Monday, April 15, 2013

Massive $20 Billion Paper Gold Sell Orders Trigger Stop Loss Selling And Unfounded Panic

The key take away message is inventories of physical gold bullion at the COMEX are at all-time lows, yet the spot price continues to plummet, as the bullion banks are selling hundreds of tons of paper gold.  It is clear evidence of manipulation--or price suppression in this case.  That's why buyers should be buying physical bullion and coins--and not levered virtual paper contracts (futures or options) which are merely legal claims.

http://www.goldcore.com/goldcore_blog/massive-20-billion-paper-gold-sell-orders-trigger-stop-loss-selling-and-unfounded-pani

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