Gold CoT

Spec's and public hated gold as of Tuesday while the commercials covered a hunk of their shorts.  Silver was somewhat along the same lines.

GOLD - COMMODITY EXCHANGE INC.                                       Code-088691
FUTURES ONLY POSITIONS AS OF 05/08/12                         |
--------------------------------------------------------------| NONREPORTABLE
      NON-COMMERCIAL      |   COMMERCIAL    |      TOTAL      |   POSITIONS
--------------------------|-----------------|-----------------|-----------------
  LONG  | SHORT  |SPREADS |  LONG  | SHORT  |  LONG  | SHORT  |  LONG  | SHORT
--------------------------------------------------------------------------------
(CONTRACTS OF 100 TROY OUNCES)                       OPEN INTEREST:      417,798
COMMITMENTS
 166,130   42,827   36,540  161,037  312,492  363,707  391,859   54,091   25,939

CHANGES FROM 05/01/12 (CHANGE IN OPEN INTEREST:      5,826)
  -3,438   13,652    5,509    7,453  -19,095    9,524       66   -3,698    5,760

PERCENT OF OPEN INTEREST FOR EACH CATEGORY OF TRADERS
    39.8     10.3      8.7     38.5     74.8     87.1     93.8     12.9      6.2

NUMBER OF TRADERS IN EACH CATEGORY (TOTAL TRADERS:      310)
     151       83       81       52       50      234      190

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