"After a remarkable day of trading in the gold and silver markets, today the man who made one of the greatest market calls in history told King World News that the wild trading action in gold and silver has stunned market participants, and a historic buy signal has just taken place. Below is the incredible interview from Ben Davies.
Davies: “Eric, I was interviewed on CNBC yesterday with Chris Powell. We were talking about surreptitious behavior in the gold and silver markets, particularly last Friday and early Monday. We were on for about 15 minutes but unfortunately there wasn’t a long clip. So I wanted to tell the King World News readers globally my viewpoint in light of the incredibly volatile action we have just witnessed and the quite deliberate call I made in last week’s KWN interview. The wild trading action in gold and silver has stunned market participants and caught the shorts completely off guard...
“But we strongly believe as a firm that the gold market has bottomed. Silver has finally given me the egregious bullish divergence that I was looking for. We saw a 6 percent downdraft in a totally illiquid market in early Asian trading on Monday -- just asinine price movement..."
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/12/2_Wild_Trading_Action_In_Gold_%26_Silver_Stuns_Market_Participants.html
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