you're 5,000,000 shares short comsec!, page-40

The two lower charts show why the US banks have been talking down gold so much during 2013; so they can buy aggressively to cover their shorts and build longs. Would they be buying like that if they really thought gold would stay down here?
No chance. This does not tell us what gold will do next week or next month but it does tell us what the banks expect medium term, and it's not lower prices for much longer. If they truly believed their price predictions for this year and next, why did they buy so aggressively last year when the average price would have been much higher than their 2014/2015 predictions? They covered almost their entire large short positions and have gone net long. They are out to make money for themselves, not for those that read their predictions. Pay attention to what they do not what they say.


http://goldsilverworlds.com/investing/gold-bull-market-resuming-its-uptrend-in-10-charts/