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Craig Hemke at Sprott Money: Trader data not so bullish for gold, silver

Section: Daily Dispatches

3:27p ET Wednesday, September 12, 2018

Dear Friend of GATA and Gold:

Trader positioning data in gold and silver futures in the United States is not as bullish as the prevailing analysis describes, the TF Metals Report's Craig Hemke writes today at Sprott Money. Particularly, Hemke writes, nothing in the data shows that JPMorganChase & Co., the big player in the monetary metals markets, has gone long in the monetary metals.

Hemke's commentary is headlined "What Is a Bank and What Is a Commercial?" and it's posted at Sprott Money here:

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


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