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

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

Submitted by cpowell on Sat, 2013-08-03 20:00 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... [1]

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



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Source URL: http://www.gata.org/node/12879

Links
[1] http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/3_Incredibly_Important_Developments_In_Gold_%26_Silver_Markets.html
[2] http://www.jsmineset.com/2013/07/23/new-york-qa-session-announced/
[3] http://www.goldrush21.com/order.html
[4] http://gata.org/tshirts
[5] http://gata.org/node/wallstreetjournal
[6] http://www.gata.org
[7] http://www.gata.org/node/16