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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: dara who wrote (299522)	5/13/2023 1:12:06 PM
From: dara	3 Recommendations Recommended By kidl LoneClone ralfph Read Replies (1) \| Respond to of 312346

COTS as of May 9, 2023 US $ Rally, Precious Metals Correction in Progress Again this week the commercials increased their short positions in both silver and gold by small amounts. Ed Steer's Comments: on silver: "And as I've been mentioning for months now, ... [the Big 4/8 shorts have] ... been very reluctant to add to their short positions in silver since late February ...but have obviously added some during the last four weeks or so. But most, if not all of these increases has been negated with silver's engineered price decline since the COMEX close on Tuesday." "The only reason that the Big 4/8 short position is as high as it is currently, is because of that Managed Money trader that's short around 9,500 contracts in the Big 4 category. Remove them -- and the Big 8 commercial short position remains very bullish." and on gold: "As you can see, the Big 4 shorts have added around a bit over 91,000 short contracts since the low of last fall...which is not at all bullish." Disaggregated futures and options - combined report: cftc.gov Legacy Report: Futures Only Commodity Exchange Incorporated: cftc.gov