EASTERN HEMISPHERE PHYSICAL GOLD BUYING IS GOING TO BE THE FEDERAL RESERVE’S WATERLOO!

Thursday, May 9, 2013
By Paul Martin

SilverDoctors.com
MAY 9, 2013

Connecting all the dots, there is no question in my mind that the big price smashing of gold in mid-April was an operation designed to shake loose enough 400 oz. gold bars out of GLD in order to satisfy the enormous delivery demands coming from Asia, India and even within Europe. GLD is the only possible source of above-ground 400 oz. gold bars that could be used to satisfy this enormous demand for physically deliverable bars.

At some point, and probably sooner than most people are willing to believe, this physical demand is going to force an upward “explosion” of the paper derivatives being used to hold down the spot price right now.

In 30 years of studying and trading the financial markets, I have never seen contrarian indicators for any market sector flashing as bullishly as they are for gold and silver, which further confirms my view that the metals have bottomed and are getting ready to give those of us who held on the ride of a lifetime.

The Rest…HERE

Leave a Reply

Support Revolution Radio