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FSN: Gold Market Report: The Metals Get Off The Mat

Friday, April 26, 2013 18:24
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(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

by Alasdair Macleod
Gold Money

Gold neon sign This week it transpired that the fall in gold and silver prices achieved the desired effect of shaking some of the bulls out of their positions. The hedge funds who recently went short, if they were in on the game, will be closing their shorts; those that were not, got lucky and will do the same. Unfortunately for those that engineered the price-drop, people all over the world took the opportunity to buy physical in what they decided was a bargain offer. Official mints and coin dealers quickly ran out of stock. Trade associations in the bullion business in India, China and elsewhere reported massive surges in demand. Never, it seems, have the hoarding desires of seven billion people been so effectively co-ordinated.

Continue Reading at GoldMoney.com…



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