Commentaries

Gold & Silver CoTs hot off the presses…

http://www.biiwii.blogspot.com Large speculators liked gold less on Tuesday.  Bet they like it even less now.

GOLD - COMMODITY EXCHANGE INC.                                       Code-088691
FUTURES ONLY POSITIONS AS OF 01/04/11                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:      592,613
COMMITMENTS
 250,305   47,987   68,997  193,319  447,901  512,621  564,885   79,992   27,728

CHANGES FROM 12/28/10 (CHANGE IN OPEN INTEREST:     -1,877)
  -7,840    5,630   -4,196    2,879   -2,309   -9,157     -875    7,280   -1,002

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    42.2      8.1     11.6     32.6     75.6     86.5     95.3     13.5      4.7

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      360)
     209       69       72       53       51      295      166
 
SILVER - COMMODITY EXCHANGE INC.                                     Code-084691
FUTURES ONLY POSITIONS AS OF 01/04/11                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 5,000 TROY OUNCES)                     OPEN INTEREST:      136,931
COMMITMENTS
  40,483   10,448   34,204   29,598   79,349  104,285  124,001   32,646   12,930

CHANGES FROM 12/28/10 (CHANGE IN OPEN INTEREST:       -987)
  -1,056    1,028      866     -688   -1,828     -878       66     -109   -1,053

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    29.6      7.6     25.0     21.6     57.9     76.2     90.6     23.8      9.4

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      172)
      78       38       37       32       42      135       96

Source: Gold & Silver CoTs hot off the presses...