Not surprisingly, the commercials increased their net short position an additional 2,660 contracts (13.3 million ounces) in the week ending 2/14, bringing their net shorts to 37,310 contracts, or 186,550,000 ounces!
In the last 4 weeks, the commercials have increased their net shorts by 83% from 101.91 million ounces to 186.55 million ounces!
This means that the large commercials traders (allegedly mainly JP Morgan) have NEARLY DOUBLED THEIR NAKED SHORT SILVER POSITION IN THE LAST 4 WEEKS!
Silver COT Report - Futures | ||||||
Large Speculators | Commercial | Total | ||||
Long | Short | Spreading | Long | Short | Long | Short |
32,860 | 7,192 | 19,371 | 31,427 | 68,737 | 83,658 | 95,300 |
621 | -1,460 | -648 | -368 | 2,292 | -395 | 184 |
Traders | ||||||
70 | 30 | 41 | 32 | 45 | 125 | 96 |
Small Speculators | ||||||
Long | Short | Open Interest | ||||
21,214 | 9,572 | 104,872 | ||||
-741 | -1,320 | -1,136 | ||||
non reportable positions | Change from the previous reporting period | |||||
Silver COT Report - Futures & Options Combined | ||||||
Large Speculators | Commercial | Total | ||||
Long | Short | Spreading | Long | Short | Long | Short |
33,468 | 5,188 | 45,534 | 46,325 | 87,243 | 125,327 | 137,965 |
347 | -1,283 | -1,928 | -753 | 1,313 | -2,334 | -1,898 |
Traders | ||||||
79 | 35 | 64 | 36 | 47 | 143 | 121 |
Small Speculators | ||||||
Long | Short | Open Interest | ||||
24,394 | 11,757 | 149,722 | ||||
-1,171 | -1,607 | -3,505 | ||||
non reportable positions | Change from the previous reporting period | |||||
COT Silver Report - Positions as of | Tuesday, February 14, 2012 | |||||
