Gold Daily And Silver Weekly Charts - How Unusual

It was a concerted dumping of contracts at market in the quiet early hours of trading precipitated by no news, amongst players who will be unlikely to exchange any of the physical commodities that they are 'buying and selling.

Obvious, heavy-handed, and pretty clear to anyone who will look at the tape.

Such are the times in currency wars and financial coups d'état.

It was a concerted dumping of contracts at market in the quiet early hours of trading precipitated by no news, amongst players who will be unlikely to exchange any of the physical commodities that they are 'buying and selling.'

There was intraday commentary here and here.

What could go wrong?

Have a pleasant evening.

None.

STOCKS IN THIS ARTICLE

Comments