Commercials Cover Nearly Half of Remaining Short Silver Position in Past Week!

Bernanke-Dimon-Fed-TunnelBy SD Contributor Marshall Swing:

Gold & Silver COT Report 6/14/13

Commercial longs added a total 1,581 contracts and covered 1,798 net total shorts to end the week with 48.21% of all open interest, a decrease of +0.55% in their share of total open interest since last week, and now stand as a group at 25,100,000 ounces net short, which is a decrease of just under 17 million net short ounces from the previous week-
Meaning the commercials have reduced their net short position in silver by 40% in just the past week, and by over 90% from their highs near 225 million ounces prior to the announcement of QE∞ last year!
[Read more...]

Gold & Silver COT Report: Commercials Remain Most Net Long in Gold Since Dec 2008!

Bernanke-Dimon-Fed-TunnelCommercial longs added a total 429 contracts and added 494 net total shorts to end the week with 48.76% of all open interest, an increase of +0.17% in their share of total open interest since last week, and now stand as a group at 41,995,000 ounces net short, which is a tiny increase of just over 300,000 net short ounces from the previous week.  [Read more...]

Gold & Silver COT Report: Commercials Cover Net 30% of All Outstanding Silver Shorts!

cartel taken to kneesBy 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: Commercials Reduce Silver Shorts Another 7 Million Oz

goldcotGold & 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...]

Gold & Silver COT Report: Commercials Cover Another 6 Million Silver Shorts!

silverCOTBy 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...]

Gold & Silver COT Report 5/10: Commercials Now Net Short 72 Million Ounces in Silver!

goldcotBy 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: Commercials Cover a Massive 15 Million Oz of Silver Shorts!

silverCOTGold & 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...]

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!!!!!!!!!!!!!!! [Read more...]

Gold & Silver COT Report: Bottom Not in Yet, Commercials ADD 23 Million Oz to Silver Shorts!,

no bottomBy SD Contributor Marshall Swing:

Gold & Silver COT Report 4/19/13:

Commercial longs added 581 contracts to their total and 5,155 shorts to end the week with 46.34% of all open interest, a huge increase of 3.18% in their share of total open interest since last week, and now stand as a group at 112,490,000 ounces net short, which is an increase of just under 23 million net short ounces from the previous week!
I will go on record and say the bottom is not in yet.
[Read more...]

Gold & Silver COT Report 4/12/13: Commercials May Slam Silver to $17!

By SD Contributor Marshall Swing: 17 silver

Gold & Silver COT Report 4/12/13:

Many writers were declaring a bottom for the silver slide after price rose from last Friday’s low of $26.57 and rose to $27.90 at Tuesday’s close.
They were wrong.
Almost all writers have previously declared $26 as the holy grail never to be broken downward again.
They were wrong. 
How low can price go?  I will repeat what Martin Armstrong has said we may see $23 and then if that, then $17 is possible.

[Read more...]

Gold & Silver COT Report 4/5: Commercials Cover MASSIVE 28 Million Oz of Net Silver Shorts!

Massive shortsBy SD Contributor Marshall Swing:

Gold & Silver COT Report 4/5/13

Commercial longs added 2,283 contracts to their total and covered 3,255 shorts to end the week with 43.08% of all open interest, a significant decrease of 1.51% in their share since last week, and now stand as a group at 92,515,000 ounces net short, which is a decrease of almost 28 million net short ounces from the previous week [Read more...]

Gold & Silver COT Report 3/29: Commercials Cover Another 12 Million Ounces of Net Silver Shorts!

silverCOTBy SD Contributor Marshall Swing:

Gold & Silver COT Report 3/29/13

Commercial longs added 550 long contracts to their total and covered a 1,848 shorts to end the week with 44.59% of all open interest, a decrease of 0.44% in their share since last week, and now stand as a group at 120,205,000 ounces net short, which is a decrease of almost 12 million net short ounces from the previous week [Read more...]

Gold & Silver COT Report 3/22: Commercials Cover 15 Million Ounces of Silver Shorts!

GoldCOTBy SD Contributor Marshall Swing:

Gold & Silver COT Report 3/22/13:

Commercial longs added 3,085 contracts from their total and covered a total 101 shorts to end the week with 45.03% of all open interest, an increase of 0.09% in their share since last week, and now stand as a group at 132,195,000 ounces net short, which is a massive decrease of almost 15 million net short ounces from the previous week! [Read more...]

Gold & Silver COT Report 3/15/13: Commercials Raise Net Silver Shorts to 147 Million Ounces!

SilverCOTBy SD Contributor Marshall Swing

Gold & Silver COT Report 3/15/13:

Commercial longs subtracted 845 contracts from their total and covered a total 605 shorts to end the week with 44.94% of all open interest, a decrease of -0.85% in their share since last week, and now stand as a group at 147,115,000 ounces net short, which is a slight increase of just 1.2 million net short ounces from the previous week. [Read more...]

Gold & Silver COT Report 3/8/13: Shorts on Fire? Commercials Cover Another 9 M Oz of Silver Shorts!

my-shorts-on-fireBy SD Contributor Marshall Swing:

Gold & Silver COT Report 3/8/13

Commercials added a modest 265 total long contracts and covered a moderate 1,438 shorts to end the week with 45.80% of all open interest, a decrease of -0.87% in their share since last week, and now stand as a group at 145,915,000 ounces net short, which is a decrease of just over 8.5 million net short ounces from the previous week

[Read more...]