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Monday, October 3, 2011

Short Term Gold & Silver( Facts Don't Lie)

Sorry I cann't type Chinese on this computer.

But I start to get bearish on Gold and Silver in the coming short period.

Commitment of Traders

If you read this report, basically it shows all commercials are dumping/selling gold& silver, which means the bullish trend will continue for a short period and WE SHOULD GET READY FOR A REVERSAL. 

COT Gold& Silver 

GOLD - COMMODITY EXCHANGE INC.                                                                                                                   Code-088691
Disaggregated Commitments of Traders - Futures Only, September 27, 2011              
-------------------------------------------------------------------------------------------------------------------------------------------------------------
     :          :                                              Reportable Positions                                                      :   Nonreportable
     :          :  Producer/Merchant/ :                                :                                :                                :     Positions
     :   Open   :   Processor/User    :          Swap Dealers          :         Managed Money          :       Other Reportables        :
     : Interest :   Long   :  Short   :   Long   :  Short   :Spreading :   Long   :  Short   :Spreading :   Long   :  Short   :Spreading :   Long  :  Short
-------------------------------------------------------------------------------------------------------------------------------------------------------------
     :          :(CONTRACTS OF 100 TROY OUNCES)                                                                                          :
     :          :    Positions                                                                                                           :
All  :   465,414:   101,853    264,266     70,248     74,518     20,356    136,103     13,628      8,131     45,620     40,294     19,872:   63,231    24,349
Old  :   465,414:   101,853    264,266     70,248     74,518     20,356    136,103     13,628      8,131     45,620     40,294     19,872:   63,231    24,349
Other:         0:         0          0          0          0          0          0          0          0          0          0          0:        0         0
     :          :                                                                                                                        :
     :          :    Changes in Commitments from:       September 20, 2011                                                               :
     :   -33,942:     5,610    -13,921        988    -10,426     -1,398    -23,615      5,335        472     -7,471    -13,693     -2,619:   -5,909     2,308
     :          :                                                                                                                        :
     :          :    Percent of Open Interest Represented by Each Category of Trader                                                     :
All  :     100.0:      21.9       56.8       15.1       16.0        4.4       29.2        2.9        1.7        9.8        8.7        4.3:     13.6       5.2
Old  :     100.0:      21.9       56.8       15.1       16.0        4.4       29.2        2.9        1.7        9.8        8.7        4.3:     13.6       5.2
Other:     100.0:       0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0:      0.0       0.0
     :          :                                                                                                                        :
     :          :    Number of Traders in Each Category                                                                                  :
All  :       314:        23         19         20         18         23         78         20         24         86         56         60:
Old  :       314:        23         19         20         18         23         78         20         24         86         56         60:
Other:         0:         0          0          0          0          0          0          0          0          0          0          0:
     :-------------------------------------------------------------------------------------------------------------------------------------------------------
     :             Percent of Open Interest Held by the Indicated Number of the Largest Traders
     :                          By Gross Position                       By Net Position
     :               4 or Less Traders     8 or Less Traders     4 or Less Traders     8 or Less Traders
     :                 Long:     Short       Long      Short:      Long      Short       Long      Short
     :----------------------------------------------------------------------------------------------------
All  :                 32.9       50.4       40.3       61.6       20.2       32.8       26.3       41.5
Old  :                 32.9       50.4       40.3       61.6       20.2       32.8       26.3       41.5
Other:                  0.0        0.0        0.0        0.0        0.0        0.0        0.0        0.0

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