Silver COT Report 12/2/11

The commercials reduced their silver shorts a net 1,043 contracts (5.215 million ounces) in the week ending 11/29/11.
As noted in this morning's update, the non-commercials reduced their longs a net 530 contracts and remain near historic lows.

Silver COT Report - Futures
Large Speculators			Commercial		Total
Long	Short	Spreading	Long	Short	Long	Short
23,816	11,722	16,103	38,884	59,572	78,803	87,397
239	769	-6,195	-1,357	-2,400	-7,313	-7,826
Traders
57	31	36	35	40	111	93
	Small Speculators
	Long	Short	Open Interest
	20,156	11,562	98,959
	-2,276	-1,763	-9,589
	non reportable positions		Change from the previous reporting period
COT Silver Report - Positions as of				Tuesday, November 29, 2011

Silver COT Report - Futures & Options Combined
Large Speculators			Commercial		Total
Long	Short	Spreading	Long	Short	Long	Short
24,809	8,283	35,900	48,325	74,097	109,034	118,280
460	869	-5,653	-1,367	-2,250	-6,559	-7,034
Traders
72	30	56	36	43	130	111
	Small Speculators
	Long	Short	Open Interest
	22,962	13,717	131,996
	-2,415	-1,940	-8,974
	non reportable positions		Change from the previous reporting period
COT Silver Report - Positions as of				Tuesday, November 29, 2011