Posted by caddpro123 on 24th of Aug 2016 at 02:41 pm
8:40AMover 10,000 gold contracts dumped on the market in less
than 1 minute to precipitate today's metals rout. The fact that
once again insiders had to resort to such obvious brute force
manipulations suggests that they are very concerned that Friday
will see a huge rise in the metals. Otherwise, they would have been
content to let the FED carry out the hatchet job on Friday. On the
other hand, with this foreknowledge in hand, one could make a pile
of money shorting the entire sector and then buy back on the
dip.
8:40AMover 10,000 gold contracts dumped
Posted by caddpro123 on 24th of Aug 2016 at 02:41 pm
8:40AMover 10,000 gold contracts dumped on the market in less than 1 minute to precipitate today's metals rout. The fact that once again insiders had to resort to such obvious brute force manipulations suggests that they are very concerned that Friday will see a huge rise in the metals. Otherwise, they would have been content to let the FED carry out the hatchet job on Friday. On the other hand, with this foreknowledge in hand, one could make a pile of money shorting the entire sector and then buy back on the dip.
http://www.zerohedge.com/news/2016-08-24/someone-just-puked-15-billion-notional-gold