Big traders' gold short-covering is largest in 5 years, GGR says
Dear Friend of GATA and Gold:
A flash from Gene Arensberg at the Got Gold Report says the big commercial traders in gold and silver used the recent plunge in prices to cover a lot of their short positions. Arensberg writes that the short-covering by the big traders in gold was the largest in almost five years. The flash is posted at the Got Gold Report here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.