Gene Arensberg: Big traders are least short gold in years

3p ET Monday, November 10, 2008

Dear Friend of GATA and Gold:

Gene Arensberg's new "Got Gold Report" at Resource Investor says the big commercial traders in gold on the New York Commodities Exchange are the least short they've been in more than three years while the gold holdings of the exchange-traded funds remain strong. Arensberg's report is headlined "Comex Commercials Least Net Short Gold in Years" and you can find it at Resource Investor here:

http://www.resourceinvestor.com/pebble.asp?relid=47779

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

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