Loading ...Commitment of Traders Report
Silver
*The large specs decreased their long positions by 2,894 contracts and increased their shorts by 12,569 contracts.
*The commercials increased their longs by 8,728 contracts and reduced their shorts by 6,846 contracts.
*The small specs increased their longs by 2,184 contracts and increased their shorts by 2,285 contracts.
GOLD
*The large specs reduced their long positions by 10,549 contracts and increased their shorts by 8,668 contracts.
*The commercials increased their longs by 11,703 contracts and reduced their shorts by 9,837 contracts.
*The small specs decreased their longs by 1,708 contracts and increased their shorts by 615 contracts.
Well, from a theoretical standpoint and the way most will view that report, it is about as bullish as it ever gets. The shift in the silver large specs/commercials is as dramatic as it gets. And based on the open interest changes it should be more so as of yesterday.
Comments and input
*Trader Rog…
to bill from roger
hi bill,
it’s 4:00 and i just looked at the COT report.
i’m both in shock and disbelief. maybe it all just
some kind of mistake.
the commercials dropped 15,564 shorts and are
now only net short 709 contracts. if this is true,
it means the silver manipulation is over and the
price of silver can go to pluto.
i’m sure you’ll cover this one today.
best,
roger
i dumped my silver shorts at break even
at 10:00 this morning. it was finally a “good
friday