Craig Hemke at Sprott Money: The banks are not on your side

Section:

8:48p ET Tuesday, October 9, 2018

Dear Friend of GATA and Gold:

The TF Metals Report's Craig Hemke, writing at Sprott Money, argues tonight that futures trader positioning data does not suggest that the bullion banks are planning to profit from a short squeeze. Rather, Hemke says, the banks are letting off easy the traders who are now short, so as to maintain the old charade of a market in the monetary metals.

Hemke's analysis is headlined "The Banks Are Not on Your Side" and it's posted at Sprott Money here:

https://www.sprottmoney.com/Blog/the-banks-are-not-on-your-side.html

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



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