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Big commercials don’t see metals going lower, Arensberg reports

April 30, 2012 by · Leave a Comment 


8:50p ET Friday, April 27, 2012

Dear Friend of GATA and Gold:

In his Got Gold Report bulletin tonight, Gene Arensberg reports that the big commercial traders have greatly cut back their short positions in gold and especially in silver, indicating that they don’t expect the monetary metals to move lower. Arensberg’s report is headlined “Gold and Silver Disaggregated COT Report for April 27″ and it’s posted at the Got Gold Report’s Internet site here:


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

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