German Repatriation Of Gold and What To Expect Next

"I will have more to say as soon as an official announcement hits the wire. In the meantime, it is a very important indicator of market strength to see gold again moving above over-head resistance in the $1670s, with silver at the same time trying to confirm its breakout through its resistance level at $31.

It was only seven days ago, Eric, that gold was pummeled all the way down to $1625, while silver was smashed to $29.25. So both precious metals recovered from that one-day downdraft very quickly. We now know it was a head-fake, which provides us with a clear example of how the central planners work."

- James Turk via a recent King World News interview, read the full interview here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/15_Turk_-_German_Repatriation_Of_Gold_%26_What_To_Expect_Next.html