And the ¥/$ ratio is down to just above 112. If it falls below 112 watch gold fly over $1300. Can they dump another $4B of future contracts - sure, will they ?? Last time was not so good for them. This time may be even worse. Next week will be interesting.
Here comes the dump truck again.... $2 billion (15,000 contracts) dumped in under two minutes with a movement of $5 drop but 50DMA is holding.
Just unwinding the $1.5 billion (12,000 contracts) pumped in 5 mins on Friday night's smack up with a rise of $3..... (guessing you missed that one? Zerohedge missed it too). Actually, Friday's price rise of $14 was on the same volume as yesterdays fall of $16, so I guess all things balanced, no pumping or dumping..... nothing to see here?
How many $B of paper did they dump yesterday and how much did open interest soar. All that effort for a total $19 which is closing rapidly to about $13. They are going to have to do this alternate days to keep digital paper gold down.
Wasn't that just discussed in #24 & #25? "They" dumped the same as "they" pumped on Friday night. And BTW, OI in the recent contract plunged by the same number as trading volume.... again suggesting it was unwinding from Friday's pump - not sure where you get your OI figures from? I know it is distressing for permabulls to look at the "whole" picture, but there are two sides to every trade. All "they" have to do to keep the POG down is to not pump it up to it's artificial highs.
Far too soon for that. We have another 5-8 days left to rally maybe up the the FOMC. You permabears trade like pussies. Also you don’t see that this market is changing. WRCMAD don’t respond to me we have an agreement to ignore each other.. remember... or do you have a very tiny memory that is equal to your trading acumen.
Haha you are funny - I forgot how stupid you are. Profanity is your greatest achievement as there is not much else going for you. Keep up the good work such talent....
What's you fkn problem? It has been bliss not interacting with you under our agreement. Are you bored because your metals have done nothing for the last 5-6 years, while open-minded traders like myself have been making a sht-tonne of $$$ ? Your talent of picking a crap investment has been well-documented here over the years. Fk-off and let me again regard you as a forgotten, insignificant, market-loser.
Come on girls - use this function to IGNORE each other and you won't see each others posts (when you are logged in). _JLG.
