Gold and Silver Disaggregated COT Report (DCOT) for April 5

The takeaway message of this Commitments of Traders report is the speculators are short silver and the bullion banks (the smartest guys in the room) are way less short gold than they normally are.  In other words, the dumb money believes precious metals prices will continue to fall, while the smart money believes a bottom is in place.

http://www.gotgoldreport.com/2013/04/gold-and-silver-disaggregated-cot-report-dcot-for-april-5.html