" 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.”
at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/3/23_Caesar_Bryan_-_Central_Banks_Aggressively_Buying_Gold.html
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
No comments:
Post a Comment