Loading ...The Commitment of Traders Report
Silver
*The large specs increased their long positions by 857 contracts and reduced their shorts by 2,022 contracts.
*The commercials decreased their longs by 1,190 contracts and increased their shorts by 3,604 contracts.
*The small specs increased their longs by 2,490 contracts and increased their shorts by 575 contracts. The commercials are net short 48,500 contracts. There has been no sign of anything but the JPM crowd getting more short.
Gold
*The large specs increased their long positions by 10,122 contracts and decreased their shorts by 21,223.
*The commercials reduced their longs by 25,503 contracts and increased their shorts by 10,272 contracts.
*The small specs increased their longs by 10,277 contracts and increased their shorts by 5,847 contracts.
The commercials are net short 151,400 contracts. The 36,000 increase in new commercial shorts took place since FedSpeak … on that theoretically bullish news for gold. The increase in small spec longs is the largest in memory.