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Hollund Industrial Marine HIMR
Posted On: 04/15/2013 3:36:43 PM
Post# of 17862
Posted By: alj14
Re: Kgem #1921

As a kinf of postcript on this attacks on the pms and on most commodities, on Friday and again today, here is the link to an interview by Daniela Cambone to knowledgeable expert George Gero:


http://www.kitco.com/news/video/show/on-the-s...il-15-2013


Gero points to the crucial role played in this attack on the pms triggered by Goldman Sachs but intensified by the situation in Cyprus, where strong pressure from Mario Draghi was placed on the Cypriot authorities to sell a lot of gold immediately on the open market. As Gero points out, it will probably take weeks, or even months, for the spot prices of the pms to stabilize and then recover.














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