posted on Jan, 20 2011 @ 06:41 PM
There is most likely some lesser ammount of physical bullion in the London & Comex vaults,
there is probably less physical bullion at the ETFs storage vaults...
but there is very likely the published physical bullion stash, in the vaults at the Canadian Vault
that's the only one i truly trust.
in this vein... (likely little bullion at the Treasury/Ft Knox, even at the NY Fed/or other secret vaults
like Weast Point)
Then the recent trade accords made with China during the last 3 days...
which lessens the hoarding of gold by either China or India and the price goes down...
my hope is that the gold pricing will retreat to the $1320 level in the coming weeks &^ months...
which becomes a buying opportunity to me...anything under $1350 is my buy zone
and i will keep buying gold all the way down to $1320 or hopefully lower !
[as i need to replace the $+2 grand i had to use for property taxes due on Jan 15th]
edit on 20-1-2011 by St Udio because: (no reason