First, here is what Haynes had to say: “It was a solid week of steady buying. Quite a few large orders,
with one huge order. This was solid buying despite prices being range bound.
Range bound of course until today, with big price drops in both metals. Half of
this week’s $58 price drop (in gold), and 1/3 of silver’s price drop came
Friday.”
Sunday, February 17, 2013
Norcini & Haynes - One Huge Gold Buyer & Hedge Fund Mo
"Today acclaimed trader Dan
Norcini and 40-year veteran Bill Haynes, President of CMI Gold & Silver,
spoke with King World News about the recent gold and silver smash. Haynes told
KWN there was a very large first time buyer, and Norcini spoke about the key
hedge fund activity in both gold and silver.
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