You are here

Bron Suchecki: Producer/merchant net long in gold is not necessarily bullish

Section: Daily Dispatches

10:40a ET Friday, December 6, 2013

Dear Friend of GATA and Gold:

The Perth Mint's Bron Suchecki speculates today that the producer/merchant category has reversed to the long side in the U.S. Commodity Futures Trading Commission's latest report on trader positions simply because of a rise in inventories as the West loses interest in gold. Suchecki's commentary is headlined "Producer/Merchant Net Long Is Not Necessarily Bullish" and it's posted at his Internet site, Gold Chat, here:

http://goldchat.blogspot.com/2013/12/producermerchant-net-long-is-not.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



ADVERTISEMENT

Jim Sinclair Plans Seminar in Boston on Dec. 7

Gold advocate and mining entrepreneur Jim Sinclair will hold his next seminar from 1 to 5 p.m. on Saturday, December 7, in the Boston suburb of Cambridge, Mass., at the Boston Marriott Cambridge at 50 Broadway in Cambridge. The admission fee will be $50. Details are posted at Sinclair's Internet site, JSMineSet, here:

http://www.jsmineset.com/2013/11/14/boston-qa-session-announced/



Join GATA here:

Vancouver Resource Investment Conference
Vancouver Convention Centre West
Sunday-Monday, January 19-20, 2014
Vancouver, British Columbia, Canada

http://www.cambridgehouse.com/event/vancouver-resource-investment-confer...

* * *

Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16