Silver
*The large specs decreased their long positions by 3,027 contracts and reduced their shorts by 1,886 contracts.
*The commercials reduced their longs by 1,993 contracts and increased their shorts by 1,650 contracts.
*The small specs increased their longs by 2,456 contracts and reduced their shorts by 2,328 contracts.
GOLD
*The large specs increased their long positions by 35,150 contracts and reduced their shorts by 19,473 contracts.
*The commercials reduced their longs by 15,864 contracts increased their shorts by 43,226 contracts.
*The small specs increased their longs by 3,513 contracts and decreased their shorts by 954 contracts.
Comments…
*The report is a week old tomorrow.
*Silver was a dud and not good to see the small specs do what they did.
*Yikes in gold. The large spec/commercial switches led to last week’s price plunge.