Even though Comex Digital Gold is back to multi-year highs, the total contract open interest continues to decline. While this may be mostly due to the pending "expiration" of the Apr20 contract, the drop from alltime highs is remarkable. Even more remarkable is the utter collapse in the total open interest in Comex Digital Silver. So, the question becomes, what might this be telling us?
Let's start with CDG. As you know, the current front month is Apr20 and it goes off the board and into "delivery" on Monday. Since we're going to be paying a lot of attention to this over the next...
