This look a lot better.
investor1.com
As of May 18, 1999, released at 3:30 p.m. on May 21, 1999, the commitments for COMEX gold futures show commercial insiders long 134,284, short 55,652; speculators long 8,173, short 88,719. Small traders were long 33,475, short 31,561. The average historic ratio for commercials is 2:3 long to short; for speculators, 2:1 long to short. Commercials were thus net long 78,632 while speculators were net short 80,546. This is not as extreme as April's all-time record, but represents a very sharp improvement from just two weeks earlier, and is unusually lopsided. In addition, open interest totals strongly suggest that commercials have increased their net long position since the numbers were tabulated on May 18. This indicator has been raised to EXTREMELY BULLISH. |