Gene Arensberg: U.S. banks still dominate gold, silver shorts

Submitted by cpowell on Mon, 2009-07-13 18:09. Section: Daily Dispatches

2:07p ET Monday, July 13, 2009

Dear Friend of GATA and Gold:

Gene Arensberg's new "Got Gold Report," abbreviated from Brien Lundin's Gold Newsletter (http://www.GoldNewsletter.com), has been posted at Stockhouse and in addition to updating the short position of the few investment banks that have been suppressing precious metals prices, it notes discussion at the U.S. Commodity Futures Trading Commission about imposing some meaningful position limits. Arensberg's commentary is headlined "U.S. Banks Still Dominate COMEX Gold, Silver Shorts" and you can find it at Stockhouse here:

http://www.stockhouse.com/Columnists/2009/Jul/13/U-S--banks-still-domina...

Or try this abbreviated link:

http://tinyurl.com/n63e9q

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