Being doing alot of reading this week, as the situation was pretty spectacular .. I even read the bankers reports which I consider devious, but hey, I want to know what they are saying.

The key according to this author is instead of the after effects of the raid causing physical buyers to panic sell, it caused them to panic buy .. and these buyers are strong hands who put their gold in a safe place and forget about it.. (essentially what Rick Rule). Not sure if this author says it, but what you look for now is for some higher highs .. and a higher week close ..

http://www.kitco.com/ind/Rubino/20130418.html