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Gene Arensberg: Comex managed money traders covering silver shorts big-time
12:25p ET Saturday, June 28, 2014
Dear Friend of GATA and Gold:
Gene Arensberg of the Got Gold Report today elaborates on this week's futures trader report in silver, attributing the metal's price rise to short covering by "managed money." He concludes: "Will managed money traders continue to press the long side and continue to cover their remaining short positions in a bid to squeeze silver? Odds are we are about to find out."
Arensberg's commentary is headlined "Comex Managed Money Traders Covering Silver Shorts Big-Time" and it's posted at the Got Gold Report here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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