Sentences with phrase «comex open interest»

Not exact matches

Since the failure of MF Global in 2011, COMEX gold open interest dropped from a peak of 650,000 contracts to a range of 370,000 to 450,000.

NYMEX crude oil is the largest oil futures contract in the world and has a current total open interest of around 1.6 million contracts and it would be impossible for any group of speculators to sell or buy 53 days of world production in a year or longer, no less in a week as just occurred in COMEX silver.

For example, a 26th January ZeroHedge article includes the following chart and implies that the high (542:1) ratio of open interest to «registered» gold could soon result in a COMEX default.