"Someone" who can afford to burn that amount of money decided to dump 50,000 contracts before 0830 EST on a quiet trading day when most traders are away for the holiday.- They don't always sell $6bn worth of (naked paper) Gold, but when they do they do it all in one trade. Right at COMEX options expiry, regular as a Swiss watch.- But there is NO manipulation. Honest as the day is long, and all that... Oh yeah.- Silver got kneecapped too. As an added 'bonus' this chases hard assets back into the USD and the banking system.Q: Why would someone want to do that?A: Why do you think? It's GOOD to have your own printing press!
Wednesday, 23 November 2016
The $6bn Puke................from Rico
From Theo Spark at 17:49
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