Chart usGOLD   Chart usSILVER  
 
Food for thought
Life is under no obligation to give us what we expect.
Margaret Mitchell  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1172.59-0.01
Silver 16.13-0.02
Platinum 1232.000.75
Palladium 788.20-1.55
WORLD MARKETS
DOWJONES 17391182
NASDAQ 463165
NIKKEI 16414756
ASX 550548
CAC 40 423392
DAX 9327212
HUI 156-8
XAU 65-3
CURRENCIES (€)
AUS $ 1.4231
CAN $ 1.4098
US $ 1.2524
GBP (£) 0.7830
Sw Fr 1.2051
YEN 140.6000
CURRENCIES ($)
AUS $ 1.1371
CAN $ 1.1265
Euro 0.7985
GBP (£) 0.6254
Sw Fr 0.9624
YEN 112.3100
RATIOS & INDEXES
Gold / Silver72.70
Gold / Oil14.81
Dowjones / Gold14.83
COMMODITIES
Copper 3.07-0.01
WTI Oil 79.20-1.32
Nat. Gas 3.890.06
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Gene Arensberg's GGR: Gold futures setup becoming bullish
Published : February 20th, 2013
99 words - Reading time : less than a minute
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet

Studying the latest futures trader data, Gene Arensberg of the Got Gold Report finds that the recent smashdown in gold appears to have been mainly the work of managed money funds rather than bullion banks and that the gold short position of the large commercial traders has become "quite low," a level "usually associated with lows or near lows for gold." Arensberg adds: "The setup is practically begging for a massive, very violent reaction just ahead."

This week's edition of the Got Gold Report is headlined "Gold COT Imbalanced, Becoming Bullish" and it's posted in the clear here:

http://www.gotgoldreport.com/2013/02/got-gold...y-release-of...

Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
Chris Powell
All articles by
Chris Powell
Next article by
Chris Powell
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Chris Powell

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.
Chris Powell ArchiveWebsiteSubscribe to his services
Most recent articles by Chris Powell
10/31/2014
10/31/2014
10/31/2014
10/31/2014
10/31/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer