Gold is up 5 days in a row and is surging above $1150 today as someone decided to buy $3.5 billion notional of the precious metal into the European close.
It appears the rotational year-end flows are rebalancing back into bullion as well as bonds... Over 30,000 contracts ripped through futures in the last few minutes before Europe's close - around $3.5 billion notional.
This is gold's best day since 11/2.
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Silver is bid too...
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Bitcoin is leaking after breaking $1000 equivalent in Yuan...
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