Comment: The good Dr. doesn't understand that it's different this time :)

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The good Dr. doesn't understand that it's different this time :)

He pays too much attention to old school things like this: (Courtesy TFmetalsreport.com)

Gold flowing out of London to Switzerland and Hong Kong

Combined Chinese and Indian demand in Q2 2013 at 586 metric tonnes

U.S. interest rates are skyrocketing as foreigners dump U.S. treasuries

Steeply falling Comex inventories

GLD "inventory" down 435 metric tonnes or 32% YTD

JPM stopping to themselves 3/4 of all August gold deliveries

JPM flipping from 50,000 net short Comex futures to 75,000 net long
GOFO negative for 33 consecutive days and the 6-month now negative at a new, unprecedented low