COT Report, Short to Long Ratio update

COT gold:

Large specs: added 4566 long, 8083 shorts covered

Commercials: sold 2910, covered 3269 short

Silver COT:

Large specs: added 596 long, 2944 shorts covered

Commercials: sold 1839 longs, ADDED 3501 short

Overall, JPM et al. just got squeezed like lemons as this report is as of Tuesday.

So going into next week this is whats going to happen. JPM et al will be putting up an enormous fight, one that we may not have seen yet. For if they dont, we will see the biggest short squeeze to $50 you have ever seen. It will be epic. Add in the fact that options expiry is next week, you can see how they are already preparing for a massive raid. Gold help them if we see $45 next week, b/c the sour grape squeeze smell will be awesome.

Further more look how obvious the manipulation is and how biased the ratio of longs to shorts are.

In the large spec side in GOLD we see a long to short ratio of (long 264K, short 64K)of 4:1. For every 4 Long contracts the Large spec buys, he is short one too.

In the silver arena their ratio is (32.5K long, 11K short) 3:1 long bias

Now lets look at the polar opposite.

In the Commercial side, such as JPM et al. on the GOLD side they are long 160.5K and short 410K. LOL. This ratio of SHORT to long is 2.5:1. FOR EVERY GOLD CONTRACT LONG (WANTING TO GO UP) the MORGUE adds 2.5 shorts to it (wanting to go down). Hummm biased. I wonder if their clients know they are this bias towards the ONLY asset class that has returned 20% profits over the last 10 years. And they are short 2.5:1 on it. Makes sense.

Now in the silver arena, we see nothing different, and the trend continues. The Commercials are long 34.5K and short 75K. For a ratio of SHORT to long of 2.2:1

Some may say well Gold and silver have risen so that's why they are more biased to the short side. Ya good luck with that argument, go back in Harvey's records a year ago, and you will find that the ratio's are even WORSE.

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