2012-05-08implode-explode.com

From today's GATA "Midas" bulletin:

*The STALKER himself, who trades in London, has been out of the market, but expects to be back in within a month.

*Our source is very excited about the Shanghai Exchange and opening of the Pan Asian Gold Exchange (PAGE) on June 28th. Last reports had PAGE not opening, but this info says things have changed.

Our source is particularly excited because the trading in these exchanges will allow traders to trade 24 hours a day in the physical markets, which he intends to do. This source is particularly aware of The Gold Cartel and their drive-by shooting antics. With the Chinese market growing like it is, this trading is going to gradually curtail the effectiveness of The Gold Cartel during time zones when they have had free reign.

This source went on to say that business is very good now with "major players" out there purchasing gold. "Big guys." However, he said some selling is coming from traders who loaded up many months ago, looking to do "brisk" business these days, which did not really materialize and they have been selling ... dumping their inventory. I am told that this inventory will be used up fairly quickly, and then it ought to be off to the races again.



Comments: Be the first to add a comment

add a comment | go to forum thread