Friday, January 27, 2012

Silver COT Report: Commercials Increase Silver Shorts 23 Million Ounces

The commercials increased their futures short position in silver by a net 4,639 contracts (23.2 million ounces) in the week ending 1/24/12.  Expect the commercials to have increased their naked shorts even further on silver's move from $32 to $34 during the second half of the week when next Friday's report is released.  Clearly the cartel has no intention at this time of merely stepping aside and letting the silver freight train run without a fight.

Silver COT Report 1/27/12


Silver COT Report - Futures
Large Speculators
Commercial
Total
Long
Short
Spreading
Long
Short
Long
Short
27,051
10,934
20,520
35,283
60,304
82,854
91,758
842
-1,882
1,292
-3,746
893
-1,612
303
Traders
68
36
43
35
42
126
101
Small Speculators
Long
Short
Open Interest
20,171
11,267
103,025
969
-946
-643
non reportable positions
Change from the previous reporting period
COT Silver Report - Positions as of
Tuesday, January 24, 2012


Silver COT Report - Futures & Options Combined
Large Speculators
Commercial
Total
Long
Short
Spreading
Long
Short
Long
Short
27,157
8,279
44,911
48,785
77,343
120,852
130,533
46
-2,167
4,182
-2,651
1,470
1,576
3,485
Traders
82
37
65
36
44
141
126
Small Speculators
Long
Short
Open Interest
22,796
13,116
143,649
1,183
-725
2,759
non reportable positions
Change from the previous reporting period
COT Silver Report - Positions as of
Tuesday, January 24, 2012

18 comments:

Anonymous said...

Blythe et al can try use euro zone crsis to punch it back to 20's, probably in March and with CME margin increase, and can cover like crazy when paperbugs are guillotined. They don't even need to give explanation why they have to increase margin upon liquidity crisis.

Perhaps it could be the last time, and they don't need to care if you don't trust the system anymore, as when it collaspes someone else can be blamed.

Anonymous said...

F the Comshorts. Let'em run in front of this freight train and have them slit their own financial throat. With Europe in tatters, lack of confidence in the Crimex, and more curreny devaluation to occur in the immediate future; short at your own peril

anti jpm said...
This comment has been removed by the author.
anti jpm said...

we should hang jamie dimmon and ben Bernanke they are the big terrorists killing Innocent people all over the world specially in middle east for oil

Anonymous said...

I think the lynched the wall street would be the nwo induced reaction & solution via the problem they created. Check who is behind the occupy movement. Of course lynching the wall street cannot slove the real problem.

I guess the banking elites is only a hierarchy to be disposed after they fulfilled their mission. At higher hierarchy is "spiritual" not financial, and NWO is not really for purpose of personal wealth somewhere offshore. It is for something more grandose, expansion of regional conflict to world war, if they can.

Anonymous said...

Zbig said long ago that he thinks there would be riots across the streets.

Anonymous said...

doc, i see 893 how do you get to 4639 ?

Anonymous said...

He added he reduction in longs to the additional shorts 893 +3746 = 4369. Seems like inventive accounting somehow but I'm no expert in these comes figures. Hope you get an explanation.
Jeorge

Anonymous said...

I'mm no expert at typing either. I meant " in these COMEX figures" in the above post.
Jeorge

Anonymous said...

oh.. Thank you,
In this case that's not only short.
To my knowledge the Cartel is not long.
Thx again Jeorge.

Mammoth said...

Just in case there IS a smackdown in March, now is the time to start setting aside fiat in order to BTFD.

It is always prudent to have some dry powder laying around...

The Doc said...

Calculating the commercial's NET short position is not inventive account, its simple arithmatic. The commercials as of Tuesday held a total of 60,304 short positions, partially offset by 35,283 long positions. This equals a NET short position of 25,021 contracts. In the week ending Tues 1/24, they added 893 new shorts, and reduced their longs by 3,746, which equals a 4,639 contract increase in the commercial's NET short position.

Anonymous said...

Thanks Doc, some people have issues with the term "net" :) as it can be confusing. BTW, that is ONLY 125,105,000 oz. short or $4,253,570,000 which I am sure that they could up with at moments notice. Don't forget all the derivitives and OTC bullshit too. The CTFC is a fucking joke.

AC_Doctor

Anonymous said...

What gives DOC? I know this is a little off subject but, normally about this close to expiry, silver has been smacked down. Am I missing something? Can it be after years of smacking the Chuckle-heads will have no smack down. Or is this just wishful thinking and the smack down will come tomorrow? Conax, AGXIIK, Mammoth, ILUVPMS, anyone? This is kind of weird. Been on the site a couple of hours and seen no comments.

2 oz.

Anonymous said...

Maybe SLV is running dry?

Anonymous said...

Thanks for your explanation on the Net Short position, Doc. Like I said, I'm not a typist, nor, as is obvious, a mathematician.
Jeorge

Anonymous said...

anon 5:11

I believe the smack down failed, following double whammy of the sprott effect and the market reaction to the fed meeting on thursday. We might need to wait till next month for the next smackdown to occur.

Anonymous said...

Thanks ANON 1:30. I hope you're right about the Sprott effect. I didn't even think about Sprott 'cause I'm so used to seeing the smack-down. We'll see what happens Sunday night

2 oz.

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