You are here

Big commercials nearly long in gold, Norcini tells King World News

Section: Daily Dispatches

8p ET Saturday, August 3, 2013

Dear Friend of GATA and Gold:

Futures market analyst Dan Norcini tells King World News tonight that the recent shorting of gold futures has been done by hedge funds and small speculators and that the big commercial traders, the bullion banks, are close to holding a net long position. In any case, Norcini says, the commercials have not had such a small short position in years. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/3_Inc...

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



ADVERTISEMENT

Jim Sinclair plans Westchester County seminar Aug. 20

Mining entrepreneur and gold advocate Jim Sinclair plans a gold investing seminar from 1 to 5 p.m. on Tuesday, August 20, in Tarrytown in Westchester County, New York. For information on attending, please visit his Internet site, JSMineSet.com, here:

http://www.jsmineset.com/2013/07/23/new-york-qa-session-announced/



Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16