Big commercials don't see metals going lower, Arensberg reports
8:50p ET Friday, April 27, 2012
Dear Friend of GATA and Gold:
In his Got Gold Report bulletin tonight, Gene Arensberg reports that the big commercial traders have greatly cut back their short positions in gold and especially in silver, indicating that they don't expect the monetary metals to move lower. Arensberg's report is headlined "Gold and Silver Disaggregated COT Report for April 27" and it's posted at the Got Gold Report's Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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Golden Phoenix Discusses Royalty Mining Growth Strategy
on '21st Century Business' on Fox Business Network
Golden Phoenix Minerals Inc. has discussed its royalty mining growth strategy on the Fox Business Network program "21st Century Business" with host Jackie Bales. Golden Phoenix's director of corporate communications, Robert Ian, told how the company narrows its focus to project generation and future royalty streams. He explained why Golden Phoenix believes it's better to own joint-venture interests in several producing mines instead of full exposure to just one project.
"21st Century Business" has been airing for 15 years. Previous hosts have included Gen. Alexander Haig, Gen.l Norman Schwarzkopf, and Secretary of Defense Caspar Weinberger. Golden Phoenix appeared as paid programming on this broadcast.
To view the program with Golden Phoenix, please visit Golden Phoenix's Internet site here: