RE:I posted this to friends and family...I appreciate the depth of your research in the gold market action. But I expect there are others like me who have some challenges understanding the information. I am missing some of the linkages and assumptions.. For Au, what I understand is that gold futures are sold up to one year in advance of the expiry date. I assume that there has to be a buyer and a seller so the market should be balanced. The buyers of the calls expect delivery of Au or compensation from the seller. Does your data show the puts? You suggest a significant imbalance? Who carries the liability? Pardon my ignorance but I think you are trying to provide some insight into what downward pressures are on the price of gold and silver. Can you summarize your conclusions?