Moneta Gold Inc Com MPUCF

While the paper price of gold is...

[Kapboy]

dropping, the amount of physical gold that central banks etc. have taken delivery of, has risen dramatically. Think about it, why would you want to go through all the hoops of taking delivery of physical gold...the costs of transporting it, storage costs etc. if you felt the price was going to drop. Would it not be easier just to strickly trade paper and avoid all the aforementioned problems? Russia China want a permanent position in physical gold. Once the gold is delivered, it will not be leaving.

The volume of gold leaving the west for eastern destinations is well documented. What we saw yesterday is the final flush out. My best thought, is the price of gold will be alot higher in two weeks time. Hey, I could be wrong, but we shall see.

Best of luck too us all.

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Kapboy