Ronald Stoeferle, Gary Savage, & Jim Grant: We Were Really Close To Triggering A Default of The Paper Market Last Week. The Buying Frenzy In The Gold Market Was People Looking For A Free Lunch!! Fed Doubling Down On QE, Very Bullish For Gold

Ronald Stoeferle: “Last Week We Were Really Close To A Default of The 130-to-1 Paper Gold Market”

Speaking to the major issue of paper-delivery default, Ronald said, “We’re seeing this rush to physical gold not only in the retail market, but also for the institutional players…[it's] just overwhelming…I [estimate] a 130-to-1 [ratio of paper to physical gold]…and I think in the last week we were really close to [triggering] a default of the paper market.“
As a final comment to reassure battered gold bulls, Ronald stated that, “Physical gold is cash, and it’s probably the most solid and safest [form of] cash that one can own.“
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As a final comment to reassure battered gold bulls, Ronald stated that, “Physical gold is cash, and it’s probably the most solid and safest [form of] cash that one can own.“ 

Gold Trader: “If You Put 60? TVs On Sale For $100, They’ll Fly Off The Shelves—That’s What’s Happening In Gold”

Following last week’s panic sell-off in gold (and resultant explosion in physical buying worldwide), one of the world’s top gold traders and recent interview guest, Gary Savage, shared some powerful commentary on the psychology of these buyers.
Gary said, ”The buying frenzy we’re seeing in the gold market isn’t dumb money buying at a top. This isn’t the same thing as we saw in the real estate market in 2006 and tech in 2000. That was every Tom, Dick, Harry and Jane chasing a parabolic move expecting to get rich quick with no effort. That was people looking for a free lunch.
We don’t have those kind of conditions in the metals market at this time. On the contrary gold is making new lows, not new highs. There is no parabolic move, and there never was. In a true bubble, a market will increase 200-500% in a year and a half. Oil doubled in a year and a half. The Nasdaq tripled. Gold was barely able to pull off a 170% increase over a three year period. That isn’t even vaguely parabolic.
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Jim Grant: Fed Doubling Down on QE, Very Bullish For Gold

Ron Paul: Washington Will Never Cut Spending!!!

Sinclair – Full-Blown Panic As People Ask “Where Is The Gold?”
The question now is, ‘Where has the gold gone?’ Who has all of this gold? Because of the nature of gold leasing, all of this gold has been purchased and it has gone somewhere. The reality of the empty vaults reveal that the gold has gone missing.
Gold bars in Dubai disappear, some at 750% premiums
The desire to own gold, as an investment and for jewellery purposes, has made itself felt in the physical market in India and in Dubai, where premiums are ruling at an all time high
Gold Trader – “If You Put 60? TVs On Sale For $100, They’ll Fly Off The Shelves—That’s What’s Happening In Gold”
”The buying frenzy we’re seeing in the gold market isn’t dumb money buying at a top. This isn’t the same thing as we saw in the real estate market in 2006 and tech in 2000. That was every Tom, Dick, Harry and Jane chasing a parabolic move expecting t…
Silver demand seen rising in 2013 on industries, investment-GFMS
Strong buying of silver coins and bars by bargain hunters after a sharp price fall this month is expected to underpin investment demand, which may hit an all-time record

David Kranzler- Federal Reserve Publicly Admits They Can Suppress Gold Price