SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Ride the Tiger with CD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: dara who wrote (299832)6/18/2023 4:28:07 PM
From: dara1 Recommendation

Recommended By
LoneClone

  Read Replies (1) of 312316
 
COTS as of June 13, 2023

Post Fed

For a change, the commercials decreased their net short position in gold by decreasing their short position and increasing their long position. In silver, the commercials increased their net short position.

Ed Steer's Comments:

on silver:

"So despite this one week set-back, we're back to being just as wildly bullish in silver from a COMEX futures market perspective as we were a week ago."

on gold:

" ... despite this 'improvement'...gold remains firmly in bearish territory from a COMEX futures market perspective."

on both gold and silver:

"This glaring dichotomy between the wildly bullish set-up in silver and the bearish set-up in gold continues...so place your bets as to how this all plays out in the weeks and months ahead."

Check out the graphs this week as they show the build up in net short positions more clearly. They are labelled "Position: Short" under the tradingster links here and here.



















Disaggregated futures and options - combined report:

cftc.gov

Legacy Report: Futures Only Commodity Exchange Incorporated:

cftc.gov
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext