The Christmas musical programme
49 minutes ago
They were obviously 'celebrating' another option expiry in the Casino today.The moment EUropean markets closed, 'someone' dumped $850 million in 'notional' [read: paper] Gold onto the market, having the expected result on the spot price.- Silver was 'dumped-on' too.And oddly, the USD was 'bid' and shot skyward.All of which positively 'reeks' of fiduciary duty, eh?Never you mind that Ludwig fella, and keep worshiping at the Temple of Keynesianism. Everything is just swell with the Dollar, and it will be. Until it isn't.- Are you paying attention to Venezuela yet?
From Theo Spark at 10:19