Market Intelligence for Real-World Commodities
BullionMarketCap is a data-driven platform designed to track, contextualize, and analyze real-world commodities across physical, financialized, and tokenized markets.
Our Mission
The objective is not price prediction, but contextual awareness: crowd participation, leverage and speculation, cost pressure, and macro regime alignment.
We apply a market-cap style framework, participation metrics, and regime-based indicators to commodities such as gold, silver, oil, industrial materials, agriculture, and niche resources.
Core Design Principles
Backtest Integrity
All indicators use data that existed at time T, respect publication delays, and avoid revised macro series. Full historical accuracy is non-negotiable.
Asset-Agnostic Framework
The same analytical structure applies to gold, oil, uranium, agriculture, and tokenized commodities. Inputs may differ; methodology remains consistent.
Neutral, Index-Based
We report participation, positioning, regime state, and relative stress. No trading signals, forecasts, or recommendations.
Proprietary Indicators
Fear & Greed Index
Composite sentiment measure using momentum, volatility, gold/silver ratio, mining leverage, and real rates. Updated every 12 hours.
Gold Market Sentiment Index
Measures participation extremes using gold price deviation, real rates, USD pressure, and volatility regime.
Mining Leverage Index
GDX/Gold ratio normalized to percentile. Rising ratio indicates risk-on participation; collapsing ratio signals deleveraging.
Mining Speculation Index
GDXJ/GDX ratio measuring speculative behavior. Juniors outperforming indicates expansion; underperformance signals risk aversion.
Three Exposure Layers
Physical
- • Spot prices
- • Estimated supply
- • Production flow
Financialized
- • ETFs
- • Futures
- • Mining equities
- • Open interest
Tokenized
- • On-chain representations
- • Custody-backed tokens
- • Synthetic exposure
Disclaimer
BullionMarketCap does not issue forecasts, recommend trades, or promote specific tokens. We provide contextual market analytics only. This positioning is deliberate and foundational. All data is provided for informational purposes and should not be construed as investment advice.