James Bay Lowlands & Bob Lake Saskatchewan

Yes, a BIG HIT and only more big hits are coming

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Message: Gold price.

Gold price.

posted on Aug 25, 2008 06:57AM

We are all aware about gold price fluctuation for the last month.

Gold and oil prices are the main contributor to the other commodoty\metal pricing and main indicators of the economy state.

However, the gold price recently shown very interesting behavior - the price of gold dropped dramaticaly and real gold disappeared from the market at the same time:

www.kitco.com

IMPORTANT NEW NOTICE: Demand for bullion products has increased significantly in recent days. As a result, we may experience delays in supply and possibly delays in processing and shipping by our vaults. We apologize for this inconvenience and will do everything in our power to service your orders as quickly as possible. While cancellation fees still apply, prices are guaranteed regardless of the length of the delay. We remain committed to providing you the best service no matter what market conditions prevail.

That means somebody is selling short gold and buys gold bullion. Somebody thinks it is a new war coming.

Any thoughts?

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