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Gene Arensberg: Big banks dominate Comex gold, silver

Section: Daily Dispatches

4:29p ET Monday, February 9, 2009

Dear Friend of GATA and Gold:

Market analyst Gene Arensberg, whose "Got Gold Report" now appears in Brien Lundin's Gold Newsletter (, has reviewed the latest gold and silver market data from the U.S. Commodity Futures Trading Commission from a trading standpoint and observes that the largest traders are positioning themselves for a fall in gold but not so much for a fall in silver. An abbreviated version of Arensberg's analysis has been posted at Stockhouse under the headline "Big Banks Dominate Comex Gold, Silver" and you can find it here:

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

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