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Wednesday 21 May 2014

Another Typical Tuesday..........................from Rico

Just another typical Tuesday.

- Bang the open.

Time for the ubiquitous Gold smackdown concurrent with a USDJPY ramp up.

Just as the US market was waking up "someone" decided it was the absolute BEST time to dump a massive $520 million worth of notional Gold futures all at once, dumping the price over $7 in seconds.

- Yeah, that makes sense. This is not how traders make money.

It IS important to maintain the appearance that stock markets and the Dollar are operating normally, despite growing global de-dollarization, global growth slowdown, civil wars, coups, and the like.


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