I’ve never seen that before"... "There is no price discovery in the market right now."

Last night, when observing the unprecedented "gold run" on precious metals dealers which has left all gold vendors with little to no physical gold, we said that "the price of physical gold has decoupled from paper gold" as a result of paper gold liquidations as leveraged funds scramble to cover margin calls using safe assets...

Poster Comment:

BEST NEWS ALL DAY. Ding Dong! The witch is dying. (Not dead yet.)