Agoracom: Small Cap Investment - Golden Minerals Company - Massive Physical Gold Buyers Just Below These Levels

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Welcome To The Golden Minerals HUB On AGORACOM

Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Massive Physical Gold Buyers Just Below These Levels

posted on Oct 07, 2010 09:29PM

Latest word out of London from Eric King's insider contacts (nice bunker you have there Eric :) )

Full story hot off the presses over at:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/10/7_Massive_Physical_Gold_Buyers_Just_Below_These_Levels.html

Massive Physical Gold Buyers Just Below These Levels

After the drop in gold and silver today, King World News contacts out of London have confirmed massive physical purchase orders on gold between $1,308 and $1,317. One source who wishes to remain anonymous stated, “It will take a massive amount of physical gold to take out those levels. You can have shenanigans in the paper market, but there is an underlying physical market here in London and that is where the floor appears to be for now.”