by Turd Ferguson
TF Metals Report
We monitor the daily open interest changes in Comex gold and silver. We also wait each Friday for the latest Commitment of Traders report. Once a month, however, we also get the Bank Participation Report and, though it might be complete garbage and full of lies, we also need to consider this report for some historical perspective.
We’ve written about these CFTC-generated reports so many times, it would be impossible to link every post. However, nearly every post began with these bullet points. Here they are again, just so that we’re on the same page: