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Gold price predictor

GOLDESSENTIAL (London) – The April COMEX gold options contract – based on the underlying benchmark April COMEX gold futures contract (GCJ10) - has 49 days left to expiration, and open interest has swelled to 208,743 lots as per February 3rd.

Strikes that currently draw attention are the 900$/oz April put option, which has an open interest of 12,675 lots, and the 1,200$/oz April call option with an open interest of 15,675 lots.
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Anyone know where they got the strike price? I know where to get the Commitment of Traders report that lists the Commercials' longs and shorts but it doesn't contain the strike price. Your analysis of the numbers?



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the whole comex structure

is a farce. it will crqash and burn one day. the writing is on the wall. its a gambling casino and has no real relation to the price of gold. it no better than the fiat paper the government issues. where is all the gold? its certainly not in the comex warehouse.

A run on physical gold would squeeze them and their shorts

into hell where they belong.

If only word got out that all that paper gold is backed by nothing.

the run has already

the run has already started..
http://stevequayle.com/News.alert/10_Money/100202.money.aler...

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

I wouldn’t bet either way with derivatives,

because that is all you are doing is betting. Might as well go to Vegas. Maybe a straddle might work in the secondary market because I don’t see the price fluctuating much in the short-term but I’d rather have it delivered

A true flower can not blossom without sunlight and a true man can not live without love.

I'm not betting options.

I'm not betting options.

Do you know what a put or

Do you know what a put or call option is? The question doesn't make sense.

But here's the info on options. At the right end of the April 10 row, click on "Call" or "Put."

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

Don't worry about "puts" and "calls" because

it is imperative to have physical
possession. Anything else is hogwash.

Usually

BUT when the prediction is predicated on gubmint cheatin thru the big banks, it's worth a second look.

Point.

More like a doubletake...

:)

~Live life to its fullest, with an open heart, open arms and most important... an open mind~

Thanks

Call the right to buy at the strike price, put to sell.

I've been following some gold and stock brokers who have accurately predicted when the price of gold will go up or down based on the open interest of the big commercials, JP Morgan, HSBC, Goldman Sachs who are acting on the behalf of the govt. Gold has a strong tendency to go down a few days before options expiration, and when the govt is selling a lot of treasuries, and when Bernanke and others are getting grilled, and when there's economic legislation they want passed.

FW, If anyone tells you they know

the lay of this economic wasteland
you should beat feet away from them.
This market has confounded the world's
best.

to see the stress

one has to look no further than london. real gold is in short supply and hard to come by. comex is a crime organization run by the banks you mention. where is the cftc? you can see they completely pulled the bids today and ran all the stops. another crime that goes unpunished.

to see the stress

one has to look no further than london. real gold is in short supply and hard to come by. comex is a crime organization run by the banks you mention. where is the cftc? you can see they completely pulled the bids today and ran all the stops. another crime that goes unpunished.