Gold & Silver COT Report 1/25: Commercials Add a Massive 27 Milli
Gold & Silver COT Report 1/25: Commercials Add a Massive 27 Million Ounces to Silver Shorts!
Submitted by SD Contributor Marshall Swing:
Gold & Silver COT Report 1/25/13:
Commercials took 1,547 contracts off their longs on the week and increased a huge 3,819 shorts to end the week with 48.14% of all open interest, an increase of 0.18% in their share since last week, and now stand as a group at 236,990,000 ounces net short, which is an increase of 26,830,000 net short ounces from the previous week.
Large speculators upped their total by 2,900 longs and also added 379 short contracts increasing their net long position to 155,465,000 ounces, an increase in their net long position of just over 12.6 million ounces from the prior week.
Small speculators increased 1,050 longs to their total and sold off a sizeable 1,795 short contracts for a net long position of 81,525,000 ounces an increase of almost 10.8 million ounces net long from the prior week.
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