Gold price falling as bullion banks wind back short positions

From Arabian Money.net: Something major is a foot in the paper gold markets of the COMEX. The major bullion banks have been winding back their short futures positions in the past couple of weeks.

This followed a statement by the CTFC chairman about enforcing strict limits on the short positions of the major players to avoid market manipulation. That falls under the new powers of the financial sector reform bill in the US.....read on