Gold & Silver Slammed In Mini-Flash-Crash

15 minutes after GDP data was released - showing Q1 was indeed as weak as expected and inventories suggesting Q2 will be just as weak - someone decided it was an appropriate time to dump over half a billion dollars of notional gold on the futures market...

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Seems normal... dump it all at once, flush the stops, and now prices are rising once again.

One wonders if someone else has picked up on the lessons of Mirus Futures - the mysterious massive sell of gold in 2014.

And right on cue, USDJPY jumps (JPY tumbles against the USD) as the Gold-Yen trade continues to leave its manipulated skidmarks on the market...

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