Gene Arensberg: Big banks dominate Comex gold, silver

4:29p ET Monday, February 9, 2009

Dear Friend of GATA and Gold:

Market analyst Gene Arensberg, whose "Got Gold Report" now appears in Brien Lundin's Gold Newsletter (http://www.GoldNewsletter.com/), has reviewed the latest gold and silver market data from the U.S. Commodity Futures Trading Commission from a trading standpoint and observes that the largest traders are positioning themselves for a fall in gold but not so much for a fall in silver. An abbreviated version of Arensberg's analysis has been posted at Stockhouse under the headline "Big Banks Dominate Comex Gold, Silver" and you can find it here:

http://www.stockhouse.com/Columnists/2009/February/9/Big-U-S--banks-domi...

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

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