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This is the third week in a row of a reduction in net-long for all the precious metals in the legacy report.
FORBES: FOCUS: Speculators Continue To Cut Metals Positions Across The Board -- CFTC
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Barclays Capital noted that in the legacy report specifically, across the precious metals complex, speculative length grew, with gold leading the net additions.
FORBES: Speculators Add To Gold, Silver, Palladium Bullish Positions --CFTC Data
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At the same time, on the internal side, CIOs must be primarily concerned with bending the IT budget curve away from low-value legacy infrastructure and toward new technologies that liberate precious funding for innovation, because those rapidly emerging marketplace realities touched on above will simply overwhelm traditional systems and traditional IT approaches.
FORBES: The Strategic CIO Agenda 2013: Strategies, Priorities, and Career-Killers
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The mixed results in silver between the disaggregated and legacy reports differs from the net long gains the rest of the precious metals have seen, Tremblay said.
FORBES: FOCUS: Speculators Return As Gold Buyers -- CFTC Data
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While funds were adding to positions in precious metals, they reduced their net-long position in copper in both the disaggregated and legacy reports.
FORBES: FOCUS: Speculators Start Buying Precious Metals Futures, Options Again -CFTC