Wednesday, September 3, 2008

Why Goldbugs Are Hopeful ? Click this Gata Link

Gold and Silver markets were "managed" down to lower levels, the gold market manipulation proof is here. But Goldbugs at GATA are hopeful and confident that manipulation will fail, why ? Well, they are hopeful because of India ! That's right ! You should read this, click the title of this post.

I like to look for simple facts that confirm my view of the market. I found out that there are extremely high premiums on physical gold and silver metals delivery in US. And globally the demand and premiums both are high, and there are delays in ready delivery. You can sure be hopeful that any kind of manipulation will fail in this situation.

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