By SD Contributor Marshall Swing:

Commercial longs sold off a total 1,326 1,037 contracts and covered 4,918 net total shorts to end the week with 48.59% of all open interest, a decrease of 1.02% in their share of total open interest since last week, and now stand as a group at 41,670,000 ounces net short, which is a decrease of almost 18 million net short ounces from the previous week, a massive net short covering of over 30% of their entire short silver position! [Read more...]

Gold & Silver COT Report by SD Contributor Marshall Swing:

Commercial longs added 1,037 contracts to their total and covered 255 net total shorts to end the week with 49.60% of all open interest, a decrease of 1.09% in their share of total open interest since last week, and now stand as a group at 59,630,000 ounces net short, which is a decrease of almost 6.5 million net short ounces from the previous week.  [Read more...]

By SD Contributor Marshall Swing:

Commercial longs added 1,014 contracts to their total and covered 224 net total shorts to end the week with 50.69% of all open interest, a minor decrease of 0.1% in their share of total open interest since last week, and now stand as a group at 66,090,000 ounces net short, which is a decrease of almost 6.2 million net short ounces from the previous week.  [Read more...]

By SD Contributor Marshall Swing:

Gold & Silver COT Report 5/10/13:

Commercial longs added 18 contracts to their total and an additional 244 total shorts to end the week with 50.59% of all open interest, a minor decrease of 0.15% in their share of total open interest since last week, and now stand as a group at 72,280,000 ounces net short, which is a small increase of just over 1.1 million net short ounces from the previous week.  [Read more...]

Gold & Silver COT Report 5/3/13:

Commercial longs removed 2,573 long contracts from their total and covered 5,507 total shorts to end the week with 50.74% of all open interest, a big increase of 2.40% in their share of total open interest since last week, and now stand as a group at 71,150,000 ounces net short, which is a decrease of almost 15 million net short ounces from the previous week.  [Read more...]

By 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 long.  NOTICE THE SMALL SPECULATORS ARE ONLY 1082 CONTRACTS FROM BEING NET SHORT!!!!!!!!!!!!
THE GOLD SMALL SPECS ARE ONLY 67 CONTRACTS DIFFERENCE FROM BEING NET SHORT!!!!!!!!!!!!!!! [Read more...]