Monday, March 26, 2012

Caesar Bryan - Central Banks Aggressively Buying Gold

" Caesar told KWN that central banks have been aggressively accumulating physical gold into weakness in the paper price of gold. Caesar went on to discuss silver and the mining shares as well, but first here is what he had to say about gold: “Well, there’s been a bit of a transfer from the paper players, those involved on the COMEX and in the futures market who have been liquidating. On the other hand, the physical buyers, including central banks, are stepping in to accumulate gold.”

Caesar Bryan continues:
“The central banks have been accumulating a great deal of physical gold at these lower levels. So there’s a bit of a tug of war going on between the futures market and the physical market."

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/23_Caesar_Bryan_-_Central_Banks_Aggressively_Buying_Gold.html

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