Silver Commitments of Traders : An Historic Imbalance

by Dan Norcini
Trader Dan

What can I write that I have not written time and time again of late – once more we witness yet another week in which the silver market becomes more and more lopsidedly imbalanced.

Let’s start with the overall NET POSITIONS of all the categories of traders. Feast your eyes on this monstrosity.

[…] It seems as if with the passing of each new week, I have to once more change the y-axis settings to allow for the new record number of net long positions being established by the hedge fund crowd.

Here is what is so remarkable about this. The cutoff date for the COT report data is the close of the Tuesday trading session.

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