London Trader – 40+ Tons of Physical Gold Acquired Yesterday

The London gold trader source of King World News today reports massive buying of real metal as the commercial traders cover their short positions and even central banks buy the dip. “During this entire takedown in the gold market,” the London trader says, “there has been absolutely no selling of physical gold, only accumulation. You see people saying gold is headed to $1,620, $1,600, $1,500. I guarantee you these individuals do not know what’s going on in the physical market.”

via GATA

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