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Gene Arensberg: Big gold shorts covering as GATA stuns CFTC hearing
9p ET Tuesday, March 30, 2010
Dear Friend of GATA and Gold:
Gene Arensberg's new "Got Gold Report," excerpted from Brien Lundin's Gold Newsletter (www.GoldNewsletter.com), reports that the big commercial traders are starting to cover short positions in gold. Arensberg also expresses great satisfaction with last week's hearing on metals trading by the U.S. Commodity Futures Trading Commission. He writes that GATA's disclosure of whistleblower Andrew Maguire's correspondence with the CFTC stole the show. Arensberg's commentary is headlined "Big Gold Shorts Covering Again" and you can find it at Stockhouse here:
http://www.stockhouse.com/Columnists/2010/March/30/Got-Gold-Report--Big-...
And at GoldSeek here:
http://news.goldseek.com/GoldSeek/1269960098.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Prophecy Resource Corp. Appoints Rob McEwen to Advisory Board
Prophecy Resource Corp. (TSX.V: PCY, OTC: PCYRF) is pleased to announce the appointment of Rob McEwen to the company's Advisory Board. McEwen is a leading Canadian mining industry entrepreneur. He is the chairman and CEO of U.S. Gold Corp. and Minera Andes Inc. McEwen was the founder and former chairman and CEO of Goldcorp Inc., whose Red Lake Mine in northwestern Ontario, Canada, is considered to be the richest gold mine in the world. During his tenure at Goldcorp, McEwen transformed the company from a collection of small companies into a mining powerhouse, growing its market capitalization from $50 million to approximately $8 billion.
For Prophecy Resource Corp.'s complete statement:
http://www.prophecyresource.com/news_2010_mar11b.php
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