 79.1K followers, 11.2K engagements
"Over the past two weeks US #natgas stockpiles have dropped by more than [---] bcf and with projections pointing to the risk of another sizeable draw next week the market could be left vulnerable if the cold spell extends into March. Inventories fell by [---] bcf last week to [-----] tcf leaving stocks 5.5% below the five-year average. Meanwhile the #NG_f contract is trading at a four-week low at $3.14. support after moving within a wide $3.00 to $7.82 range so far this year"
X Link 2026-02-13T08:19Z 79.1K followers, [----] engagements
"BOOM Total exchange-monitored #copper stocks have exceeded [--] million tons after a 19th consecutive weekly build rising by [----] kt to [----] kt. All three major exchanges recorded increases led by Shanghai (+23.6 kt to [-----] kt) and London (+20.6 kt to [-----] kt). Activity typically slows ahead of Chinas Lunar New Year holiday before picking up again in early March this time with ample supply available. A sustained inventory overhang may weigh on nearby spreads and limit upside momentum in the absence of fresh macro or supply disruptions. https://twitter.com/i/web/status/2022309104962658657"
X Link 2026-02-13T13:57Z 79.1K followers, 28.4K engagements
"The BCOM TR Index tracked among others by the $CMOD ETF trades near a four-month high. It surged 130% between [----] and [----] before retracing around [---] and has now traded sideways for a year. Although not yet confirmed that sideways behaviour show signs of ending #commodities"
X Link 2024-04-03T13:52Z 78.8K followers, [----] engagements
"In the "Open Interest" series on Top Traders Unplugged I recently joined my friend Philip and @moritzseibert to take a deep dive into the world of commodities with focus on @CalculoCapital a short-term quantitative hedge fund based in Denmark https://www.toptradersunplugged.com/podcast/navigating-the-commodity-markets-with-calculo-capital-ft-ole-hansen-philip-carlsson/ https://www.toptradersunplugged.com/podcast/navigating-the-commodity-markets-with-calculo-capital-ft-ole-hansen-philip-carlsson/"
X Link 2025-04-24T08:20Z 79K followers, [----] engagements
"EURNOK on the move breaking technical support to trade at a three-month low. While the Norges Bank is expected to keep rates unchanged at 4% the NOK has also been supported by the latest runup in gas prices which has seen the TTF contract jump 40% in the past two weeks"
X Link 2026-01-22T08:34Z 78.8K followers, [----] engagements
"#Commodities The Bloomberg Commodity Total Return Index is heading for another record weekly close up 4% and marking its strongest three-week run in almost four years. While precious metals continue to do most of the heavy lifting the energy sector also posted solid gains this week driven primarily by a surge in U.S. natural gas prices amid an incoming and potentially disruptive winter storm. The laggards were concentrated in the softs sector led by cocoa (-12%) followed by coffee (-2.1%) and cotton. In #gold and #silver the big round numbers of USD [----] and USD [---] are now within reach after"
X Link 2026-01-23T06:53Z 78.8K followers, 11K engagements
"Commodities weekly Hard assets hard weather: metals lead gas shocks cocoa cracks. The Bloomberg Commodity Total Return Index is heading for yet another record weekly close up more than 4% and marking its strongest three-week run in almost four years. The index has gained 8.3%% this month and 19.5% over the past year broadly in line with the MSCI All World Index while still comfortably outperforming the major U.S. stock indices. https://open.substack.com/pub/oleshansen/p/commodities-weekly-hard-assets-hardr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true"
X Link 2026-01-23T13:32Z 79.1K followers, [----] engagements
"When metals and energy perform in tandem the commodities sector tends to roar. The Bloomberg Commodity Total Return Index has already gained +12% this month and unlike last yearwhen gold and silver did most of the heavy lifting2026 has so far delivered a much broader-based advance with agriculture the notable absentee. https://twitter.com/i/web/status/2016429850395857022 https://twitter.com/i/web/status/2016429850395857022"
X Link 2026-01-28T08:35Z 78.9K followers, 17.6K engagements
"Meanwhile speculators (Managed money & Other Reportables) in the three major ICE and CME traded WTI and Brent contracts held a combined net long of just 144k contracts in the latest reporting week to [--] January. Up from an October record low at 24k but below the one-year average at 204k. https://twitter.com/i/web/status/2016496356328722933 https://twitter.com/i/web/status/2016496356328722933"
X Link 2026-01-28T12:59Z 78.8K followers, [----] engagements
"One for the record books. The Bloomberg Commodity Total Return Index is heading for its strongest monthly gain in decades up 15% and eclipsing several double-digit months seen between [----] and [----] when China entered the global stage and accumulated raw materials at a breakneck pace. While precious metals are doing much of the heavy lifting the breadth of the rally across the commodity complex is notable. #commodities https://twitter.com/i/web/status/2016774864992903320 https://twitter.com/i/web/status/2016774864992903320"
X Link 2026-01-29T07:26Z 78.9K followers, 11.3K engagements
"#Copper extending its slump following yesterday's 11% surge a move that was purely short covering and speculative in nature with current fundamentals not supporting a move of this magnitude at this point. Exchange-monitored warehouse stocks show a 14th consecutive weekly rise of [---] kt to 929kt with increases being led by Shanghai (+7 kt) and COMEX (11.4 kt). Copper jumps 10% to a fresh record high and while the macro conditions remain in place (rate cuts demand for hard assets new demand themes) most of the micro drivers are not supporting this move. A couple of examples: a) The spot-3s"
X Link 2026-01-30T10:06Z 78.9K followers, 28.5K engagements
"A classic example of how a price shock can kill demand. #Cocoa has slumped to around USD [----] per ton for the first time since [----] as consumers cut back and chocolate makers reduce cocoa content in some products. Bloomberg reports that cocoa processors in Europe the worlds largest consuming region saw bean grindings in Q4 fall to the lowest level in data going back to [----]. With demand weakening forecasts are now pointing to supply surpluses in the coming years adding further downward pressure on prices and renewed challenges for farmers in West Africa."
X Link 2026-01-30T12:52Z 79K followers, 20.8K engagements
"Silver will rebound but todays collapse shows why gold will continue to be the ultimate safe haven. A semi industrious metal can rally but only for so long without eventually killing demand and causing a rush of supply from scrap sellers"
X Link 2026-01-30T18:30Z 79K followers, 84.4K engagements
"Short selling by market makers is a direct consequence of hedging the long delta accumulated from a record amount of call options bought by retail investors. As these options were aggressively promoted on social media like X and Reddit with unrealistic profit expectations dealers were forced to sell futures to remain delta-neutral. These short hedges are not directional bets and will be unwound gradually as options decay are closed or expire. https://twitter.com/i/web/status/2018026058159632779 https://twitter.com/i/web/status/2018026058159632779"
X Link 2026-02-01T18:18Z 79K followers, 28.7K engagements
"Chinas only pure-play silver fund UBS SDIC Silver Futures Fund with a CNY [----] billion market cap reopened after a Friday's suspension only to see its premium surge toward 60%despite repeated risk warnings from the company highlighting an unusual disconnect from the underlying silver price. This move is probably less about silver itself and more about what it says regarding investor anxiety. Chinese investors appear increasingly willing to pay almost any price for perceived capital protection amid ongoing concerns around growth property-market fragility low deposit rates and limited"
X Link 2026-02-02T14:38Z 78.9K followers, 51.3K engagements
"#Silver has staged a strong rebound today but it is still too early to conclude whether this move represents more than a classic dead-cat bounce. From a technical perspective as shown in the chart the recovery remains tentative unless prices reclaim USD [-----] and preferably USD [-----]. Until the market plumbing is fixed with volatility easing and liquidity improving erratic trading in both directions is likely to persist. https://twitter.com/i/web/status/2018693327428649440 https://twitter.com/i/web/status/2018693327428649440"
X Link 2026-02-03T14:29Z 79K followers, 63.8K engagements
"#Silver suffered a sharp reversal during the Asian session wiping out two days of gains. Heavy selling emerged in the Chinese futures market and on the CME after failing to break resistance at USD [-----] the 38.2% retracement of the recent slump. Weaker Chinese demand ahead of Lunar New Year combined with reports of a large short position by a Chinese investor further soured sentiment. At the same time the Shanghai spot premium over London slid to a three-week low. Chinas only pure silver fund which closed at a 60% premium to NAV last Thursday remains limit down leaving investors unable to"
X Link 2026-02-05T06:36Z 79K followers, 53.1K engagements
"Shanghai leading today's slump with premiums narrowing"
X Link 2026-02-05T06:36Z 79K followers, 12.7K engagements
"The UBS SDIC Silver Futures Fund China's only pure-silver fund has not traded since Thursday when it closed at a 60% premium to NAV. Suspended on Friday only to suffer four consecutive days being down by the daily limit of 10%"
X Link 2026-02-05T06:36Z 79K followers, 34.1K engagements
"The slump in global #container #freight rates continues ahead of the Lunar New Year lull which typically lasts until early March when Chinese factories and exporters are fully back online. This past week the Drewry Composite recorded its steepest decline since September falling 7% to USD [----] per 40-foot container. The sharpest drops were seen on ChinaEU routes partly reflecting a gradual return of shipping traffic to the Red Sea via the Suez Canal which shortens voyage times and lowers transport costs. https://twitter.com/i/web/status/2019383109016293564"
X Link 2026-02-05T12:10Z 78.8K followers, [----] engagements
"Before anyone keels over with excitement over this discovery it is worth quietly noting that aggregate daily volume in the SHFE silver contract over the past two months has averaged around [----] million contracts. Todays total turnover of [---] million contracts while elevated - which can be expected considering the wide trading range - has been exceeded on several occasions during that period. But I suppose facts don't matter if they don't fit the narrative This is the most incredible thing I believe ever happened in the history of commodity markets in Asia. ⚠👇 [-------] contracts traded at the"
X Link 2026-02-05T12:24Z 79K followers, 48.6K engagements
"Pandora A/S has warned of slowing sales growth this year citing among other factors its exposure to highly volatile #silver prices. In response the Danish jeweller has accelerated efforts to diversify its metal mix with plans to shift around half of its product range toward #platinum-plated jewellery. The relative valuation backdrop underscores the logic: a decade ago one ounce of platinum bought more than [--] ounces of silver. That ratio has since collapsed to a record low below [--] highlighting just how dramatically silver has outperformed platinum over the period. Chart source: Bloomberg"
X Link 2026-02-05T12:50Z 79K followers, [----] engagements
"Another CME margin hike makes sense given the ongoing turmoil and extreme price swings. The ATR on #SI_f is currently at a record USD 14.17/oz or 19.3% meaning the latest increase has merely brought margin requirements in line with daily price volatility. Yesterdays slump in cryptocurrencies triggered broader deleveraging with heavy liquidations in tokenised silver products feeding through into selling pressure across COMEX futures ETFs and swaps. CME MARGIN HIKE ALERT ON Gold and Silver A third MARGIN increase within [--] days. Maintenance increases A 11% increase for gold futures A 20%"
X Link 2026-02-06T09:10Z 78.8K followers, 19.3K engagements
"Commodities weekly - A violent correction in precious metals combined with equity and crypto weakness triggered broad deleveraging and a shift toward defensive positioning across #commodities https://substack.com/@oleshansen/note/p-187089389utm_source=notes-share-action&r=zuj1 https://substack.com/@oleshansen/note/p-187089389utm_source=notes-share-action&r=zuj1"
X Link 2026-02-06T14:07Z 78.8K followers, [----] engagements
"COT on #forex covering the week to [--] February showed a speculative positioning heavily skewed toward US dollar selling despite a modest rebound in the greenback that week. As a result the gross short across the eight IMM currency futures more than doubled to a six-month high of USD [----] billion. https://twitter.com/i/web/status/2020439232834142237 https://twitter.com/i/web/status/2020439232834142237"
X Link 2026-02-08T10:07Z 78.8K followers, [----] engagements
"Net buying was seen in all but one of the eight currencies led by a 24% increase in the euro net long to [------] contracts equivalent to USD [---] billion. Additional net long increases of around USD [---] billion were recorded in JPY CAD and AUD. Euro and Canadian dollar longs are now the largest since August [----] while the Australian dollar net long reached its highest level since December [----]. https://twitter.com/i/web/status/2020439236466331978 https://twitter.com/i/web/status/2020439236466331978"
X Link 2026-02-08T10:07Z 78.8K followers, [----] engagements
"The weekly COT update covering managed-money positioning across [--] major commodity futures markets captured the historic price reversals in metals. In the reporting week to last Tuesday (3 Feb) #gold fell 3.6% #silver slumped 21.4% and #platinum dropped 12.9%. Faced with increasingly challenging trading conditions managed-money accountswhich for several weeks had been selling into the rally amid rising volatility higher exchange margins and growing VAR constraintsaccelerated their deleveraging. Gold net longs were cut by 23% to [-----] contracts the lowest since October; silver net longs fell"
X Link 2026-02-08T10:44Z 78.9K followers, 16.7K engagements
"Beyond metals the reporting week to [--] February saw broad-based buying across crude oil and refined products with the combined crude oil net long rising by 65.4k contracts to 341.3k a six-month high and a marked rebound from near-flat positioning at the start of the year. The grains sector recorded net buying across all three major crops while soft commodities remained under pressure led by heavy net selling in sugar and coffee. Livestock continues to stand out as the most favoured agricultural sector with speculators holding a net long in the three contracts valued at USD [--] billion. More in"
X Link 2026-02-08T10:56Z 79K followers, 10.5K engagements
"#Silver: In China the deflation of the speculative bubblefollowing exchange measures to curb excessive trading and ahead of the Lunar New Year holidaycontinues to sap interest with both traded volumes and notably open interest on the Shanghai Futures Exchange declining"
X Link 2026-02-09T08:53Z 79K followers, 13.4K engagements
"Market Quick Take - [--] February [----] via @saxobank https://social.saxo/viroeba https://social.saxo/viroeba"
X Link 2026-02-10T07:46Z 79K followers, [----] engagements
"#Commodities #CrudeOil trades steady after a two-day advance with the Iran-related risk premium continuing to ebb and flow. Brent however is struggling to break convincingly above USD [--] amid speculation that the risk of higher oil pricesand the impact of rising fuel costscould ultimately push President Trump toward a negotiated settlement with Iran. Such an outcome would reduce the risk of conflict and by extension the threat of a major supply disruption from the Middle East. #Gold holds above USD [----] following a two-day gain supported in part by reports that Chinese regulators have advised"
X Link 2026-02-10T07:51Z 79K followers, 11.8K engagements
"#Commodities #Sugar futures slid to a five-year low at [----] cents/lb and have now more than halved since the November [----] peak above [--] cents/lb pressured by prospects of a bumper Brazilian crop that is set to widen the global surplus while the risk of producer hedging may add further downside pressure. The downturn has also been reinforced by a sharper-than-expected slowdown in sugar consumption across the US and other developed economiespartly linked to the growing uptake of GLP-1 weight-loss drugs which curb appetite for the sweetener. #Gold eased back from above USD [----] and #silver from"
X Link 2026-02-12T07:41Z 79K followers, [---] engagements
"Global #container #freight rates continue to ease into the Lunar New Year slowdown albeit at a more measured pace than in recent weeks. The Drewry Composite Index fell 1.1% this week to USD [----] per 40ft box marking a ten-week low with weakness seen across the four main ChinaEurope and ChinaU.S. routes. The index is now down 13% year-to-date and 38% compared with a year ago. From Bloomberg Intelligence: "Liners can expect weaker bookings through early March when Chinese factories and exporters fully reopen after the holiday. The resumption of Suez Canal passage is gaining momentum led by"
X Link 2026-02-12T14:05Z 79.1K followers, [----] engagements
"COT data for #silver in the week to [--] February showed another notable decline in open interest to a five-month low as speculators (managed money and other reportables) further reduced their net long. At the same time short covering including the unwinding of hedges drove position reductions among producers and banks (swap dealers)"
X Link 2026-02-15T11:40Z 79.1K followers, 13.4K engagements
"Meanwhile JPY positioning held steady after Prime Minister Takaichis landslide election victory. An initial attempt to weaken the yen was met with verbal intervention from the finance minister and senior currency officials both signalling readiness to act against excessive volatility potentially indicating a USDJPY line in the sand near [---] above which authorities appear reluctant to tolerate further yen weakness at this stage a stance that probably helped further challenge the relatively small speculative short position held as of last Tuesday"
X Link 2026-02-15T10:56Z 79.1K followers, [----] engagements
"Market Quick Take - [--] February [----] via @saxobank https://social.saxo/jk8oy2w https://social.saxo/jk8oy2w"
X Link 2026-02-16T07:34Z 79.1K followers, [----] engagements
"#Gold rallied back above USD [----] on Friday recovering from a USD [---] slide the previous day after a softer US CPI print pushed bond yields lower and lifted rate-cut expectations. China a key engine behind the month-long rally in precious metals and selected industrial metals will remain closed through [--] February potentially limiting additional upside in the near term. Key levels to watch are USD [----] on the downside and USD [----] on the upside. https://twitter.com/i/web/status/2023301921847611505 https://twitter.com/i/web/status/2023301921847611505"
X Link 2026-02-16T07:42Z 79.1K followers, 16.4K engagements
"#Silver: In order to better gauge the true spread between spot silver prices on the Shanghai Gold Exchange and London it is necessary to adjust for Chinas 13% VAT which applies to physical delivery. Once this tax component is stripped out the SGE premium peaked yesterday at just over 5% before easing back today towards 1%. The VAT itself is not new the current 13% rate has been in place since [----] but because it is proportional to price it has mechanically inflated the headline Shanghai-over-London spread as silver has surged to much higher price levels."
X Link 2026-01-27T11:36Z 79.1K followers, 204.9K engagements
"A further normalisation between Shanghai and the West is reflected in the premium paid for physical bars in Shanghai over London"
X Link 2026-02-09T08:53Z 79.1K followers, [----] engagements
"COT on #commodities: The latest COT report covering managed money positioning in the week to Tuesday [--] February captures a period during which the Bloomberg Commodity Index traded broadly flat. Gains in crude oil gasoline gold and notably grains were offset by weaknesses across industrial metals including the semi-industrial precious metals silver and platinum as well as natural gas soft commodities and livestock. In energy crude oil buying extended to an eighth consecutive week albeit at a slower pace with the combined net long in Brent and WTI rising by 10.6k contracts to an eight-month"
X Link 2026-02-15T11:31Z 79.1K followers, [----] engagements
"Our Commitment of Traders update highlights futures positions and changes made by hedge funds and other speculators across #commodities and #forex during the week to last Tuesday [--] February [----]. https://substack.com/@oleshansen/note/p-188120509utm_source=notes-share-action&r=zuj1 https://substack.com/@oleshansen/note/p-188120509utm_source=notes-share-action&r=zuj1"
X Link 2026-02-16T09:32Z 79.1K followers, [----] engagements
"The #silver conspiracists are having a field day claiming the @CMEGroup worried about a thin order book shut down its entire platform to prevent a breakout. Needless to say thats complete nonsense. And before the comment area lights up like a Christmas tree do note I have been bullish on silver since [----] and expect prices to climb further in the coming months. On a more serious note it has been a long while since weve seen an outage of this duration. Thankfully it arrived on a relatively quiet trading day with many US participants enjoying a long Thanksgiving break"
X Link 2025-11-28T09:07Z 79.1K followers, 96.3K engagements
"The continued surge across metals especially #gold and #silver is entering a dangerous phase in my opinion. In my many years following markets I have seen this dynamic play out several times across commoditiesand occasionally in other asset classes as well. The problem is volatility feeding on itself. As price swings intensify liquidity thins. Banks and market makers struggle to warehouse risk especially as their lifelinethe basis between physical and futuresbecomes increasingly erratic. When their willingness to quote prices in size fades liquidity deteriorates and volatility blows out. Does"
X Link 2026-01-29T10:47Z 79.1K followers, 117.7K engagements
"$MSTR - Bitcoin briefly falls below Microstrategys breakeven price at $76037"
X Link 2026-01-31T19:09Z 79.1K followers, 18.1K engagements
"#Platinum with its inferior liquidity went through a 34% top to bottom correction retracing 50% of the rally from last year's April low. Just like gold and silver it is now finding a fresh bid supported by its once again relative cheapness to gold after the ratio jumped from a three-year low at [----] to [----] currently. From a technical perspective the first area of resistance can be found ahead of $2295 followed by $2415 https://twitter.com/i/web/status/2018597410604187758 https://twitter.com/i/web/status/2018597410604187758"
X Link 2026-02-03T08:08Z 79.1K followers, 12.5K engagements
"While $SLV turnover has started to normalise interest in call options has continued to build as prices fell further suggesting many traders still view the move as an opportunity. In effect any sharp rebound carries the risk of a repeat as option sellers would be covering their negative gamma though the buying of ETFs or futures. https://twitter.com/i/web/status/2019705935816478847 https://twitter.com/i/web/status/2019705935816478847"
X Link 2026-02-06T09:33Z 79.1K followers, 19.7K engagements
"Key observations from EIA's weekly update: #Crudeoil stocks rose by [---] million barrels the largest weekly increase in a year driven by strong import flows into the Gulf Coast and a [---] mb/d rebound in production to [----] mb/d. #Gasoline inventories climbed to their highest level since April [----] reflecting a recent winter-related slowdown in mobility. Overall however implied gasoline demand remains broadly unchanged compared with the previous two years. https://twitter.com/i/web/status/2021847164930982286 https://twitter.com/i/web/status/2021847164930982286"
X Link 2026-02-12T07:21Z 79.1K followers, [----] engagements
"@quantum_investo Not bearish at all. Long term bullish and actually impressed by its current performance. Main message right now is not to chase the market and be patient"
X Link 2026-02-13T19:32Z 79.1K followers, [---] engagements
"Gold: stretched but structurally supported Over the past two decades whenever #gold traded more than 20% above its 200-day moving average the spread has ultimately reverted to zero and in several episodes overshot. That relationship appeared to break in [----] when golds breakout above USD [----] signalled the start of a historic rally culminating last month at USD [----] when the metal traded more than 30% above its 200-DMA. Since then the spread has narrowed to around 22.5% still elevated by historical standards. This raises the question of whether a deeper correction or extended consolidation -"
X Link 2026-02-16T13:33Z 79.1K followers, [---] engagements
"AI-drivenearnings concerns triggered renewed equity volatility and crosssector selling as markets attempt to price in the disruptive reach of AI. Commodities got caught in the AI cross winds but continue to outperform supported by geopolitical risk supply challenges and resilient demand. https://open.substack.com/pub/oleshansen/p/commodities-weekly-ai-disruptionr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true https://open.substack.com/pub/oleshansen/p/commodities-weekly-ai-disruptionr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true"
X Link 2026-02-13T13:35Z 79.1K followers, [----] engagements
"U.S. core and headline CPI rose 2.5% over the last [--] months"
X Link 2026-02-13T14:04Z 79.1K followers, [----] engagements
"COT on #forex covering non-commercial positioning across eight IMM futures in the week to [--] February. Speculators sold the USD for a third consecutive week lifting the gross short by $2.4 bn to nearly $20 bn the largest non-commercial bet on a weaker dollar since last June"
X Link 2026-02-15T10:42Z 79.1K followers, [----] engagements
"The euro net long rose to 180k contracts ($27 bn equivalent) the highest since May [----] and just 31k contracts below the [----] record peak. Almost uninterrupted net buying of CAD since November has flipped positioning from a 160k net short to a 13.3k net long the most bullish stance since [----]. Meanwhile the AUD another resource-linked currency climbed to 33.2k contracts just [---] contracts shy of the [----] peak and the highest level since [----]. An unfolding political and economic crisis in the UK provided the only notable support for the dollar with the GBP net short jumping 86% to 26k"
X Link 2026-02-15T10:42Z 79.1K followers, [----] engagements
"Gold: stretched but structurally supported Over the past two decades whenever #gold traded more than 20% above its 200-day moving average the spread has ultimately reverted to zero and in several episodes overshot. That relationship appeared to break in [----] when golds breakout above USD [----] signalled the start of a historic rally culminating last month at USD [----] when the metal traded more than 30% above its 200-DMA. Since then the spread has narrowed to around 22.5% still elevated by historical standards. This raises the question of whether a deeper correction or extended consolidation -"
X Link 2026-02-16T13:33Z 79.1K followers, 11.1K engagements
"Who bought #Chevron last Friday I wonder Reporter: Did you speak with the oil companies before the operation Did you tip them off Trump: Before and after. They want to go in and theyre going to do a great job. https://t.co/zxOG648Ww0 Reporter: Did you speak with the oil companies before the operation Did you tip them off Trump: Before and after. They want to go in and theyre going to do a great job. https://t.co/zxOG648Ww0"
X Link 2026-01-05T16:11Z 74.9K followers, [----] engagements
"Market Quick Take - [--] January [----] via @saxobank https://social.saxo/ivgvonf https://social.saxo/ivgvonf"
X Link 2026-01-06T07:34Z 74.3K followers, [----] engagements
"#Commodities Oil steadied after reversing early losses on Monday as traders balanced Venezuela-related geopolitical risk against persistent concerns about a global supply glut. Brent rebounded from below USD [--] to around USD [-----] following the weekend capture of Venezuelas president by U.S. forces. U.S. energy equities led the gains with oil majors refiners and oilfield service companies rising on expectations that American firms could eventually be involved in rebuilding Venezuelas oil industry. That said the market remains mindful that any meaningful recovery in Venezuelan production would"
X Link 2026-01-06T07:39Z 74.3K followers, [----] engagements
"Gold silver and platinum regain momentum as [----] opens with familiar risks and new tensions #XAU #XAG #XPT via @saxobank https://social.saxo/uhrampl https://social.saxo/uhrampl"
X Link 2026-01-06T11:34Z 75K followers, [----] engagements
"It's back Ourweekly Commitment of Traders update highlights futures positions and changes made by hedge funds across #forex and #commodities during the week ending Tuesday [--] December [----]. via @saxobank https://social.saxo/abmt9sn https://social.saxo/abmt9sn"
X Link 2026-01-06T13:43Z 74.7K followers, [----] engagements
"COMEX #Silver position breakdown covering the week to [--] December. The much-touted swap-dealer short often cited by conspiracy theorists as a looming threat to several Wall Street banks held steady around 23k contracts equivalent to roughly 25% of average daily turnover"
X Link 2026-01-06T13:55Z 74.3K followers, [----] engagements
"COMEX #Silver position breakdown covering the week to [--] December. The much-touted swap-dealer short often cited by conspiracy theorists as a looming threat to several Wall Street banks held steady around 23k contracts equivalent to roughly 25% of average daily turnover. In other words a manageable position which like the speculative long has been gradually reduced in recent months as rising prices lifted the positions nominal value. https://twitter.com/i/web/status/2008544569189630357 https://twitter.com/i/web/status/2008544569189630357"
X Link 2026-01-06T14:21Z 74.4K followers, 11.9K engagements
"Metals 😯 - and we are only four trading days into a new year"
X Link 2026-01-06T15:50Z 74.4K followers, 37.2K engagements
"Metals comment: #Gold #silver and #platinum are trading sharply lower as traders lock in profits following a three-day run of strong gains. A key near-term risk is the annual rebalancing of major commodity index funds such as the S&P GSCI and the Bloomberg Commodity Index which runs for five business days from [--] January. This once-yearly rules-based process realigns index weights back to predefined targets after a year of uneven performance across sectors and individual commodities. While the resulting futures flows are price-insensitive and purely technical they can still have a noticeable"
X Link 2026-01-07T06:55Z 75K followers, 59.7K engagements
"Joining @johnjhardy on todays #podcast to discuss the latest developments across #commodities including crude oil Venezuela and Iran copper and nickel and not least the annual commodity index rebalancing and its potential market impact especially on gold and silver. Today's Saxo Market Call - talking geopolitics and crude and big commodity rebalancing incoming with @Ole_S_Hansen as well as equities Macro and FX and more. https://t.co/OMB5stoqGj With host @johnjhardy Today's Saxo Market Call - talking geopolitics and crude and big commodity rebalancing incoming with @Ole_S_Hansen as well as"
X Link 2026-01-07T12:12Z 74.4K followers, [----] engagements
"Near-term risks: commodity index rebalancing in focus A key near-term risk for precious metals is the annual rebalancing of major commodity index funds such as the S&P GSCI and Bloomberg Commodity Index which runs for five business days from today. This onceyearly rulesbased process realigns index weights back to their predefined targets after a year of uneven price performance across sectors and individual commodities. Following a strong [----] for gold (+62.5%) and silver (139%) and additional gains into early [----] indextracking funds are required to reduce exposure to recent outperformers"
X Link 2026-01-08T07:58Z 75.1K followers, 20.3K engagements
"Market Quick Take - [--] January [----] via @saxobank https://social.saxo/osjaerw https://social.saxo/osjaerw"
X Link 2026-01-08T08:14Z 74.4K followers, [----] engagements
"#Gold and #silver face a test of strength as annual index rebalancing begins via @saxobank https://social.saxo/td1d99c https://social.saxo/td1d99c"
X Link 2026-01-08T10:29Z 75.1K followers, 50.4K engagements
"Global #container #freight rates extended a recent run of weekly gains to six with the Drewry Composite up 42% since late November. In the past week alone the index climbed 15.5% to USD [----] per 40-foot box the highest level since July. The latest surge has been driven by sharply higher costs on the main ChinaUS routes with Los Angeles rates up 50% and New York up 45% while to Europe the smaller ChinaGenoa route has jumped 69%. Rising demand ahead of the Lunar New Year holiday combined with general rate increases imposed by carriers is underpinning the spike across Transpacific lanes. Despite"
X Link 2026-01-08T12:31Z 74.7K followers, [----] engagements
"@MPBHH @EastEndJoe Facts no longer matter Michael at least for now. This has nothing to do with security as the US for decades had the opportunity to install and run installations around Greenland. It's all about a little guy's quest for power and expansion"
X Link 2026-01-08T13:10Z 74.4K followers, [--] engagements
"#Cocoa which will return to the BCOM Index for the first time in decades with a weighting of 1.71% trades 2.8% higher on the day at USD [----]. The move probably reflecting traders front-running a significant amount of index-related buying over the next five days estimated by Goldman Sachs at around 29k lotsequivalent to 23% of current open interest and roughly [----] times average daily volume. Whether #CC_f extends further will depend on how much of this demand has already been discounted. From a technical perspective current price levels offer limited incentive to initiate fresh exposure."
X Link 2026-01-08T13:53Z 74.6K followers, 26.3K engagements
"U.S. October trade deficit narrows to $29.4 billion smallest since [----]. Driven by a sharp pullback in imports notably pharmaceuticals. YoY imports are down 3.6% while exports are up 12.1%"
X Link 2026-01-08T14:22Z 74.4K followers, [----] engagements
"RBC : "Looking beneath the surface the vast majority of the uptick in exports can be attributed to the $6.8b increase in non-monetary gold exports (accounts for 97% of the increase in exports in October)""
X Link 2026-01-08T16:04Z 74.4K followers, [----] engagements
"In the COMEX gold options market someone paid around USD [---] million for the right to get long almost USD [---] million worth of gold at an October strike price of USD 6500/oz. A pretty chunky ticket by any standard"
X Link 2026-01-08T17:53Z 74.3K followers, [---] engagements
"@ErikSTownsend I removed the post as I wanted to check a bit deeper. The details came from a London based bullion trader. I have not got my screen in front of me but it looks like a low delta (0.07) outright bet"
X Link 2026-01-08T18:51Z 74.4K followers, [----] engagements
"The market was is ill prepared for additional crude disruptions https://www.bloomberg.com/news/articles/2026-01-08/investors-turn-most-bearish-on-oil-in-almost-10-years-goldman-finds https://www.bloomberg.com/news/articles/2026-01-08/investors-turn-most-bearish-on-oil-in-almost-10-years-goldman-finds"
X Link 2026-01-08T21:53Z 74.4K followers, [----] engagements
"Commodities am comment: Oils January roller-coaster continues with prices rebounding firmly as focus returns to rising tensions around Iran and President Trumps threat to support the ongoing uprising against the Ayatollah-led regime. In addition the annual commodity index rebalancing is set to direct cash flows back into futures markets while Goldman Sachs notes that investors hold the most bearish view on crude in almost a decadeboth factors that could reinforce albeit temporarily bullish momentum. Gold steadied on the back of heightened geopolitical risk indirectly lending support to silver"
X Link 2026-01-09T07:07Z 74.5K followers, [---] engagements
"#Commodities European morning comment: #CrudeOils January roller-coaster continues with prices rebounding firmly as focus returns to rising tensions around Iran and President Trumps threat to support the ongoing uprising against the Ayatollah-led regime. In addition the annual commodity index rebalancing is set to direct cash flows back into futures markets while Goldman Sachs notes that investors hold the most bearish view on crude in almost a decadeboth factors that could reinforce albeit temporarily bullish momentum. #Gold steadied on the back of heightened geopolitical risk indirectly"
X Link 2026-01-09T07:12Z 74.5K followers, [----] engagements
"#Crude trades higher for a second day extending its January roller-coaster ride with the focus now on Iran where the risk of near-term supply disruptions is outweighing the prospect of a future supply pickup should the regime collapse. At the same time traders remain poorly positioned for a rebound while the ongoing commodity index rebalancing will add a layer of mechanical buying. Technically resistance sits just below USD [--] in #WTI. A clear break above this level could open the door for a move toward the USD [----] area. https://twitter.com/i/web/status/2009543831981551949"
X Link 2026-01-09T08:32Z 74.5K followers, [----] engagements
"Short-term top in #copper Copper stocks monitored by the three major futures exchanges rose on the week to a fresh eight-year high of [---] kt. Shanghai inventories climbed by [--] kt to [---] kt while ongoing shipments to COMEXdriven by the persistent threat of tariffslifted stocks there by [----] kt to [---] kt leaving 59% of all visible exchange stocks held in the US. LME inventories meanwhile fell by [---] kt to [---] kt. Copper prices hit a fresh record high earlier in the week despite reports that industrial users in China have scaled back purchases as they struggle to pass higher costs on to"
X Link 2026-01-09T09:19Z 75.1K followers, 13.8K engagements
"Nuclear/uranium stocks and their related ETFs have made a strong start to the year following a Q4-2025 correction. Gains are being led by the highly speculative stock $OKLO which at one point surged 800% last year before subsequently losing around two-thirds of its value. The company has no commercial revenues and continues to run sizable operating losses making it a very speculative bet in a capital-intensive and heavily regulated corner of the advanced nuclear space. It is also worth noting that spot U3O8 prices have barely moved highlighting that the recent rally is being driven almost"
X Link 2026-01-09T09:45Z 75.1K followers, [----] engagements
"#Agriculture: The @UNFAO Food Price Index averaged [-----] points in December down 2.3% YoY with a sector breakdown showing annual declines being led by sugar (-24%) dairy (-7.7%) and cereals (-3.7%) and only partly offset by some strength in meat (+3.4%) and veg. oils (+1.6%) https://twitter.com/i/web/status/2009599731069014467 https://twitter.com/i/web/status/2009599731069014467"
X Link 2026-01-09T12:14Z 74.5K followers, [----] engagements
"COMEX #Gold options: among this week's top ten most traded strikes we find yesterday's big ticket in the October [----] Call where someone bought [----] contracts and paid around $31/oz or USD [---] million. Delta on the trade is around [----] so even a move to $5000 would only lift the delta to [----] https://twitter.com/i/web/status/2009609406363627565 https://twitter.com/i/web/status/2009609406363627565"
X Link 2026-01-09T12:53Z 74.8K followers, 18.3K engagements
"US Jobs report for December: headline payrolls change weak (37k vs. 71k exp) and revisions negative but strong household survey (4.4% unemploment rate vs. 4.5% exp and 4.6% previous) - so mixed and no big shocker"
X Link 2026-01-09T13:32Z 74.5K followers, [----] engagements
"Commodities weekly: Geopolitics and index rebalance in focus as [----] begins via @saxobank https://social.saxo/mlqi417 https://social.saxo/mlqi417"
X Link 2026-01-09T14:02Z 74.5K followers, [----] engagements
"Have a great weekend all. This guy and his own morality will undoubtedly give us more volatility next week and beyond"
X Link 2026-01-09T19:31Z 74.5K followers, [----] engagements
"#Cocoa tumbled 12% on Friday after front-running buyers who had positioned for a rebalancing-driven spike were forced to unwind. Two days into this exercise markets are once again not behaving as many had anticipated with gold and silver rising while cocoa moves sharply lower. It is a timely reminder that there are no free meals in markets and that well-flagged events often fail to deliver the price impact that headline trade flows might otherwise suggest. #Cocoa which will return to the BCOM Index for the first time in decades with a weighting of 1.71% trades 2.8% higher on the day at USD"
X Link 2026-01-10T11:28Z 74.8K followers, 27.3K engagements
"A bumpy US market awaits on Monday following Trumps latest attempt to avoid a midterm meltdown. Here is the reality of capping credit card interest rates at 10%. Lenders and consumer finance platforms like $SOFI $AXP $COF $DFS $NU and $MELI along with issuing banks such as $JPM $BAC $C and $WFC rely on risk-based pricing to cover credit losses funding costs https://t.co/WR5gXC0IJW Here is the reality of capping credit card interest rates at 10%. Lenders and consumer finance platforms like $SOFI $AXP $COF $DFS $NU and $MELI along with issuing banks such as $JPM $BAC $C and $WFC rely on"
X Link 2026-01-10T14:06Z 74.8K followers, 16.1K engagements
"Extraordinary. America's health secretary takes time out from decimating his country's child-vaccine programme to stick up for the rights of medical fraudsters in Germany - and garbles the name of the health secretary in the process. Dying to know the back story to this. Extraordinary. America's health secretary takes time out from decimating his country's child-vaccine programme to stick up for the rights of medical fraudsters in Germany - and garbles the name of the health secretary in the process. Dying to know the back story to this"
X Link 2026-01-10T22:55Z 74.4K followers, [----] engagements
"COT on #commodities covering the week to [--] January shows the new year starting with a burst of net selling across several sectors while heightened geopolitical tensions were met with a fair degree of uncertainty about their impact on prices. In energy crude oil (Brent and WTI) saw a modest reduction in the combined net long as prices slipped underlining a market where additional selling still appears to require a clear downside break that has yet to materialise. US natural gas extended its sharp sell-off with the net long cut by 36% on another week of heavy losses. In metals the renewed"
X Link 2026-01-11T09:29Z 75.7K followers, [----] engagements
"Gold hits a fresh record high as the Fed independence is one again called into question by Trump's latest attempt to influence the US Federal Reserve and dictate the direction of interest rates. The same was tried in Turkey and we all know how that went. Video message from Federal Reserve Chair Jerome H. Powell: https://t.co/5dfrkByGyX https://t.co/O4ecNaYaGH Video message from Federal Reserve Chair Jerome H. Powell: https://t.co/5dfrkByGyX https://t.co/O4ecNaYaGH"
X Link 2026-01-12T06:21Z 75.7K followers, 17.2K engagements
"#Commodities: Gold and silver pushed to fresh record highs in early Monday trading after Trump and his administration intensified their attack on the Federal Reserve by serving it with DOJ subpoenas fuelling concerns about central bank independence inflation and safety of US bonds. Gold approached USD [----] and silver spiked to USD [-----] as tight supply dynamics persist. Safe-haven demand has been underpinned by escalating unrest in Iran where ongoing protests continue to challenge the regime and stoke geopolitical risk premia. Oil prices held firm amid the same unrest in Iran which has raised"
X Link 2026-01-12T07:06Z 75.7K followers, 12.4K engagements
"Market Quick Take - [--] January [----] via @saxobank https://social.saxo/uunwiny https://social.saxo/uunwiny"
X Link 2026-01-12T09:00Z 74.8K followers, [----] engagements
"Ourweekly Commitment of Traders (COT) update highlights futures positions and changes made by hedge funds across #forex and #commodities during the week ending Tuesday [--] January [----]. via @saxobank https://social.saxo/fjum97b https://social.saxo/fjum97b"
X Link 2026-01-12T10:17Z 75.7K followers, [----] engagements
"Another morning another deluge of commentary from so-called silver experts playing the familiar manipulation tuneoften from people who either do not understand or choose not to understand what futures margin is and why it has to move with market conditions. Yesterday CME announced a shift in how it sets margins moving from a fixed dollar amount to a percentage of notional value with silver set at 9%. Historically that is probably not far from the long-term average. In a market where precious metals are trading with extreme intraday volatility CME has a clear obligation to manage the risk"
X Link 2026-01-13T07:20Z 75.5K followers, 20.6K engagements
"EU TTF #gas jumps to 31.4/MWh ($10.75/MMBtu) extending its rally to 13% over the past three sessions as weather forecasts point to frigid conditions potentially hitting both Europe and Asia over the next two weeks. That raises the risk of LNG cargoes being diverted away from Europe toward Asian markets forcing prices to remain competitive. Europes dependence on seaborne LNG continues to grow while gas storage is just 54% full well below the five-year seasonal average of 69% leaving the region increasingly exposed to the double risk of a cold-weather demand shock and competition from Asia for"
X Link 2026-01-13T09:12Z 75.1K followers, 12.1K engagements
"#CrudeOils rebound is gathering pace with both Brent and WTI trading at their highest levels since mid-November. The move reflects a classic short-covering and momentum-driven squeeze after many traders and investors entered the year positioned for lower prices amid widespread talk of a major supply glut into early [----]. Instead President Trumps move on Venezuelafar from guaranteed to restore production to previous levelstogether with persistent disruption risks in Iran has for now reintroduced a geopolitical risk premium into both WTI and Brent. So far the rally has been driven more by"
X Link 2026-01-13T13:37Z 74.8K followers, [----] engagements
"#CrudeOils rebound is gathering pace with both Brent and WTI trading at their highest levels since mid-November. The move reflects a classic short-covering and momentum-driven squeeze after many traders and investors entered the year positioned for lower prices amid widespread talk of a major supply glut into early [----]. Instead President Trumps move on Venezuelafar from guaranteed to restore production to previous levelstogether with persistent disruption risks in Iran has for now reintroduced a geopolitical risk premium into both WTI and Brent. So far the rally has been driven more by"
X Link 2026-01-13T13:41Z 75.9K followers, 21.1K engagements
"The annual rebalancing of the two major commodity indices is now in its fourth of five days and so far the market impact has to put it mildly been underwhelming. That highlights both the risk of placing too much faith in a well-flagged rules-based event and the underlying strength of demand for precious metals. Crude has benefited from the dual tailwinds of index buying and heightened geopolitical risk while cocoawhere fundamentals have softenedhas seen producer selling and wrong-footed longs offset much of the buying from Bloomberg Commodity Index trackers. Changes since last Wednesday's"
X Link 2026-01-13T13:52Z 76K followers, [----] engagements
"In today's #podcast I join @johnjhardy to take a closer look the precious metals and other commodities markets with a spotlight on silver and whether it is getting overdone here to the upside or if the rallies in gold and now silver are leading indicators of a more transformative repricing of the physical world relative to the paper/financialized world which could mean we're only getting started. https://saxostrats.podbean.com/e/what-logic-takes-silver-to-usd-250-an-ounce/ https://saxostrats.podbean.com/e/what-logic-takes-silver-to-usd-250-an-ounce/"
X Link 2026-01-13T14:53Z 74.8K followers, [----] engagements
"Makes sense With trading in silver and gold at record levels were launching new 100-Ounce Silver futures to improve access to a wider range of participants enabling them to benefit from the liquidity and efficiencies that our futures markets provide. Read the press release here https://t.co/pDJsUjGBuq With trading in silver and gold at record levels were launching new 100-Ounce Silver futures to improve access to a wider range of participants enabling them to benefit from the liquidity and efficiencies that our futures markets provide. Read the press release here https://t.co/pDJsUjGBuq"
X Link 2026-01-13T16:06Z 74.8K followers, [----] engagements
"#Commodities #Silver raced past USD [--] in Asia today hitting a high of USD [-----] as the parabolic rally continues despite technical indicators flashing overbought. Over the past month golds volatile junior has gained USD [--]. While it took [--] days to move from USD [--] to USD [--] the final USD [--] to USD [--] took just six days underlining an accelerating momentum-driven move fuelled by tight supply and FOMO. At some point the risk of industrial demand destruction will arrest the rally but that threshold has yet to be reached. #Gold and #copper also hit fresh record highs at USD 4639/oz and USD"
X Link 2026-01-14T06:47Z 76K followers, 19.1K engagements
"China's December trade data shows a major pick up in imports of key #commodities with crude coal gas and iron ore all hitting record highs. What do they know Crude oil: [----] m b/d +17% YoY Coal: [----] m tons +12% YoY Natural gas: [-----] m tons +16.3% YoY Iron ore: [-----] m tons +6.4% YoY Copper ore & concentrates: [---] m tons +7.3% YoY Soybeans: [--] m tons +1.3% YoY https://twitter.com/i/web/status/2011364258924069291 https://twitter.com/i/web/status/2011364258924069291"
X Link 2026-01-14T09:06Z 76K followers, 20K engagements
"Silver at USD 90: when hard-asset demand meets momentum #Silver #XAG #XAUXAG https://open.substack.com/pub/oleshansen/p/silver-at-usd-90-when-hard-assetr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true https://open.substack.com/pub/oleshansen/p/silver-at-usd-90-when-hard-assetr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true"
X Link 2026-01-14T12:05Z 75K followers, [----] engagements
"Silver at USD 90: when hard-asset demand meets momentum https://open.substack.com/pub/oleshansen/p/silver-at-usd-90-when-hard-assetr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true https://open.substack.com/pub/oleshansen/p/silver-at-usd-90-when-hard-assetr=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true"
X Link 2026-01-14T12:08Z 75K followers, [----] engagements
"Jewellery and silverware alone likely account for around [------------] tonnes of #silver globally. Set against an expected 950-tonne supply deficit in [----] it would in theory take only a small amount of old spoons forks and necklaces to eliminate it. The world has not run out of silver; it is simply held in a different form than the one industry investors and futures markets are currently demanding. What matters for price is not how much silver exists but how much can be economically and quickly mobilised into bars and coins and therein lies the current challenge. (Source: Metal Focus/Silver"
X Link 2026-01-14T13:17Z 76K followers, 55.8K engagements
"@charliebilello Don't ruin the party Charlie"
X Link 2026-01-14T14:08Z 75.1K followers, [----] engagements
"#Silvers 14-day exponential ATR trades near 6% signalling a shift from an orderly market to a volatility-dominated squeeze regime. Daily price swings in percentage terms are now more than double their three-year norm meaning much of what traders see on the screen reflects forced flows margin dynamics option hedging and short covering rather than genuine supply-demand price discovery. In this environment technical levels lose reliability stops are easily triggered and even correct macro views struggle to survive short-term noise. The message from ATR is not that silvers bull trend is over but"
X Link 2026-01-14T15:00Z 75.9K followers, 32.4K engagements
"Silver tumble on news President Donald Trump is holding off on new tariffs targeting imports of critical minerals following a months-long review to determine whether foreign shipments threatened US national security. (BBG)"
X Link 2026-01-15T01:57Z 75.1K followers, 58.3K engagements
"#Commodities from crude oil to key metals from gold and silver to platinum and copper all slid after Trump signalled he may hold off on attacking Iran for now and after the U.S. held off imposing tariffs on imports of critical minerals easing a key concern that in recent months had driven unusually large flows of metal into the US ahead of a potential announcement. #Silver saw a sharp reversal after hitting a fresh record high at USD [-----] but has since found a bid near Tuesdays lows around USD [-----] potentially signalling that the momentum- and tight supply-led rally continues to attract"
X Link 2026-01-15T06:49Z 75K followers, [---] engagements
"#Commodities from crude oil to key metals from gold and silver to platinum and copper all slid after Trump signalled he may hold off on attacking Iran for now and after the U.S. held off imposing tariffs on imports of critical minerals easing a key concern that in recent months had driven unusually large flows of metal into the US ahead of a potential announcement. #Silver saw a sharp reversal after hitting a fresh record high at USD [-----] but has since found a bid near Tuesdays lows around USD [-----] potentially signalling that the momentum- and tight supply-led rally continues to attract"
X Link 2026-01-15T06:54Z 75K followers, [----] engagements
"#Commodities from crude oil to key metals from gold and silver to platinum and copper all slid after Trump signalled he may hold off on attacking Iran for now and after the U.S. held off imposing tariffs on imports of critical minerals easing a key concern that in recent months had driven unusually large flows of metal into the US ahead of a potential announcement. #Silver saw a sharp reversal after hitting a fresh record high at USD [-----] but has since found a bid near Tuesdays lows around USD [-----] potentially signalling that the momentum- and tight supply-led rally continues to attract"
X Link 2026-01-15T07:02Z 76K followers, 13.2K engagements
"Market Quick Take - [--] January [----] via @saxobank https://social.saxo/7pyflf5 https://social.saxo/7pyflf5"
X Link 2026-01-15T07:55Z 75K followers, [----] engagements
"Silver rally pause on 'no-tariff' outcome but speculators want more #XAG #XAUXAG https://open.substack.com/pub/oleshansen/p/silver-rally-pause-on-no-tariff-outcomer=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true https://open.substack.com/pub/oleshansen/p/silver-rally-pause-on-no-tariff-outcomer=zuj1&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true"
X Link 2026-01-15T09:08Z 75.7K followers, [----] engagements
"Global #container #freight rates trade softer for the first time in seven weeks with the Drewry Composite down 4.4% this week to USD 2445/40ft box. Weaker price action seen on all the major China channels led by a 10% and 7% declines on the NY and LA routes. Overall the index is 37% lower than a year ago"
X Link 2026-01-15T10:39Z 75K followers, [----] engagements
"#Commodities #crudeoil #gold #silver #copper #macro via @saxobank https://social.saxo/ecnhjxz https://social.saxo/ecnhjxz"
X Link 2026-01-15T14:17Z 76.1K followers, [----] engagements
"#Silver: When speculators crash with the real world the real world always win - eventually. https://www.bloomberg.com/news/articles/2026-01-16/silver-s-rally-slams-solar-makers-already-struggling-with-lossesutm_source=website&utm_medium=share&utm_campaign=twitter https://www.bloomberg.com/news/articles/2026-01-16/silver-s-rally-slams-solar-makers-already-struggling-with-lossesutm_source=website&utm_medium=share&utm_campaign=twitter"
X Link 2026-01-16T06:08Z 74.8K followers, [----] engagements
"Market Quick Take - [--] January [----] via @saxobank https://social.saxo/xea8hnj https://social.saxo/xea8hnj"
X Link 2026-01-16T07:54Z 75.5K followers, [----] engagements
"#Commodities The now rebalanced Bloomberg Commodity Index is heading for a weekly gain of around 1% with gains in precious metals and energy offsetting losses across agriculture and end of week softness across industrial metals. At the individual level silver is once again doing the heavy lifting with a 14% gain followed by diesel at 2.7% and gold at 2.5% while losses are led by cocoa (-7%) corn (-6%) and sugar (-2.1%). After a roller-coaster week the energy sector is up 1% supported by natural gas and refined fuel products. Oil softened further down 4.5% over the past two days after the US"
X Link 2026-01-16T07:54Z 75K followers, [----] engagements
"#Copper trades lower after hitting a record high earlier in the week as near-term fundamentals struggle to keep pace with prices potentially signalling a period of consolidation. Exchange-monitored stockpiles rose by [--] kt on the week to [-----] kt the highest level in almost eight years. Increases were seen across all exchanges led by Shanghai where inventories rose [--] kt to [-----] kt a nine-month high while continued inflows into COMEX lifted stocks to a fresh record high of [-----] kt"
X Link 2026-01-16T08:01Z 75.7K followers, 18.4K engagements
"Silver's price has skyrocketed but one key factor could cap the rally via @businessinsider https://www.businessinsider.com/silver-price-today-industrial-demand-outlook-forecast-solar-panels-2026-1utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter https://www.businessinsider.com/silver-price-today-industrial-demand-outlook-forecast-solar-panels-2026-1utmSource=twitter&utmContent=referral&utmTerm=topbar&referrer=twitter"
X Link 2026-01-16T08:07Z 75.9K followers, 13.6K engagements
"Panama expects to decide in the coming months whether to restart a vast mine that has become one of the biggest uncertainties in the global copper market. If restarted it could add almost 2% to global supply. https://www.bloomberg.com/news/articles/2026-01-15/panama-targets-june-decision-on-fate-of-shuttered-copper-mineutm_source=website&utm_medium=share&utm_campaign=twitter https://www.bloomberg.com/news/articles/2026-01-15/panama-targets-june-decision-on-fate-of-shuttered-copper-mineutm_source=website&utm_medium=share&utm_campaign=twitter"
X Link 2026-01-16T08:17Z 76.3K followers, 10.9K engagements
"#Silver and #copper are seeing some end-of-week selling primarily driven by news from China the main engine behind the recent run-up in metal prices where regulators have ordered exchanges to remove servers operated by high-frequency traders. In addition rising copper stockpiles and signs of softening demand have reversed prices from a record high earlier in the week. Silver is also being weighed down by lower position limits and reports that industrial users are struggling with record-high prices. Finally the no-tariff decision is likely to encourage silver flows from COMEX back to London"
X Link 2026-01-16T14:20Z 76.1K followers, 46.8K engagements
"In metals the managed money long in COMEX gold rose 10% to 136.5k on fresh buying while the silver's continued surge drove a 15% reduction to 15k a 22-month low. Platinum and palladium held steady while copper saw net selling for a third week"
X Link 2026-01-17T14:25Z 76.3K followers, 14.7K engagements
"COT on #commodities covering managed money positions in the week to [--] January. More in my Monday update"
X Link 2026-01-17T14:31Z 76K followers, [----] engagements
"Did Putin write that Hopefully the beginning of the end for this sick narcissist President Donald J. Trump has announced that he will impose a 10% tariff on all goods entering the United States from Denmark Finland France Germany the Netherlands Norway Sweden and the United Kingdom on February [--] until Denmark agrees to sell Greenland also citing https://t.co/845LSUarHY President Donald J. Trump has announced that he will impose a 10% tariff on all goods entering the United States from Denmark Finland France Germany the Netherlands Norway Sweden and the United Kingdom on February [--] until"
X Link 2026-01-17T19:17Z 75.7K followers, 18K engagements
"The only language the dictator in waiting in Washington understands is money so unfortunately it will probably require a serious slump in the U.S. stock market before he backs down. Note U.S. markets are closed Monday for MLK Jr day"
X Link 2026-01-18T11:24Z 75.3K followers, [---] engagements
"The only language the dictator-in-waiting in Washington appears to understand is money meaning it may unfortunately take a serious slump in the U.S. stock market before he backs down. Note that U.S. markets are closed on Monday for Martin Luther King Jr. Day"
X Link 2026-01-18T11:26Z 75.7K followers, [----] engagements
"Nasdaq trades -1% and Dax -1.2% on IGs weekend trading platform"
X Link 2026-01-18T17:25Z 75.7K followers, 25.3K engagements
"Gold and silver which both faced some profit-taking pressure on Friday jumped to fresh record highs as renewed geopolitical tensions resurfaced. Trumps aggressive push to take over Greenland has deepened an already widening geopolitical fault line between the US and Europe. Combined with ongoing Iran risks concerns about Fed independence and investor aversion to the dollar and US government bonds amid rising fiscal debt worries the underlying demand for hard assets remains firm"
X Link 2026-01-19T06:44Z 75.7K followers, 22.2K engagements
"#Commodities #Gold hit a fresh record above USD [----] while #silver paused after almost reaching USD [--] amid rising concern over the Trump administrations aggressive stance toward global peers most recently through Greenland-related tariff threats that have reignited trade tensions. Together with worries about Federal Reserve independence and growing unease toward the dollar and U.S. government bonds amid rising fiscal debt demand for hard assets remains firm supported by their lack of credit risk absence of an issuer and long history as a store of value during periods of political and"
X Link 2026-01-20T07:04Z 75.7K followers, [----] engagements
"Gold 10-year JGB yields and the NATO ETF all pointing in the same direction as all three moves reflect the same underlying regime shift: higher geopolitical risk rising fiscal stress and the end of ultra-cheap Japanese liquidity that has quietly underpinned global asset markets for decades. Source: Bloomberg https://twitter.com/i/web/status/2013557909536358902 https://twitter.com/i/web/status/2013557909536358902"
X Link 2026-01-20T10:23Z 76.3K followers, 24.6K engagements
"If one does others are likely to follow. The CIO saying The U.S. is basically not a good credit and long-term the U.S. government finances are not sustainable Trump have created credit risks too big to ignore 🚨 *DANISH PENSION FUND AKADEMIKERPENSION TO EXIT US TREASURIES 🚨 *DANISH PENSION FUND AKADEMIKERPENSION TO EXIT US TREASURIES"
X Link 2026-01-20T13:47Z 75.9K followers, 38.8K engagements
"@FinanceLancelot Unfortunately not this time"
X Link 2026-01-20T21:36Z 75.7K followers, [---] engagements
"In today's #podcast @johnjhardy runs through a number of possible outcomes from Davos after Trump touches down to negotiate with or browbeat European counterparts on the Greenland issue a continued focus on the implications of Japanese policy moves to address instability in its bond market the Mag7 leading the market lower and much more. https://saxostrats.podbean.com/e/dont-forget-rates-as-we-await-davos-octagon-or-davos-taco/adobe_mc=MCMID%3D89688797591029802807934927739611373155%7CMCORGID%3D173338B35278510F0A490D4C%2540AdobeOrg%7CTS%3D1768994312531"
X Link 2026-01-21T11:21Z 75.9K followers, [----] engagements
"EURNOK on the move breaking support to trade at a three-month low. The Norges Bank rate decision is due shortly with an unchanged rate at 4% expected"
X Link 2026-01-22T08:26Z 75.9K followers, [---] engagements
"Scary predictions about the economic and human impact if the current US weather forecasts turn out to be correct. I certainly hope not. Comments from U.S. based followers and readers of this most welcome so we can try to understand the situation better. Not a Prepper You May Want to Think Like One This Week If You Live Across the Southern and Eastern U.S. Matt Randolph is an oil and gas expert and a Forbes energy contributor who focuses on how power grids refineries pipelines LNG terminals and water systems behave under https://t.co/Vs0dRou81q Not a Prepper You May Want to Think Like One This"
X Link 2026-01-22T09:08Z 76K followers, 11.2K engagements
"The cat is out of the bag. One of the key reasons gold has been accumulated for months and is likely to remain in demand is the steady erosion of fiscal discipline in the United States. Irresponsible spending with little regard for deficits across multiple administrations red and blue alike has brought us to a point where reducing exposure is now openly discussed as trust in the U.S. under the current administration continues to weaken. 🚨🚨 NORDIC PENSION GIANTS RETHINK U.S. ASSETS Major Northern European investors are reassessing their exposure to U.S. assets as geopolitical tensions rising"
X Link 2026-01-22T21:58Z 76.6K followers, 26.5K engagements
"#Commodities The Bloomberg Commodity Total Return Index is heading for another record weekly close up 4% and marking its strongest three-week run in almost four years. While precious metals continue to do most of the heavy lifting the energy sector also posted solid gains this week driven primarily by a surge in U.S. natural gas prices amid an incoming and potentially disruptive winter storm. The laggards were concentrated in the softs sector led by cocoa (-12%) followed by coffee (-2.1%) and cotton. In #gold and #silver the big round numbers of USD [----] and USD [---] are now within reach after"
X Link 2026-01-23T06:46Z 76K followers, [----] engagements
"Just ahead of the #WinterStorm US #natgas inventories fell by [---] bcf well below the five-year average draw of [---] bcf leaving total stockpiles 6.1% above the seasonal norm. Over the past two years withdrawals have typically peaked around this time of year with the largest weekly draws reaching [---] bcf in [----] and [---] bcf in [----]. https://twitter.com/i/web/status/2014707590207320141 https://twitter.com/i/web/status/2014707590207320141"
X Link 2026-01-23T14:31Z 76.8K followers, [----] engagements
"As long as US policy makers red or blue continues to ignore the elephant in the roomunchecked debt creation and no real will to fix itinvestors will keep turning to hard assets as insurance against something eventually breaking. BREAKING: U.S. Government projected to shutdown this month amid rising national political tensions. 60% chance. https://t.co/vnCfkCLITh BREAKING: U.S. Government projected to shutdown this month amid rising national political tensions. 60% chance. https://t.co/vnCfkCLITh"
X Link 2026-01-25T11:11Z 76.6K followers, 13K engagements
"Ahead of Fridays sharp reversal in USDJPY from above [---] to a one-month low below [---] speculators held the largest yen short position in [--] months. While the initial BOJ and Fed actions may have triggered some short covering USDJPY likely needs to fall further potentially below [------] before the yen begins to build momentum. The remaining six currencies saw limited action with positioning skewed toward the buy side most notably in GBP and AUD the latter seeing its net short position fall to a 13-month low. https://twitter.com/i/web/status/2015395346248028309"
X Link 2026-01-25T12:04Z 76.8K followers, 19.6K engagements
"COT on #commodities covering managed money positions and changes made in the week to [--] January. A week where the BCOM Index rose 1.4% amid strong gains across a handful of commodities most notably natural gas silver diesel platinum and hogs. Speculators responded cautiously to these gains with natural gas seeing only modest net buying while net longs in both silver and platinum continued to be reduced amid position risks and volatility considerations. Buying of WTI and Brent continued lifting the combined net long to 236k from near flat last month. Broad weakness across the agriculture"
X Link 2026-01-25T12:37Z 76.8K followers, [----] engagements
"@JeffHamilton82 Not at all. Speculators amid ample supply keeping markets in short-selling friendly contango"
X Link 2026-01-25T14:37Z 76.7K followers, [---] engagements
"Nonot as long as bitcoins raison dtre remains largely speculative driven by greed and its ecosystem continues to facilitate capital flight and criminal financial activity. Unlike gold it lacks a long history as a trusted reserve asset and hedge against systemic risk. As such I do not see it as a credible strategic reserve alongside gold merely a speculative instrument that rise and fall with the general level of risk appetite https://twitter.com/i/web/status/2015444098929353104 https://twitter.com/i/web/status/2015444098929353104"
X Link 2026-01-25T15:18Z 76.5K followers, [--] engagements
"Ourweekly Commitment of Traders update highlights futures positions and changes made by hedge funds across forex and commodities during the week ending Tuesday [--] January [----]. https://open.substack.com/pub/oleshansen/p/cot-update-silver-surges-withoututm_campaign=post-expanded-share&utm_medium=web https://open.substack.com/pub/oleshansen/p/cot-update-silver-surges-withoututm_campaign=post-expanded-share&utm_medium=web"
X Link 2026-01-26T11:51Z 76.8K followers, [----] engagements
"Brutal but sadly one of the reasons alongside a broader breakdown in trust why the GTFOOA trade continues to gather momentum. When the worlds largest petroleum fund openly warns about the ultimate risk of confiscation it underlines just how far that erosion of trust has already gone. ICE https://t.co/xcpQXmhUBy ICE https://t.co/xcpQXmhUBy"
X Link 2026-01-28T06:54Z 76.7K followers, [---] engagements
"DOE weekly ínventory data out with crude inventories rising a whopping 8534k while gasoline fell by 1407k: http://t.co/CmlJ87sF http://soc.li/yzZNS6C http://soc.li/yzZNS6C"
X Link 2012-09-19T14:31Z 72.3K followers, [--] engagements
"Brents ascent towards USD 120/barrel raises growth worries again http://t.co/OjnA5Ydd http://ow.ly/2uL93g http://ow.ly/2uL93g"
X Link 2013-02-08T16:30Z 73K followers, [--] engagements
"Brents ascent towards USD 120/barrel raises growth worries again http://t.co/WZSE5Fll http://www.tradingfloor.com/posts/brents-ascent-towards-usd-120barrel-raises-growth-worries-1519090399 http://www.tradingfloor.com/posts/brents-ascent-towards-usd-120barrel-raises-growth-worries-1519090399"
X Link 2013-02-08T17:07Z 73K followers, [--] engagements
"DOE Crude inventories rose more than expected while gasoline fell. Big reduction at Cushing should limit the fall http://t.co/8Tr817tGrf http://www.tradingfloor.com/posts/doe-crude-inventories-rose-expected-2624k-1218514239 http://www.tradingfloor.com/posts/doe-crude-inventories-rose-expected-2624k-1218514239"
X Link 2013-03-13T14:39Z 73.2K followers, [--] engagements
"Total #gold demand for ETPs and futures (Funds spec longs) hit 2727t in week to Jun [--]. A 4-wk jump of 427t"
X Link 2016-07-03T13:01Z 73.1K followers, [--] engagements
"#Commodities weekly: Buying fatigue hits #oil while #gold pops back above $1300/oz https://www.home.saxo/insights/content-hub/articles/2018/05/25/wcu-buying-fatigue-hits-oil-gold-pops-back-above-1300oz https://www.home.saxo/insights/content-hub/articles/2018/05/25/wcu-buying-fatigue-hits-oil-gold-pops-back-above-1300oz"
X Link 2018-05-25T12:57Z 73K followers, [--] engagements
Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing