Wednesday, August 27, 2014

An Underlying Gold Bid with Peter Hugg

Interestingly, we saw some sign of strength, or the operators trying to get out of positions, tough to tell, where I thought we would see it, as I stated here. That aside and as Hugg describes in the below video, we will not know much until after the labor day holiday. Even more information to ponder, I got word from a precious metals dealer that he was unable to get his hands on any silver. Nothing, none and that the Chinese were buying large amounts of the physical. I don't know if this is just shop rumors or what, but it is something to take notice of.

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