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Thursday, 19 September 2013

Three Minutes Early?..........................from Rico

Somebody was frontrunning the FED yesterday.

- I wonder WHO leaked the info to WHOM?

Three minutes BEFORE the FOMC statement was released yesterday, Gold spot and futures prices began to rise.

- Bonds did not.

- Equities did not.

- FX did not.

- But 4300 Dec Gold futures changed hands (far more than the usual or average volume).

In the three minutes before the statement was released, Gold (and Silver) prices erupted higher.

- A 'lucky' guess?

- Or did some Bullion Bank get an early wink and a nod?



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