BDR 0.00% 6.5¢ beadell resources limited

COTS Report

  1. 17,482 Posts.
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    Notice the Producers, Merchants and Processors are the biggest followed by the Swap dealers.
    So going by this it is the Producers and those that want to buy low who are shorting the POG.
    This could be China so they can buy lots of Gold for their new futures markets.
    Could also be the producers themselves taking hedging positions through the banks like they did a couple of years ago
    Also the banks figure significantly in these figures with  75,406 short contracts = 4,540,600 ounces short.

    However you interpret this it is interesting.

    Figures are in contracts.
    Each contract is for 100 troy ounces of 99.999% purity.


    COTS Report for 29 Nov 2016

    Producer, Merchant, Processor, User:
    long    short
    45,512    133,012

    Swap Dealers
    long short
    26,769 99,256

    Managed Money
    long   short
    159,758 56,366

    Other Reportables
      long short
    63,266   23,951

    Non Reportable
      long   short
    49,962    32,681

    Bank participation in Contracts
    L=long, S=Short, the last column is total open interest.

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7
    0 U.S.
    5
    L 8,537
    %1.6
    S 75,406
    %14.5
    495,525
    1 NON U.S.
    28
    18,951
    3.6
    83,178
    15.9
     
    2   33
    27,488
    5.3
    158,584
    30.4
     
 
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