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Gene Arensberg's GGR: Big changes in gold futures market composition
2:05p ET Monday, August 12, 2013
Dear Friend of GATA and Gold:
Gene Arensberg's new Got Gold Report identifies substantial changes in gold futures market positions. Aresnberg writes: "Despite very large changes in the positioning of the swap dealers and other reportables, which we find incredibly interesting but unreadable, there is still a tremendous amount of heavy short-covering firepower now via the traders we least associate with the short side of gold, the traders the CFTC classes as 'managed money, other reportables, and smaller non-reportables.' Arensberg's analysis is posted at the GGR Internet site here:
http://www.gotgoldreport.com/2013/08/full-august-11-got-gold-report-in-p...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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