The Commitment of Traders Report
Silver
*The large specs reduced their long positions by 13,902 contracts and reduced their shorts by 10,923 contracts.
*The commercials reduced their longs by 5,346 contracts and reduced their shorts by 11,035 contracts.
*The small specs decreased their longs by 2,262 contracts and increased their shorts by 448 contracts.
The commercials net short position was reduced to 54,647 contracts.
Gold
*The large specs decreased their long positions by 18,885 contracts and reduced their shorts by 1,270 contracts.
*The commercials reduced their longs by 28,127 contracts and decreased their shorts by 54,782 contracts.
*The small specs reduced their longs by 8,847 contracts and increased their shorts by 133 contracts.
The commercials net short position was reduced to 301,709 contracts.
It is run for the hills time. Spec longs getting out, cabal getting out. This will set up the physical market to take over and rule the day on the upside.