When I saw this graph, I immediately thought of David Mamet's "House of Games" which has a good discussion of "tells" explained in the context of a poker game by a grifter/swindler/con artist.
- I recommend it to you if you are trying to make sense of the 'markets' today.
The Gold Lease Rates took a sharp 'dive' last Thursday night, then the Big Banks conducted a vicious paper 'raid' on Friday, hoping to manipulate the precious metals markets.
- It didn't have the desired results of shaking the 'longs' from the trees, so another raid was conducted today (Monday following).
In addition to option expiry dates, and the announcement of NFP, perhaps we now have another "tell" of orchestrated Bankster raids on precious metals?
Tuesday 7 February 2012
Tell?................from Rico
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