Commodity Trade Mantra

Posts Tagged ‘Naked Shorting’

Silver Coin Sales At US Mint Soar To Highest In Two Years

American Eagle silver coin sales surged to 5.79 million ounces, the most since January 2013, the month that set an all-time high at 7.5 million. Friday sales jumped 33% in one of the busiest times this year”, Tom Jurkowsky, a spokesman at the Washington-based mint, said in an interview. Last month’s total was 4.14 million.

Will The Real Gold Manipulator Please Stand Up?

If it is true that JPMorgan and the three other U.S. banks have a large net-long gold positions equal to nearly 15% of Comex open interest, then who is naked shorting into this market? Will the real manipulators please stand up?

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