Spot Gold (and Silver) were just effectively "mugged."- "Someone" [read: BIS?] just dumped $2 billion worth of notional paper Gold into the Futures Market in 5/10th of one minute. The "new price discovery" is now unlimited unbacked paper [read: naked shorts] which is OK, but only if the Banks do it via the COMEX and LBMA.- Don't try this at home for yourself, because you'll go to jail.
Friday, 22 April 2016
Just another "mugging"......................from Rico
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