Gene Arensberg: Commercial short positions still low for gold, silver

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12:35p ET Sunday, November 23, 2008

Dear Friend of GATA and Gold:

In his new "Got Gold Report" at Resource Investor, Gene Arensberg writes that the large commercial traders maintain exceedingly small short positions in gold and silver futures on the New York Commodities Exchange and that a lot of silver has started to leave Comex depositories. Arensberg's commentary is headlined "Commercial Short Positions Still Low for Gold, Silver" and you can find it at Resource Investor here:

http://www.resourceinvestor.com/pebble.asp?relid=48202

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

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