Chinese New Year (CNY).
- The entire place just stops. I guess this extends to massive bullion buying activity, too. "No red envelopes for YOU" says the Seinfeld-esque Chinese bullion Nazi.
Considerate blokes (and blokettes) that they undoubtedly ARE, the Cartel has taken this week to celebrate CNY by instantly slamming-down Gold and Silver by 1% every. day. this. week.
Or maybe it's just a 'coincidence' and/or 'normal' market price-discovery?
- Neither the CFTC nor the SEC could be reached for comment. They are apparently dining out at a 'dim sum' restaurant somewhere while the Cartel makes 'chop suey' out of the spot market.
Sunday, 17 February 2013
Happy Chinese New Year............from Rico
From
WellyWanger
at
14:30
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