COTS Report, page-2

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riverred

445 Posts.

05/12/16

11:37

Post #: 21104630

Originally posted by All4One ↑

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

1 U.S.
5
L 8,537
%1.6
S 75,406
%14.5
495,525

2 NON U.S.
28
18,951
3.6
83,178
15.9

3 33
27,488
5.3
158,584
30.4

Expand

Thanks for that, A4O.
Might be China, Russia, India, Middle East or a combo of these. Best not to disregard the fact that all these countries are accumulating gold.
Looks like our enemy's enemy is not necessarily our friend anymore. The rules of the game have changed. Gold longs to be on alert.
R.

BDR Price at posting: 31.0¢ Sentiment: Hold Disclosure: Held

2 Upvote

0 Great analysis

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

COTS Report, page-2

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