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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
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Dear Agoracom Family,
I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.
As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.
To this end:
1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.
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Sincerely,
George et al
Message: Big Drop in Comex Gold Open Interest
Big Drop in Comex Gold Open Interest
by Jesse at 2:02 PM
29 July 2010
The large drop in the August contract open interest (61,257) is to be expected since this is 'roll week' and those who are not standing for delivery will have to close their positions by Thursday night.
The new positions or 'rolls' into the October and December contracts totaled 40,372.
Recall that this was also an option expiration week.
Overall there was a net loss of 21,894 contracts.
It is too soon to tell if this was a capitulation that blew out the weak hands, but it looks as though it might have been one. The momentum traders will likely stand on the sidelines until gold can clear 1180, which was prior support. Traders have their eyes on the 200 DMA which is around 1145.
Comex Daily Bulletin #144 http://tinyurl.com/2647uzf 
Posted by Jesse at 2:02 PM
http://jessescrossroadscafe.blogspot.com/2010/07/big-drop-in-comex-gold-open-interest.html
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