problems with igr, page-4

Anybody looking for a reason to hold or buy the dips need look no further....


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/4/5_London_Trader_-_Feds_Global_War_Against_Gold_Escalating.html

Every day at the fix, regardless of price, sovereign entities are buying physical gold. They are averaging in at the fixes, as well as during the declines. On top of that, there are bids for hundreds of tons of physical gold starting at the $1,610 level and below. This is why the recent decline in gold halted $2 above that level.


"Regardless, these physical buyers will be purchasing at the fix going forward, even if the price of gold rises. This is why the smart money, the few individuals and entities that are in the know, continue to accumulate physical gold. These well financed individuals and entities are buying because they know they will be in profit.


After ten days of the price being pummeled, after seeing these relentless sell orders come in, day after day, I can understand how smaller players can get demoralized. Many of these smaller players have been in the mining shares, and while gold has risen $1,000 to $1,500, many of the smaller companies are the same price. "