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Subject Bullion banks dump their gold and silver short positions ready for the coming rally in precious metal prices

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Original Message Bullion banks have massively scaled back their short positions in gold and silver during the recent price crash and are now well positioned to profit from a rally in precious metal prices, according to the latest TF Metals Report.

It concludes: ‘The Bullion Banks have now reduced their net liability in gold by over 75 per cent and, in silver, by over 83 per cent… all since the game-changing announcement of QE last September’. This has been an eight-month unwinding program with the last phase being the price manipulation and crash in April.

[link to www.arabianmoney.net]

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