Wednesday, 23 November 2016

The $6bn Puke................from Rico

"Someone" who can afford to burn that amount of money decided to dump 50,000 contracts before 0830 EST on a quiet trading day when most traders are away for the holiday.
- They don't always sell $6bn worth of (naked paper) Gold, but when they do they do it all in one trade.
Right at COMEX options expiry, regular as a Swiss watch.
- But there is NO manipulation. Honest as the day is long, and all that...
Oh yeah.
- Silver got kneecapped too.
As an added 'bonus' this chases hard assets back into the USD and the banking system.
Q: Why would someone want to do that?
A: Why do you think?
It's GOOD to have your own printing press!

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