GLOSSARY

Ag Periodic table symbol for Silver
Au Periodic table symbol for Gold
CFTC Commodity Futures Trading Commission- as agency of the US Government that regulates futures and option markets.
CME Group Owner of the COMEX on which much of silver futures are traded
COT Commitment of Traders. A weekly report published by the CFTC that reports on future contract positions by different groups of traders.
ETF Exchange Traded Fund
JPM JP Morgan
MA(s) Moving Average(s), some technical traders heavily use the 50 & 200 day moving averages as trading signals
Mozs. Million ounces
Silver contract A futures contract controlling 5000 ozs. of silver
SLV The symbol for iShares an ETF (Exchange Traded Fund) that is backed by silver
TPTB The powers that be- a phrase used to refer to those individuals of groups who collectively hold authority over a particular domain.
USG US Government