Bloomberg: ‘There’s a huge run on physical gold right now.’

[PathWalker]

http://www.prisonplanet.com/bloomberg-theres-a-huge-run-on-physical-gold-right-now.html
Bloomberg: ‘There’s a huge run on physical gold right now.’
Bloomberg
August 13, 2013

Bloomberg News television let Mihir Dange, co-founder of commodity trading firm Grafite Capital, remark that his company bought physical gold eight weeks ago but still hasn’t gotten delivery yet. Dange says “there’s a huge run on physical now.” Dange’s comment begins at the 1:30 mark in the video:

http://bloom.bg/19nDY1B

If any one can post the video here please assist, I do not know how.

In addition to the same subject:

Gold Shorts Cover At Fastest Pace In 13 Years
http://www.zerohedge.com/news/2013-08-12/gold-shorts-cover-fastest-pace-13-years



Gold shorts covered an enormous 23,518 futures contracts last week - the equivalent of 2,351,800 ounces of gold. With JPMorgan appearing to be calling everyone (here and here) to get their hands on gold to deliver, it seems our concerns over a short-squeeze are starting to solidify. The last time shorts collapsed at this fast a rate was in the 1999/2000 period which saw a considerable 33% squeeze ramp in gold prices over the space of 3 weeks in the fall of 1999. Notably, the gold short position still remains huge compared to historical values - having fallen back only to the previous all-time record high levels (i.e. plenty of room for moar squeeze). In addition to this surge in covering, Gold ETFs saw their first inflows in 2 months.

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/08/20130812_Gold1_0.jpg


as Gold ETFs saw their first inflows in 2 months...
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/08/20130812_Gold3_0.jpg

and the last time we saw shorts cover this size, prices surged...
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/08/20130812_Gold2_0.jpg



I wonder!!!
Why TPTW release control over the gold market?

[cursichella1]

Maybe because there isn't any? All padding the subterranean shelters of TPTW until the Annunaki (or Enlil or Enki) arrive to pick it all up, like they apparently used to?

This gold tradarama has been fishy ever since we started seeing the We Buy Gold kiosks by the airports. Then there's monoatomic gold which seems to have interesting properties...

[Wind]

NyemAwLD2N0


The world is losing trust in the dollar as a safe haven. A major blow came after Germany's Bundesbank demanded the repatriation of a big chunk of its gold being held in the US. Because as RT's Gayane Chichakyan reports, some are concerned the assets of foreign nations in the Federal Reserve are not secure or even there. The Germans were infuriated when the US Federal reserve didn't even let them examine their own assets properly. Peter Boehringer, the founder and chairman of 'German Precious Metal Association', says that's a bad sign.

[donk]

This is soooo 2009...I feel like I'm in a time warp. They been struggling to deliver physical gold for at least a half decade now...your paper gold is backed by just as good as an "asset" as mortgage-backed securities and other debt obligations.

All this financial news coming out now is such old stories, it's like tech...we only find out about it when the next thing is available to those in the know...hmmmm...wonder what the "real" financial issues are these days...

[conk]

Groan, so cliche, but must be repeated until sick in the stomach. IF YOU DON'T HOLD IT, YOU DON'T OWN IT!