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Clive Maund: Trader positions worsen for gold, not silver
8:40a ET Monday, July 27, 2009
Dear Friend of GATA and Gold (and Silver):
Market analyst Clive Maund reports that the commitment of traders report in the U.S. futures market has turned very unfavorable for gold, with the big shorts getting even shorter, but not unfavorable for silver. Maund's commentary is headlined "Gold Market Update" and you can find it at GoldSeek here:
http://news.goldseek.com/CliveMaund/1248674940.php
And at Gold-Eagle here:
http://www.gold-eagle.com/editorials_08/maund072609.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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