TSXV:AUN.H - Post by User
Post by
M1DASon Jul 23, 2012 1:39pm
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Post# 20142952
Funds Add To Gold Positions, Shed Silver,
Funds Add To Gold Positions, Shed Silver, The silver net-long position for the managed-money accounts fell to 4,831 contracts. The drop came from adding 510 gross longs and 1,477 gross shorts, suggesting more new short positions were established than new longs. Producers are net-short and amplified that position by adding more gross shorts than gross longs. Swap dealers are net-long but reduced their position by cutting gross longs and adding gross shorts. In the legacy report, the silver net-long for non-commercials also fell. They cut 10 gross longs and added 1,523 gross shorts, signifying the drop in the net position came mostly from new shorts established. They are now net-long 8,839 contracts. Commercials are net-short, and expanded exposure by cutting gross longs and adding gross shorts. https://www.kitco.com/reports/KitcoNews20120723DeC_cftc.html