Thursday 25 June 2015

The 'harvesting' continues....................from Rico

The 'new normal' is "dump it all at once, and flush the stops" as the economic harvesting continues to leave its manipulated skidmarks all over the markets.
 
Just as soon as Q1 GDP data was released showing it was weak and that Q2 would also be weak, 'someone' [BIS? FED?] decided that it was THE perfect time to dump a half-billion dollars worth of naked-shorts on the notional Gold futures market.
 
Price duly suppressed as 'ordered' by that tap on the shoulder.
 
When a government is 'broke' they are willing to do anything to stay afloat and prolong the game...as long as it's at somebody else's expense.


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