OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

The activity of the commercials is gold bullish-been this way for a # of wks now-some folks on this forum say COT stats are irrelevant-so far they are right

Posted by Richard640 @ 17:32 on September 26, 2014  

[commercials “IS” supposed to be the smart money]

Silver

*The large specs decreased their long positions by 2,934 contracts and decreased their shorts by 844 contracts.

*The commercials increased their longs by 2,428 contracts and reduced their shorts by 4,364 contracts.

*The small specs decreased their longs by 2,035 contracts and increased their shorts by 2,667 contracts.

Normally, this would be a bullish report. However, the small specs are the winners so far.

Gold

*The large specs increased their long positions by 367 contracts and increased their shorts by 7,936 contracts.

*The commercials increased their longs by 3,135 contracts and reduced their shorts by 8,789 contracts.

*The small specs decreased their longs by 4,278 contracts and reduced their shorts by 657 contracts.

No surprises in either of the changes in the commercial positions.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.