Submitted by cpowell on 08:57AM ET Monday, July 18, 2011. Section:
Daily Dispatches 11:54a ET Monday, July 18, 2011
Dear Friend of GATA and Gold:


A London trading source tells King World News today that massive short covering is likely in gold with a close above $1,600 and in silver with a close above $40. An excerpt from the interview is headlined "Potential for Major Short Covering in Gold" and you can find it at the King World News blog here:


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/7/18_Lo...


CHRIS POWELL, Secretary/Treasurer

Gold Anti-Trust Action Committee Inc.