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What's Happening With Gold?

PART I & II - With Special Guest: John Rubino

35 Minutes, 38 Slides

The April 12th sell off in Gold was a 7 Sigma event. The probability of this occurring is equivalent to meeting a 7'-7" person . Has that ever occurred to you? I have been to many Boston Celtics games and I can tell you personally, I have yet to have it ever occur to me! Rare indeed?

Special Guest John Rubino and I discuss the details of the 400 Tonnes of 'paper' gold dumped on the thinly traded markets in 2 hours on April 12th, who the holders of the shorts at the time were and what the likely strategy 'in play' was.

Whatever the strategy may have been, the results have been a massive surge in physical retail gold buying around the world:

Retail Demand for Gold goes Nuclear in Asia

Sold out or shortages of physical gold have been experienced almost everywhere:

Chinese Gold Exchange Sold Out - Begins Importing From Switzerland

.... while the relentless buying by the Central Banks of the BRICS and Emerging Markets continues to accelerate.

Chinese Gold Imports from Hong Kong

With the aid of 38 slides, the story of what is really going on in GOLD is carefully unwound and exposed for what it is.

Part I & II (Part II starts at 21:39 Minutes)

 

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