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
Monday, April 15, 2013
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