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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Killswitch who wrote (12359)	10/4/2008 9:24:31 PM
From: Real Man	Respond to of 71479

Well, annual statistics on supply and demand in the physical gold market is compiled by GFMS, and they just had this to say bloomberg.com ``The physical market is extremely strong.'' Walker said. Premiums paid for 1 kilogram gold bars, which normally range between $1 to $2 an ounce over the London market, recently surged to $20 an ounce, he added. So, apparently investment demand picked up quite a bit. Lease rates indicate he must be right -g- Personally, the gold market right now seems to me like someone in the futures sitting on TNT. Could be the opportunity of a lifetime, but I dunno. Just a personal opinion. Never seen that kind of disparity, and I've been in it for some time. It blew up a bit a few days ago. A $100 dollar move up (a day) may be coming, again. -g-