this is from bill murphy of gata, and he has already mentioned most of this information in an intervew at kingworldnews.com so here is the commentary from his site. the london trader he mentions is very reliable, and almost never wrong:

Our STALKER source just called and sends us the following after a first time, in person meeting with the uncanny London trader in England…

*The London trader has picked up two new MAJOR American accounts – one is a wealthy individual and the other a large corporation.

*Both are accumulating large quantities of physical gold and are doing so overseas. The first batch was secured at $1034, with another significant batch to go. It was very difficult to secure.

*Physical gold is EXTREMELY hard to buy in SIZE. His sources are firms that have been in the gold business for 50 years. He believes it is going to get more difficult to secure supply in the weeks and months ahead.

*One day we are going to wake up and there will be NONE available.

*He is looking for the price of gold to go to $1150 to $1250 in 6 months, which seems very conservative to me considering the growing lack of physical supply.

*The US Government is going to hit the yen as a way of protecting US interest rates.

That’s really good stuff … especially so because it confirms the input Rob Kirby and Adrian Douglas have sent our way. This confirmation is just about coming from the horse’s mouth. It also helps to explain why The Gold Cartel raids keep failing.

More useful input just came in from a highly regarded bullion dealer, which also confirms why gold can’t get through $1070. There is a massive "digital option" (whatever that is), which expires next Wednesday. It so large the thinking is that it is a central bank. This why all rallies toward that price level continue to fail … FOR NOW.