Gold flash crash WTF

Discussion in 'Gold' started by Snoopy, Jul 20, 2015.

  1. Snoopy

    Snoopy Member

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    Gold flash crash WTF.
     
  2. thatguy

    thatguy Active Member

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    Nice way to make some money is breaking old low :D
     
  3. Altima

    Altima Well-Known Member Silver Stacker

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    Holy shit!
     
  4. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Wow! Silver too.
     
  5. Snoopy

    Snoopy Member

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    Crashing in all currencies it seems.

    Strangely tho the prices on my LCS website hardly moved at all.
     
  6. -j-p-shmorgan

    -j-p-shmorgan New Member

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    PLEASE keep dropping. 50% decrease sounds OK w/ me. :)
     
  7. aleks

    aleks Well-Known Member Silver Stacker

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  8. SilverDJ

    SilverDJ Well-Known Member

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    Down goes silver:
    [​IMG]
     
  9. aleks

    aleks Well-Known Member Silver Stacker

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    I can see a spike down to $1070 on CFDs
     
  10. SilverDJ

    SilverDJ Well-Known Member

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    Oil dropped 3.6% this morning too.
     
  11. -j-p-shmorgan

    -j-p-shmorgan New Member

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    $8 doesn't seem implausible now.
    It's going to be down, down, down, until AFTER the rate hike.
     
  12. Snoopy

    Snoopy Member

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    I guess this means we are getting very close. The banksters get really scared if they feel they must move the price down in this fashion. Perhaps this shtt is over by the end of the week with a cash settlement on the cummix.
     
  13. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    What's this doing to mining stocks?



    .
     
  14. leon1998

    leon1998 Member

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    TOLD YOU SO, nobody believed me

    :p
     
  15. -j-p-shmorgan

    -j-p-shmorgan New Member

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    You expect it to rally before a Fed rate hike? Wishful thinking.
     
  16. SilverDJ

    SilverDJ Well-Known Member

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    EVN just lost 2%
     
  17. SilverDJ

    SilverDJ Well-Known Member

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    So who's buying on this dip?
     
  18. -j-p-shmorgan

    -j-p-shmorgan New Member

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    Since I'm not in the paper game....I'm waiting 1-3months.
    No reason to buy before a rate hike, when it's just going to fall further. :)
     
  19. Snoopy

    Snoopy Member

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    I am.
     
  20. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    But what has the AUD done since then?
     

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