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Gene Arensberg: CFTC's position limits will impede only longs, not shorts
8:20a PT Tuesday, January 19, 2010
Dear Friend of GATA and Gold (and Silver):
In his latest edition of the "Got Gold Report" excerpted from Brien Lundin's Gold Newsletter (www.GoldNewsletter.com), Gene Arensberg writes that the position limits under consideration by the U.S. Commodity Futures Trading Commission will serve only to impede investors in commodities while doing nothing to inconvenience the commercial shorts, who long have been suspected of being in league with the U.S. government in a policy of price suppression. Arensberg's commentary is headlined "CFTC Eyes Position Limits for Gold, Silver" and you can find it in the clear at Stockhouse here:
http://www.stockhouse.com/Columnists/2010/Jan/19/Got-Gold-Report--CFTC-e...
Or try this abbreviated link:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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