Welcome to the San Gold HUB on AGORACOM

San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.

Free
Message: Re: COT Numbers!! lobsided on the PMS only
1
Jan 29, 2010 05:37PM

Jan 29, 2010 05:57PM
4
Jan 30, 2010 01:43PM

http://www.cftc.gov/dea/futures/other_sf.htm

Somewhere here is the up-to date 26th Jan report.

CT commercials short on 26th Jan is 46,000 contracts lower than Nov 24th 09 figure, so it seems to have fallen a further 16,000 contracts since Bob's 30k reduction note ~ well beyond Bob's additional 5k. I think that all means a big clearout in gold and silver shorts, and especailly good if you suspect bank manipulation of the PM markets.

gold and silver show large lobsided red commercials on the short side

comparing with their balanced short and long positions in oil and copper, this looks lie an abnormal situation in the precious metals & bank manipulation. That the commercials have gone slightly longer now as well - likely means they see more upside soon, especially pending the March CFTC precious metals committee meeting. This is how they do it - take your gold, take your money.

http://futures.tradingcharts.com/cotcharts/CL oil

http://futures.tradingcharts.com/cotcharts/HG copper

Share
New Message
Please login to post a reply