Look's like gold is heading up as the July 6th BOE auction approaches. Anyone have a take on what Gambler has been predicting for several months now? He says July 5th - 9th will be a very "significant week for gold" and that the public will get behind it beginning on July 12th. Says hedge funds are in trouble and covering because of worried bullion banks. Interesting that since his posts all this news about rising lease rates, 4 more hedge funds in trouble, BOE auction oversubscribed 4 times, IMF sales being now being opposed by African nations as well as a growing number of US members of Congress, growing opposition of BOE gold sales in England, China's rumored intentions of bidding for all 25 tons of BOE sales, the mysterious Goldman sacks reversal going long gold futures and buying the 270 gold calls expiring 3 days after the BOE auction, the growing commercial's accumulation of COMEX contracts, the decision by Robert Rubin Rubin to resign on July 4th, etc, etc, - and Gambler's specific date, July 5th - 9th, July 12th as being the significant dates BEFORE all of the above became news.
Something seams to be up! I hope it's finally the real break out we've all been waiting for. Any Comments on Gambler's mysterious ramblings??? |