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REPORT ABUSIVE REPLY
Message Subject Gold hit $1365!
Poster Handle Anonymous Coward
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(Don't forget about all the crooked scumbags all meet this weekend in Washington - central bankers and IMF G20 crooks)
(plus long weekend profit takers then right into aggressive Treasury Auctions)

Massive Physical Gold Buyers Just Below These Levels

After the drop in gold and silver today, King World News contacts out of London have confirmed massive physical purchase orders on gold between $1,308 and $1,317. ...

[link to kingworldnews.com]
 Quoting: Anonymous Coward 1031339


"...confirmed massive physical purchase orders on gold between $1,308 and $1,317. ..."

Unless those purchasers are to take physical delivery, this is nothing more than paper contracts. We all know that gold is in short supply. They took their paper profits, then jumped back in when the price dropped, and are looking for the next run-up. Wash, rinse, repeat. Betcha Goldman-Sachs made a killing!
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GLP