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Craig Hemke at Sprott Money: Is China hiding its gold shorts among the speculators?

Section: Daily Dispatches

1:49p ET Wednesday, August 1, 2018

Dear Friend of GATA and Gold:

While trader positioning in the gold futures markets seems extremely bullish, market analyst Craig Hemke of the TF Metals Report today notes the recent tight correlation of gold prices with the valuation of the Chinese yuan and wonders whether the Chinese government is hiding its short positions among those listed as belonging to speculators.

Hemke's analysis is headlined "The Yuan-Gold Peg and the Commitment of Traders Report" and it's posted at Sprott Money here:

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


Juggernaut Commences Inaugural Drill Campaign on Its Empire Property

Company Announcement
via Globe Newswire
Tuesday, July 31, 2018

VANCOUVER, British Columbia, Canada -- Juggernaut Exploration Ltd. (JUGR.V) is pleased to report it has commenced diamond drilling and IP programs on its Empire property, 40 kilometers northeast of Terrace, British Columbia.

Program highlights:

-- Inaugural drill program started on Empire at the MaxMin zone.

-- 2018 IP survey at Big One identifies significant chargeability anomaly in the subsurface coincident with the airborne EM anomaly.

-- New Jay-Bear zone discovered on Empire that is situated on regional northwest trending geophysically indicated structure.

Diamond drilling will commence August 7 on Midas. ...

... For the remainder of the announcement:

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018

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