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:
Sold out or shortages of physical gold have been experienced almost everywhere:
.... while the relentless buying by the Central Banks of the BRICS and Emerging Markets continues to accelerate.
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)
