Silver COT Update 1/13/12

The commercials further increased their net shorts in silver futures by 3,146 contracts (15.73 million ounces) in the week ending Tuesday 1/10/12.  Clearly The Morgue is not quite ready to extricate itself from its remaining 15,000 naked short silver contracts. 
Silver COT Report 1/13/12

Silver COT Report - Futures
Large Speculators			Commercial		Total
Long	Short	Spreading	Long	Short	Long	Short
26,208	15,137	18,856	38,959	58,021	84,023	92,014
-421	-1,854	-356	-2,341	805	-3,118	-1,405
Traders
63	37	42	35	41	121	102
	Small Speculators
	Long	Short	Open Interest
	20,322	12,331	104,345
	362	-1,351	-2,756
	non reportable positions		Change from the previous reporting period
COT Silver Report - Positions as of				Tuesday, January 10, 2012

Silver COT Report - Futures & Options Combined
Large Speculators			Commercial		Total
Long	Short	Spreading	Long	Short	Long	Short
26,839	12,301	39,669	50,633	73,956	117,141	125,925
-950	-1,927	-60	-2,273	527	-3,282	-1,459
Traders
77	37	58	38	44	138	121
	Small Speculators
	Long	Short	Open Interest
	22,721	13,936	139,861
	430	-1,393	-2,852
	non reportable positions		Change from the previous reporting period
COT Silver Report - Positions as of				Tuesday, January 10, 2012