Loading ...Commitment of Traders Report
Silver
*The large specs increased their long positions by 726 contracts and increased their shorts by 19,889 contracts.
*The commercials increased their longs by 2,525 contracts and reduced their shorts by 16,962 contracts.
*The small specs increased their longs by 948 contracts and increased their shorts by 1,372 contracts.
GOLD
*The large specs decreased their long positions by 16,227 contracts and increased their shorts by 13,640 contracts.
*The commercials increased their longs by 4,020 contracts and reduced their shorts by 25,908 contracts.
BILL MURPHY COMMENTS=*The small specs increased their longs by 1,751 contracts and increased their shorts by 1,812 contracts.
Theoretically again, extremely constructive, especially silver, which has its so-called commercials getting less short over a one week period as any in memory. Two other reports over the past many weeks of similar note meant nothing. Maybe this one will … causing an expected short squeeze that never occurs.
As in those other supposedly constructive reports, there has no response in Access Market trading … probably due to the numbness factor.