Gold & Silver COT Report: The Bottom May be in As Small Specs Are Nearly NET SHORT!

goldCOTBy SD Contributor Marshall Swing:

Gold & Silver COT Report

With that surprise short covering in gold the bottom may be in and notice the commercials went very heavy longNOTICE THE SMALL SPECULATORS ARE ONLY 1082 CONTRACTS FROM BEING NET SHORT!!!!!!!!!!!!
THE GOLD SMALL SPECS ARE ONLY 67 CONTRACTS DIFFERENCE FROM BEING NET SHORT!!!!!!!!!!!!!!!

 

Don’t want to pay high premiums for Silver Eagles or Maples?
1 oz Silver Buffalos As Low As $1.99 Over Spot At SDBullion.com!

 

Apologies for the late update, just back from nice long weekend, no comments.

goldCOT

 

silverCOT

 

2013 Silver Eagles at SDBullion!

Comments

  1. I don’t know when it happened but I have become accustomed to numbers not doing what they say they will do in the short term.    I plan to continue being a bad dream for the banksters however.   yes sir ree bob.  More Silver please. 

  2. Well i got a little bit of money comming which my gran left me but having to wait for it to be transfered from spain, which is annoying as may not get it till end of the week, think i’ll spend half on some phyz and withdraw the rest soon as it’s in.
     

  3. How do you know what your silver and Gold are worth in the event of a total fiat collapse?

  4. This is the bottom folks!
     
    START STACKING!!!!!!!!!!!!!!!!!!!!!!!
     
    https://www.youtube.com/watch?v=fyklt01lN_I

  5. Oooh, weee. Because of the premiums, I ordered gold this time instead of silver. Just received mu 20 AGEs 10 minutes ago. Stoked!!!!

  6. Until I see the big short come close to eliminating their short position, I will not get to excited. JPM is still about 18,000 contracts net short.

  7. I hope so it’s a long way home. That being said. until the ability of TPTB to cause waterfall declines is gone, technical and fundamental analysis is like pissing into the wind

  8. As I was saying… lol… I drive to work, and am greeted by silver falling off a cliff. again… still.. That being said Iw ould guess the ABSOLUTE bootom is in, but either way, we’re still f**ked until we aren’t.

  9. USING CAPITALS! AND EXCESSIVE NUMBER OF EXCLAMATIONS! JUST MAKES YOU LOOK! STUPID. See how nicer it is to speak quietly?

  10. hromano  Congratulations on your purchase.
     If those goldies are 2012 you bought the ones I traded Doc for silver
      GSR ratio was too good   62 to 1 on my trade day.  Prices were great too.

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