Friday, July 30, 2010

The Physical Buying In Asia Is Going To Destroy The Paper Shorts On Wall Street

From today's JB report found in the Midas' commentary at http://www.lemetropolecafe.com/:

Reuters has a colorful story datelined Singapore today:

"The market is very hot. There's plenty of physical demand and I can't meet the orders. It's from India, Indonesia and Thailand," said a physical dealer in Singapore. "Basically we are seeing buying from jewellers and investors from the Far East."
 

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