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Gene Arensberg: Record silver shorts may be insurance for more patient longs
11:50p ET Monday, June 16, 2014
Dear Friend of GATA and Gold:
The Got Gold Report's Gene Arensberg speculates tonight that the record silver futures short position held by "managed money" funds may be less a one-way short-term bet on falling prices than a form of insurance for long-term long positions. Arensberg's commentary is headlined "Comex Managed Money Record Silver Shorts More Like Insurance than a One-Way Bet" and it's posted at the Got Gold Report here:
http://www.gotgoldreport.com/2014/06/comex-managed-money-record-silver-s...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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