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TF Metals Report: Big banks (JPM) remain astonishingly long in gold futures
8:30a ET Thursday, September 12, 2013
Dear Friend of GATA and Gold:
The biggest U.S. banks in the gold futures market -- primarily JPMorganChase -- remain astonishingly net long, having covered their huge short position on this year's price decline, according to the latest data from commodity regulators, the TF Metal Report's Turd Ferguson writes today. Ferguson's commentary is posted here:
http://www.tfmetalsreport.com/blog/5044/summarizing-latest-bpr
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Precious Metals Round Table:
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