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

Section:

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:

https://www.sprottmoney.com/Blog/the-yuan-gold-peg-and-the-commitment-of...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


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