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Gene Arensberg: Large commercials hastening to cover gold shorts

Section: Daily Dispatches

8:55p ET Sunday, December 3, 2007

Dear Friend of GATA and Gold:

Gene Arensberg's "Got Gold Report" at Resource Investor advises that large commercial traders lately have seemed to be in a hurry to cover their short positions in gold, even as those positions remain large. You can find Arensberg's report at Resource Investor here:

http://www.resourceinvestor.com/pebble.asp?relid=38391

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

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