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Asia Shocks West By Demanding Their Gold Be Sent Home

After an initial $20 plunge, the price of gold turned violently higher and closed near the highs in after an initial $20 plunge, the price of gold turned violently higher and closed near the highs in what turned out to be almost a $50 trading range. In the aftermath of this turbulent trading, today one of the legends in the business shocked King World News when he said the reason for the wild trading action was that Asian central banks were demanding their gold, some of which is being stored in Western vaults, be sent home to Asia.

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