The USUAL....................from Rico

There was the USUAL Gold slam-down in the very early hours of the day, today.

- The first chart is the USUAL picture that event the teleprompter readers will point to all day today.

The USUAL financial media mouthpieces for the Central Bank and the Bullion Bank Cartel are coming out of the woodwork and declaring Gold to be 'dead' and a 'bad' investment. The bull market in Gold is over.

- Listen to Uncle Krugman and friends, you can trust them.

The USUAL advice for the Muppets' consumption is "look at how great the stock market is doing! Better get into it most ricky-tick and buy-buy-BUY, or you'll miss out on a good thing. Sell your Gold."

- Ignore the ridiculous P/E's or the massive hot-money from the FED that is juicing an overpriced equities market. While you're ignoring things, ignore the rising unemployment situation, the tanking economy, or the number of Food Stamp recipients now outnumbering the total population of Spain.

Most Muppets will, as USUAL, take all this at face value with no further thought given.

- Thinking is HARD.

HERE IS WHAT REALLY HAPPENED, AND WHAT FEW ...as usual...KNOW.

Once upon a time, it was USUAL when selling a large amount of any security, that one tried to get the best execution price and NOT alert the buyers in the Bid Stack that a substantial volume was up for sale.

- Not any more. Not with Gold.

On no news, as USUAL, just before 3am Eastern a block of Gold futures was dumped en masse into the market in what is called "banging the close" to force selling and take-out the Bid Stack.

- The Bid Stack was entirely taken-out this time.

This used to be considered an illegal practice to manipulate price, before the CFTC got the USUAL tap on the shoulder and was told Chicago-style "You'se don't SEE anything, and you'se don't KNOW anything. Get me?"

Only this time, the manipulators happened to not just drive the price down as USUAL, they also "broke" the market when a circuit-breaker halted all trading.

- Overnight, one of the largest "asset" markets in the world (Gold Futures) shut down completely due to a massive, illegal, manipulated slam. This is not USUAL.

- The second chart shows the 'break' in market trading, with the last chart zooming-in on this halt in trading.

Neither one will be shown or explored in the Financial Media today, as USUAL.