The Commitment of Traders Report
Silver
*The large specs increased their long positions by 5,145 contracts and increased their shorts by 618 contracts.
*The commercials decreased their longs by 432 contracts and increased their shorts by 4,110 contracts.
*The small specs decreased their longs by 823 contracts and decreased their shorts by 838 contracts.
GOLD
*The large specs increased their long positions by 61,698 contracts and increased their shorts by 24,323 contracts.
*The commercials increased their longs by 4,547 contracts and increased their shorts by 37,682 contracts.
*The small specs decreased their longs by 376 contracts and increased their shorts by 3,864 contracts.
The amount of new large spec buying in gold may be a record. Surprising to see the small gold specs get so much more short. All of that occurred before The Gold Cartel went into action on Wednesday.