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Gene Arensberg: Record silver shorts may be insurance for more patient longs

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Published : June 17th, 2014
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Category : GoldWire

The Got Gold Report's Gene Arensberg speculates tonight that the record silver futures short position held by "managed money" funds may be less a one-way short-term bet on falling prices than a form of insurance for long-term long positions. Arensberg's commentary is headlined "Comex Managed Money Record Silver Shorts More Like Insurance than a One-Way Bet" and it's posted at the Got Gold Report here:

http://www.gotgoldreport.com/2014/06/comex-ma...ord-silver-s...

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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