Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

What's Happening With Gold?

IMG Auteur
Published : May 03rd, 2013
203 words - Reading time : less than a minute
( 6 votes, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

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:

24hGold - What's Happening Wit...

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

24hGold - What's Happening Wit...

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

24hGold - What's Happening Wit...

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)

<< Previous article
Rate : Average note :5 (6 votes)
>> Next article
Mr. Long is a former senior group executive with IBM & Motorola, a principle in a high tech public start-up and founder of a private venture capital fund. He is presently involved in private equity placements internationally along with proprietary trading involving the development & application of Chaos Theory and Mandelbrot Generator algorithms.
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
“That War You Ordered….”
19 Febscipionasica2
How splendid to read a clear and lucid article. I am a British citizen living in France and I confirm to you that the illogical nonsense fed to yo...
Alan Greenspan renews gold advocacy, Part 1
18 Febstinger
STFU Greenspan, shut your lie-hole already. When you had a chance to make a difference you sold us out. Nobody gives a chit about...
“That War You Ordered….”
18 Febcomptel
Very good article, except for the unneeded bad language!
Trump Fan John Paulson Cuts GLD Gold Investment as Inflation Hits 5...
15 FebChrisR13
Paulson still owns 4.3 million shares but don't forget GLD allows its biggest holders to redeem for the underlying physical gold but everyone else ...
Yet Another Wall Street 'Witch's Brew'
15 FebDRGEORGE0
I'm not an American but if I had a vote I probably would have voted for DT as the alternative was much worse. My biggest concern about DTs policies...
Left Behind
13 FebJ.1
Perhaps Secretary DeVos's primary purpose will be to dismantle the Dept. of Education. Woo Hoo! Stop wasting money on ineffective education that ...
Amazon Plans Robotic Supermarket Staffed by 3; Chinese Factory Elim...
13 FebDRGEORGE1
200 years later, the spirit of Ned Ludd lives on - except sam_site doesn't want to smash the machines - he just pretends they aren't there!
Is a Global Wide Cash Ban Coming?
10 Febsam_site
The war on cash is the the result of the 2008 massive redemptions of bank CDs as the herd panicked for the exits and cashed out. That's the real r...
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS