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Gene Arensberg: The gold trade seems to see little downside risk
10:40p ET Tuesday, July 22, 2014
Dear Friend of GATA and Gold:
The Got Gold Report's Gene Arensberg tonight looks again at trader positions in gold futures and concludes that "the gold trade," the people who do the biggest business in gold, "are currently positioned as though they do not believe that gold has any significant downside."
Arensberg's commentary is headlined "Comex Producer/Merchants in Gold, View from 30,000 Feet an Eye-Opener" and it's posted at the GGR here:
http://www.gotgoldreport.com/2014/07/comex-producermerchants-in-gold-vie...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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