The TF Metals Report's Turd Ferguson today construes the latest trader positioning data in gold futures in support of his premise that the big bullion banks are flipping between long and short to suppress the price because their gold vaults are nearly empty. Ferguson's commentary is headlined "Understanding the Latest Bank Participation Report" and it's posted at the TF Metals Report here:
http://www.tfmetalsreport.com/blog/5918/under...-bank-partic...
