Our STALKER source called and has some input for us regarding that brilliant London trader. This is the latest…
*He has been instructed to keep 50% of his funds in physical gold at all times.
*Gold is in "no-man’s land at the moment, in a trading range between $920 and $970.
*He does not expect gold take out $920, but it if does he will lighten up … with the notion gold might then drop to $880.
*Should gold take out $970, the London trader will be an aggressive buyer.
*Midas note: this is a departure from his usual pattern of buying weakness and selling strength.
*He expects gold to by flying in 4 to 6 weeks.
*Short term the London trader is not friendly to silver.
In addition our STALKER source reports there is a good deal of discussion in Europe about a coming banking collapse in the US … by CHRISTMAS. While discussed over there, the media is "sitting" on this talk in the US. Geez, now that’s a real surprise.
