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Message: Credibility Check Please

FOCUS: Speculators Return To Cutting Precious Metals Bullish Positions – CFTC

By Debbie Carlson Kitco News
Monday April 29, 2013 11:33 AM

(Kitco News) - Large speculators returned as sellers of precious metals futures and options on the Comex division of the New York Mercantile Exchange and the Nymex, trimming back exposure in all precious metals and slashing gold positions, according to U.S. government data.

And so the price is up? I've come to consider "US government data" with the same credibility as a Richard Prior diologue.

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