With
many global investors still rattled by the recent price action of gold
and silver, today King World News interviewed the “London Trader” to get
his take on these markets. The source told KWN that not only was a
shocking amount of paper gold sold in just 4 hours yesterday, but it was
also confirmed that the mainstream media is not reporting the
staggering amount of physical gold that has actually been purchased by
China recently. Here is what the source had to say: “China
has purchased hundreds of tons of gold in the last couple of months.
China is not disclosing what their true reserves are. Russia is
delaying disclosure and so is Iran. We saw record gold imports of over
100 tons through Hong Kong to China in April, as reported by the
mainstream media, but what has been reported is just the tip of the
iceberg.”
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