perth mint bullion, page-10

"We’re seeing this rush to physical gold not only in the retail market, but also for the institutional players...it's just overwhelming. I estimate a 130-to-1 ratio of paper to physical gold and I think in the last week we were really close to triggering a default of the paper market."

Naked short selling! It should be outlawed! Ok if they can drive the price down, but if they cant they are stuffed!