You are here
Dave Kranzler: Comex is zombie market as hedge funds go record short paper gold
12:53p ET Tuesday, December 1, 2015
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics notes today that trader positioning data for the gold contract on the New York Commodities Exchange has cycled back in position for the bullion banks to press another squeeze upon hedge-fund shorts and push the gold futures price up again. Kranzler concludes that the Comex is a "zombie" market that eventually will be left with no genuine participants besides those who are rigging it. His commentary is headlined "The Comex Is a Zombie Market: Hedge Funds Record Short Paper Gold" and it's posted at Investment Research Dynamics here:
http://investmentresearchdynamics.com/the-comex-is-a-zombie-market-hedge...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
USAGold: Coins and bullion since 1973
USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.
Please call 1-800-869-5115x100 and ask for the trading desk, or visit:
USAGold: Great prices, quick delivery -- all the time.
Support GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
