Sorry for the double post there...

As the Agoracom wire above says: "don't panic".

From Ed Steer today…a few headlines

Qatari wealth fund plans $10 billion gold mine buying spree

The Qatari royal family plans to spend up to $10 billion (L6.4 billion) buying stakes in gold producers through their sovereign wealth fund, The Daily Telegraph can disclose.

The fund is seeking to invest in a range of natural resources, but gaining access to physical gold is its top strategic priority.

This story showed up in The Telegraph yesterday...and I stole it from a GATA release. The link is here.

Asian demand 'insatiable' as Western gold moves east, London trader tells King World News

The Asians have been buying like crazy, all through this takedown they have been buying. We have seen massive premiums and bottlenecks in supply, they simply cannot get enough physical metal as the prices have dropped. The demand has literally been insatiable. As I have stated before, the central bank gold, which was used to sell the market down, has gone to vaults

Gold will rise as ECB and euro sink, fund manager Zulauf tells GoldMoney's Turk

Interviewed by GoldMoney's James Turk, Swiss fund manager Felix Zulauf explains how the European Central Bank is losing solvency and credibility and why he thinks gold will go higher with debasement of the euro. The video interview is 22 minutes long and is posted over at the goldmoney.com website. The link is here.