Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench

GoldMoney's Macleod: Banks closing gold shorts but can't in silver

IMG Auteur
Published : February 19th, 2013
52 words - Reading time : less than a minute
( 1 vote, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : Goldmoney, Silver
Category : GoldWire

GoldMoney research director Alasdair Macleod reports today that bullion banks have been aggressively closing their short positions in gold but have been unable to close them in silver. His report is headlined "Spike in Banks' Net Short Silver Position" and it's posted at the research section of GoldMoney's Internet site here:

http://www.goldmoney.com/gold-research/alasda...e-in-banks-n...

Companies Mentionned : Bullion |
<< Previous article
Rate : Average :5 (1 vote)
>> Next article
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.
WebsiteSubscribe to his services
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
The Gold Standard: Generator & P...
20:48user4779
Is it really so bad for Americans that they do not spend their lives labouring on a production line to make mass-produced goods, and have left this...
The Gold Standard: Generator & P...
01:17sam_site
You state, “To continue selling to the West, China will have to open wide its doors to imports” Here’s the crux of your argument of why Chin...
The euro crisis
00:07overtheedge1
"There is no immediate benefit from debating why." Debate? That would be like debating whether or not gravity exists. You stated the obvio...
The Ultimate Confirmation
29 Junovertheedge
It would appear that we share the same conclusion. A few sealed cans of kerosene might be handy as well. Thumbs up sir.
The Ultimate Confirmation
29 JunS W.1
My main sentiment here is why swap dollars for gold or silver only to sell at some later date for more dollars when that same paper is continually ...
The Ultimate Confirmation
28 Junovertheedge1
Well, gotta admit that there is a problem if a person tries to play silver as both an investment and as an insurance policy. I would suggest th...
The Ultimate Confirmation
27 JunS W.
Fair call, overtheedge. I've given Butler short shrift several times. Fancy spending 30 yrs analysing the silver market likely believing Ag...
The Ultimate Confirmation
27 Junovertheedge1
C'mon SW. Using the storage and transport issue you have tossed out would hold true for most all commodities; iron ore, wheat, pork bellies, oil, e...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Mining Company News
Viking Gold Expl.(Ag-Au-Cu)VGC.V
signs option to acquire Valor Energy Ltd. with plan to form a separate public company
CA$ 0.00+0.00%Trend Power :
Corporate news
Goldcorp(Cu-Le-Zn)G.TO
announces closing of secondary offering of shares of Tahoe Resources
CA$ 20.14-0.67%Trend Power :
Corporate news
Tahoe ResourcesTHO.TO
Announces Closing Of Secondary Offering By Goldcorp Inc.
CA$ 15.10-3.70%Trend Power :
Corporate news
Marathon GoldMOZ.TO
Closes First Tranche of $3.5M Financing
CA$ 0.24-4.00%Trend Power :
Financings
Marathon GoldMOZ.TO
Closes First Tranche of $3.5M Financing
CA$ 0.24-4.00%Trend Power :
Financings
Claude Resources(Au-Cu-Ngas)CRJ.TO
Increases Land Position at the Seabee Gold Operation and Consolidates Two Joint Venture Agree
CA$ 0.67-2.90%Trend Power :
Exploration and drilling
Eldorado Gold(Au-Fe)ELD.TO
Receives Project Permit Approval for the Eastern Dragon Project
CA$ 5.12+2.20%Trend Power :
Exploration and drilling
Gran Colombia.(Au)GCM.TO
Voting Results of the Annual Meeting of the Shareholders of Gran Colombia
CA$ 0.32+0.00%Trend Power :
Corporate news
Guyana(Ag-Cu-Ni)GPM.V
GPM METALS INC. announces Results of 2015 Annual Meeting
CA$ 0.12+0.00%Trend Power :
Corporate news
Talon Metals(Au)TLO.TO
announces results of AGM
CA$ 0.15+0.00%Trend Power :
Corporate news
Comments closed