Gold Price Dynamics

JulieW · Dec 23, 2011

http://kingworldnews.com/kingworldn...are_Witnessing_a_Historic_Bottom_in_Gold.html

"This is a huge, tectonic shift in price dynamics going forward because it is taking price discovery away from the bullion banks. These large Chinese buyers and sovereign entities which are doing this are going to have a massive impact on the market.

Interestingly, so many people are bearish on gold right now and looking for a collapse in the price of gold. They don't understand what is happening in the physical market. The bullish fundamentals I just described to you have enormous implications.

We are making a historic bottom right now............

.................. The London Trader previously told KWN on October 21st that China had purchased a massive amount of physical gold at the lows of the October 20th session. That marked the dead low for the price of gold in October and gold rallied roughly 10% in the following 8 trading sessions.
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Gold Price Dynamics

JulieW Well-Known Member Silver Stacker

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Gold Price Dynamics

JulieW Well-Known Member Silver Stacker

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