The Arora Report

GOLD AND SILVER RUNNING UP ON WEN’S COMMENTS

August 16, 2012

This post was just published on ZYX Buy Change Alert

Gold and silver are running up on overnight comments from Chinese premier Wen that indicated higher likelihood of stimulus in China.

Interestingly gold trading data from Shanghai overnight shows that Chinese investors dismissed Wen’s comments. However, American gold momo crowd thinks they know Chinese premier better than the Chinese gold investors.

GLD, GOLD, SILVER, SLV

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