Mystery Gold Buyer Took On & Crushed All Paper Shorts

As we head into the tail end of 2014, today an acclaimed money manager spoke with King World News about the historic trading in the gold, silver, and oil markets. Stephen Leeb also discussed a mystery buyer who propped up the gold market and took on and eventually crushed all paper shorts after Sunday’s vote in Switzerland.

Leeb: “What caught my attention was the trading in the gold market on Sunday evening (early Asian trading). This trading followed the huge fall in oil and oil stocks on Friday. It also followed the no vote in Switzerland. But after gold’s initial decline on Sunday evening, gold just straight-lined for what seemed like 6 hours. Some entity was in there buying every ounce of gold that was being offered for sale .... http://kingworldnews.com