The Commitment of Traders ReportSilver
*The large specs increased their long positions by 9,680 contracts and reduced their shorts by 7,656 contracts.
*The commercials reduced their longs by 4,116 contracts and increased their shorts by 12,665 contracts.
*The small specs reduced their longs by 651 contracts and decreased their shorts by 96 contracts.
The commercials are net short 76,138 contracts.
Gold
*The large specs increased their long positions by 2,346 contracts and reduced their shorts by 3,403 contracts.
*There was no change in the commercials longs but they increased their shorts by 10,431 contracts.
*The small specs increased their longs by 4,849 contracts and increased their shorts by 167 contracts.
The commercials are net short 287,839 contracts.
The Gold Cartel can’t help themselves. Same drill over and over again. It appears the only way the silver market will ever go up in our lifetime is a JPM related Commercial Signal Failure. If the gold physical market overpowers the cabal, then that is what we ought to get in silver.
The odds of that occurrence in silver are probably a good deal higher than most people think.
Not. that it really matters anymore but another stinko COT report courtesy Murph tonite
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