Silver Cot Report 11/2/12: Commercials Cover 9 Million Ounces of Net Silver Shorts Into Price Raid
Silver Doctors | 04 November 2012
Commercial paper added a significant 1,153 longs on the week and covered but -614 shorts to end the week with 46.37% of all open interest, an increase of +1.20% in their share since last week, and now stand as a group at 268,660,000 ounces net short, which is a decrease of just under 9,000,000 net short ounces from the previous week.