Commentaries

The Physical Buying In Asia Is Going To Destroy The Paper Shorts On Wall Street

From today’s JB report found in the Midas’ commentary at http://www.lemetropolecafe.com/:

Reuters has a colorful story datelined Singapore today:

“The market is very hot. There’s plenty of physical demand and I can’t meet the orders. It’s from India, Indonesia and Thailand,” said a physical dealer in Singapore. “Basically we are seeing buying from jewellers and investors from the Far East.”

Source: http://truthingold.blogspot.com/2010/07/physical-buying-in-asia-is-going-to.html