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A 'whale' is hiding in Comex gold futures, GoldMoney's Macleod tells KWN
11:24a ET Sunday, December 22, 2019
Dear Friend of GATA and Gold:
With open interest in Comex gold futures contracts rising to record levels, GoldMoney research director Alasdair Macleod tells King World News today, "there is a gargantuan struggle between bulls and bears, the speculators and the bullion banks," and "a whale appears to be hiding in Comex gold futures" with a position of perhaps as much as $15 billion.
This, Macleod adds, could be "an attempt to break the Comex bank."
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Meanwhile the U.S. Federal Reserve continues injecting nearly infinite amounts of money into the banking system, with inflationary implications.
Macleod's comments are posted at KWN here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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