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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Comex Jan 16th

Comex Jan 16th

posted on Jan 16, 2009 01:02PM

The COT report shows the large Commercials aka JPM have increased their Gold contracts long + 2.8% and reduced their shorts by -1.8% in total 9110 contracts.

In Silver by long 0.6% and short -5.0% in total 3110 contracts

http://news.goldseek.com/COT/1232129...

Typically they increase their short position considerably before they take it down. The COT report however only includes data up to last Tuesday and is obsolete at the time of publishing to protect the manipulators so any conclusions may be superceded by this time e.g. to lure more longs into the trap.

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