The TF Metals Report's Craig Hemke, writing at Sprott Money, argues tonight that futures trader positioning data does not suggest that the bullion banks are planning to profit from a short squeeze. Rather, Hemke says, the banks are letting off easy the traders who are now short, so as to maintain the old charade of a market in the monetary metals.
Hemke's analysis is headlined "The Banks Are Not on Your Side" and it's posted at Sprott Money here:
https://www.sprottmoney.com/Blog/the-banks-ar...-your-side.html
