Behind the scenes we have
noticed the very excited state of interest in gold at the COMEX, despite JP
Morgan's vault being almost empty of deliverable gold.
One can see for
themselves with the CME Group's , below is a screenshot of August, the next
delivery month, with orange representing those who are betting price will
fall (puts) and green, for those who are betting price will be higher (calls)
by the end of August.
The higher the spikes,
the more interest at that price. We selected a few to mark up, showing the
interest at the $1,400, $1,775 and $1,900 price levels.
Of course, you wouldn't
be on GoldSilver.com if we did not remind that these days PRICE rarely will
reflect VALUE, and one must always look at both sides of a trade (both the
goods or services you're buying or selling AND the value of the currency)
moving forward.
If you have not watched
Episiode 1 of our series, check it out now.
Behind the scenes we have
noticed the very excited state of interest in gold at the COMEX, despite JP
Morgan's vault being almost empty of deliverable gold.
One can see for
themselves with the CME Group's , below is a screenshot of August, the next
delivery month, with orange representing those who are betting price will
fall (puts) and green, for those who are betting price will be higher (calls)
by the end of August.
The higher the spikes,
the more interest at that price. We selected a few to mark up, showing the
interest at the $1,400, $1,775 and $1,900 price levels.
Of course, you wouldn't
be on GoldSilver.com if we did not remind that these days PRICE rarely will
reflect VALUE, and one must always look at both sides of a trade (both the
goods or services you're buying or selling AND the value of the currency)
moving forward.
If you have not watched
Episiode 1 of our series, check it out now.
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