searcher9

another link on that 'glitch' http://www.infowars.com/investors-spooked-...s-gold-to-3400/ any of you 'day traders' ever seen a glitch like this before?

hey man, it's an old article & I can see them getting grumpy about it....yes.

I think you missed a word out Roman Holiday. 'physical' "This only serves to bolster the market price of physical gold."

what if this was a sign: https://www.kitcomm.com/showthread.php?t=66321 GoldSep 10 (GCU10.CMX) traded at $3,401.50 today did you miss it? obviously the chart has disappeared now, but I saw it for myself on that very day. afaik, this has never happened before & was being talked about all around the web. iirc one of your very well informed posters put a link up. We all know the disconnect has already happened between paper gold and physical gold, now it's just a matter of time. I think time is very,very short. Days/weeks ??

Central Banks' Gold Disposals Drop 40% in Accord, World Gold Council Says. http://www.bloomberg.com/news/2010-09-27/e...il-reports.html Central banks and the International Monetary Fund sold about 94.5 metric tons of gold in the year that ended yesterday, the lowest amount under an agreement that began in 1999, according to data from the World Gold Council. Eurozone banks disposed of 6.2 tons, led by Germany, Greece and Malta, while the International Monetary Fund sold 88.3 tons. The figure for the eurozone banks was 96 percent below last year’s 142 tons. The data run through Sept. 14 and the first year of the third five-year agreement ended yesterday. Gold is heading for a 10th consecutive annual advance, the longest winning streak since at least 1920, spurring central banks globally to add the metal to reserves. Combined central bank holdings rose in every quarter since the second quarter of last year, data from the council show. The Central Bank Gold Agreement was announced more than a decade ago because of concern that uncoordinated selling was destabilizing the gold market and driving down prices. Gold fell from a then-record $850 an ounce in 1980 to $253.83 in February 2001. It reached a record $1,300.07 on Sept. 24.

very surprised that no-one has post this yet as it is VERY important. paper gold (ETF). :o http://www.ft.com/cms/s/0/b9859c7e-c99b-11...html?ftcamp=rss Europe’s central banks halt gold sales By Jack Farchy in Berlin Published: September 26 2010 22:08 | Last updated: September 26 2010 22:08 Europe’s central banks have all but halted sales of their gold reserves, ending a run of large disposals each year for more than a decade. The central banks of the eurozone plus Sweden and Switzerland are bound by the Central Bank Gold Agreement, which caps their collective sales. The lack of heavy selling is important for gold prices both because a significant source of supply has been withdrawn from the market, and because it has given psychological support to the gold price. On Friday, bullion hit a record of $1,300 an ounce. “Clearly now it’s a different world; the mentality is completely different,” said Jonathan Spall, director of precious metals sales at Barclays Capital. European central banks are unlikely to sell much more gold in the new CBGA year, according to a survey by the Financial Times. so you won't be able to buy physical in large amounts anywhere soon imo. You cash in your paper gold, it sits in sterling/dollars/euros.....but you can't buy any physical......uh oh...