(Less than 1 % of
open interest in gold futures — which itself represents a small percentage of the global gold market — is actually settled in physical gold bullion.
The numbers presented above would suggest that both gold and silver will not be set - up to embark on a major move higher until the both the total
open interest in gold and the net short position in gold of the commercials banks declines by another 60 - 70k contracts.
Not exact matches
He said the liquidation is apparent
in the
gold futures market, where
open interest in November was 450,000 but is now 395,000.
On the other hand, the rise
in the ratio of
open interest to eligible
gold is unprecedented.
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.
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.
This would suggest that, minimally, the
open interest needs to drop by 60 - 70k contracts before the
gold COT structure can be considered favorable for a rally
in the price of
gold.
Because the price - movement of paper
gold relative to the size of the Comex
open interest is running
in higher
in defiance.
A high
open interest tends to correlate with a bearish COT structure — i.e. a high commercial bank net short — and a low relative o / i correlates with a cyclical low - point
in gold.
What's
interesting about the
opening sequence
in Oakland is that all three men
in the room - N'Jobu, T'Chaka, and Zuri - are seen wearing
gold necklaces.
on The Other Side of the Story with Janice Hardy Helpful Books for the Writing Process by Michelle Ule on Books & Such Literary Agency blog 3 Tips for Writing Heavy Emotional Scenes by Jami
Gold Don't Cheat the Reader by Sally Apokedak on Novel Rocket How to Infuse Your Writing with Nostalgia by Frank Angelone on Copyblogger The Secrets Behind Buried Dialogue: Part One and Part Two by Lynette Labelle Crafting Multi-Layered Characters by Marissa Graff on Adventures
in YA & Children's Publishing Writing Futuristic Fiction in (What Feels Like) a Science Fiction World by Imogen Howson on Pub (lishing) Crawl How to Spot Mary Sue in Your Writing by Ava Jae Taking the Road Less Taken (With Your Characters), guest post by Kristen Callihan on The Other Side of the Story with Janice Hardy The Ending Debate: Make Mine Hopeful by Marcy Kennedy Unusual Inspiration: Character Arcs Made Easy by Fae Rowen on The Writers In the Storm Blog 25 Things You Should Know About Writing Sex by Chuck Wendig Writing Craft: Action vs. Active Openings to Grab Attention by Kristin Nelson Writing Craft: Mechanics vs. Spark by Kristin Nelson on Pub Rants Writing Craft: Breaking the Rule: Show Don't Tell by Kristin Nelson on Pub Rants Give Characters Interesting Anecdotes by Mooderino on Moody Writi
in YA & Children's Publishing Writing Futuristic Fiction
in (What Feels Like) a Science Fiction World by Imogen Howson on Pub (lishing) Crawl How to Spot Mary Sue in Your Writing by Ava Jae Taking the Road Less Taken (With Your Characters), guest post by Kristen Callihan on The Other Side of the Story with Janice Hardy The Ending Debate: Make Mine Hopeful by Marcy Kennedy Unusual Inspiration: Character Arcs Made Easy by Fae Rowen on The Writers In the Storm Blog 25 Things You Should Know About Writing Sex by Chuck Wendig Writing Craft: Action vs. Active Openings to Grab Attention by Kristin Nelson Writing Craft: Mechanics vs. Spark by Kristin Nelson on Pub Rants Writing Craft: Breaking the Rule: Show Don't Tell by Kristin Nelson on Pub Rants Give Characters Interesting Anecdotes by Mooderino on Moody Writi
in (What Feels Like) a Science Fiction World by Imogen Howson on Pub (lishing) Crawl How to Spot Mary Sue
in Your Writing by Ava Jae Taking the Road Less Taken (With Your Characters), guest post by Kristen Callihan on The Other Side of the Story with Janice Hardy The Ending Debate: Make Mine Hopeful by Marcy Kennedy Unusual Inspiration: Character Arcs Made Easy by Fae Rowen on The Writers In the Storm Blog 25 Things You Should Know About Writing Sex by Chuck Wendig Writing Craft: Action vs. Active Openings to Grab Attention by Kristin Nelson Writing Craft: Mechanics vs. Spark by Kristin Nelson on Pub Rants Writing Craft: Breaking the Rule: Show Don't Tell by Kristin Nelson on Pub Rants Give Characters Interesting Anecdotes by Mooderino on Moody Writi
in Your Writing by Ava Jae Taking the Road Less Taken (With Your Characters), guest post by Kristen Callihan on The Other Side of the Story with Janice Hardy The Ending Debate: Make Mine Hopeful by Marcy Kennedy Unusual Inspiration: Character Arcs Made Easy by Fae Rowen on The Writers
In the Storm Blog 25 Things You Should Know About Writing Sex by Chuck Wendig Writing Craft: Action vs. Active Openings to Grab Attention by Kristin Nelson Writing Craft: Mechanics vs. Spark by Kristin Nelson on Pub Rants Writing Craft: Breaking the Rule: Show Don't Tell by Kristin Nelson on Pub Rants Give Characters Interesting Anecdotes by Mooderino on Moody Writi
In the Storm Blog 25 Things You Should Know About Writing Sex by Chuck Wendig Writing Craft: Action vs. Active
Openings to Grab Attention by Kristin Nelson Writing Craft: Mechanics vs. Spark by Kristin Nelson on Pub Rants Writing Craft: Breaking the Rule: Show Don't Tell by Kristin Nelson on Pub Rants Give Characters
Interesting Anecdotes by Mooderino on Moody Writing
In my quest to add some exposure to gold as an asset class to my portfolio I've opened a tracking position in another stock with interests in gold mining but, like with Aberdeen International, there is a bit of a twis
In my quest to add some exposure to
gold as an asset class to my portfolio I've
opened a tracking position
in another stock with interests in gold mining but, like with Aberdeen International, there is a bit of a twis
in another stock with
interests in gold mining but, like with Aberdeen International, there is a bit of a twis
in gold mining but, like with Aberdeen International, there is a bit of a twist.
In the
interests of all of our existing members,
Gold Circle will continue to remain
open until AerClub launches towards the end of 2016.
The
open beta is available to Xbox Live
Gold subscribers from today until February 8th, so if you're
interested in the title, you better get downloading as it's only here for five days.
If you're
interested in seeing what playing the player instead of the ball looks like, check out the alarmist site Only In It For the Gold, where Michael Tobis unleashes endless vicious ad hominem against any skeptics who raise their voice (his most recent was a long diatribe against Freeman Dyson, whom he apparently considers a geriatric buffoon), and opens threads on what names one should call «denialists», regularly bans commenters who argue a point too vociferously, or anyone claiming scientific credentials but arguing against «the consensus»
in seeing what playing the player instead of the ball looks like, check out the alarmist site Only
In It For the Gold, where Michael Tobis unleashes endless vicious ad hominem against any skeptics who raise their voice (his most recent was a long diatribe against Freeman Dyson, whom he apparently considers a geriatric buffoon), and opens threads on what names one should call «denialists», regularly bans commenters who argue a point too vociferously, or anyone claiming scientific credentials but arguing against «the consensus»
In It For the
Gold, where Michael Tobis unleashes endless vicious ad hominem against any skeptics who raise their voice (his most recent was a long diatribe against Freeman Dyson, whom he apparently considers a geriatric buffoon), and
opens threads on what names one should call «denialists», regularly bans commenters who argue a point too vociferously, or anyone claiming scientific credentials but arguing against «the consensus».