Thus the net short position of the commercials increased by 3703 contracts and their new net short position rose (you take the short position and subtract the longs) to 55,389.
In total with respect to silver:
the large specs piled onto the longs by 3443 contracts and the large specs that are short increased their shorts by 1361 contracts.
The commercials went to town. The intermediate commericals (the smaller banks) increased their longs by 1088 contracts. The larger commercials with contempt of the law
proceeded to short an additional 4791 contracts in full view of the CFTC regulators who are meeting to discuss how they are going to solve their dilemma.
OK lets go to the physical inventories of silver and gold:
30,985 ozs withdrawn from the dealer's (registered) inventory
43,718 ozs deposited in the customer (eligible) inventory
Total dealer inventory 48.85 Mozs
Total customer inventory 66.75 Mozs
Combined Total 115.60 Mozs GOLD
602 ozs withdrawn from the dealers (registered) category
1,426 ozs withdrawn from the customer (eligible) category
Total dealer inventory 2.44 Mozs
Total customer inventory 7.65 Mozs
Combined Total 10.09 Mozs
again, no major moves into gold and silver inventories.
We saw 30,985 oz withdrawn from the dealer and that no doubt went to the customer inventory
along with an additional 13000 or so oz. Very minor moves.
Lets start with gold as April is a delivery month for gold.