Avery Goodman: Bullion banks closed huge number of short positions last week

Section:

12:52p ET Monday, July 17, 2017

Dear Friend of GATA and Gold:

Examining the U.S. Commodity Futures Trading Commission's reports, securities lawyer and market analyst Avery Goodman writes today bullion banks continue to close huge volumes of short positions in the monetary metals that they have been carrying for years. If the bullion banks know what they're doing, Goodman writes, this foretells a major rise in metal prices in coming months. Goodman's analysis is headlined "Bullion Banks Closed a Huge Number of Short Positions Last Week" and it's posted at his internet site here:

http://averybgoodman.com/myblog/2017/07/17/gold-bullion-banks-close-huge...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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