London Trader: 40+ Tons of Physical Gold Acquired Yesterday!

• Don’t be too concerned with the latest smash down of gold and silver by the bullion banksters. It is just a managed retreat. They know that physical demand is overpowering and gold price will go higher. They are just not ready yet to abandon their world fiat currency hegemony ie. USD, so they take gold down. The smart money has been steadily accumulating gold and abandoning fiat currencies.
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  London Trader – 40+ Tons of Physical Gold Acquired Yesterday! 
  by www.kingworldnews.com
  With many global investors still concerned about the price of gold and silver, today King World News interviewed the “London Trader” to get his take on these markets. Here is what the source had to say: “Yesterday when we dropped through $1,700, you would not believe the amount of physical tonnage orders that filled. US centric traders tend to concentrate on the COMEX, but the real market is made in London.”
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  These momentum traders ran into a very large sovereign order near the $1,680 area. When gold broke through $1,680 there were layered physical orders. Over 40 tons of physical gold were filled below $1,680….
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  … for more click here!

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