'Massive short-covering rally' likely in silver, GGR's Arensberg says

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'Massive short-covering rally' likely in silver, GGR's Arensberg says

posted on Jul 04, 2012 02:12PM

Dear Friend of GATA and Gold (and Silver):

Analyzing futures trading data and finding the big commercial traders the least short in silver in a decade, Gene Arensberg of the Got Gold Report expects a "massive short-covering rally." Arensberg's commentary is a 27-minute video presentation here:

http://www.gotgoldreport.com/2012/07/comex-silver-futures-skewed-short-p...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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