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Message Subject Gold hit $1365!
Poster Handle Philippines
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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]

"...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!
 Quoting: Anonymous Coward 1122649

For purchases of that amount, how easy could it possibly be to demand delivery? Surely the billionaires could easily 'break the bank' if they wanted. This to me alone shows that the "elite" choose to be a part of the system
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