Bron Suchecki: Producer/merchant net long in gold is not necessarily bullish

Section:

10:40a ET Friday, December 6, 2013

Dear Friend of GATA and Gold:

The Perth Mint's Bron Suchecki speculates today that the producer/merchant category has reversed to the long side in the U.S. Commodity Futures Trading Commission's latest report on trader positions simply because of a rise in inventories as the West loses interest in gold. Suchecki's commentary is headlined "Producer/Merchant Net Long Is Not Necessarily Bullish" and it's posted at his Internet site, Gold Chat, here:

http://goldchat.blogspot.com/2013/12/producermerchant-net-long-is-not.ht...

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



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