There has been a very clear and obvious "rigging" of markets the past few years, especially of the commodity/precious metals market.
But, now that the CFTC has concluded that "everything is swell" and there is no rigging, we can see a CHANGE from mere 'rigging' to the 'breaking' of these markets.
This happened a month ago when massive violent 'selling' stopped trading...breaking the market, and it just 'happened' again today.
- It's no longer merely a crooked game of running the stops to manipulate price, but of sucking all liquidity out of these markets.
At about 9am Eastern Time, coincidental with the London fix/COMEX open, in the space of four minutes "someone" sold two million ounces of 'paper' Gold in ONE TRADE in the Gold futures market.
- This not only 'ran' all the stops, and cleared-away the bid stack, but wiped out ALL liquidity, and BROKE the market, completely halting trading.
This makes NO sense on any traders planet, but makes perfect sense on the Central Banks planet fiat.
- This is a clear, desperate, attempt to salvage an already worthless Dollar and an already bankrupt/insolvent government.
SEC/CFTC 'regulators' were unable to comment because their mouths were full of.....er, donuts when asked.
Friday, 11 October 2013
From "Rigged" to "Broken"....................from Rico
From Theo Spark at 19:55
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