Another flash crash in gold but few will express curiosity about it

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Published : June 26th, 2017
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Category : Market Analysis

Zero Hedge this morning seems first to notice the punishment inexplicably inflicted on the gold futures market "on a surge in volume with 18,000 contracts, or just over $2 billion notional, trading in a one-minute window, with "volumes running around 150 percent of recent averages" as of 9:20 a.m. London time.

Zero Hedge adds that "the sudden selling soaked up all the liquidity in the gold market in seconds, with the clear intention of repricing gold lower."

Fortunately for the people manipulating the market, the monetary metals mining industry, the World Gold Council, and mainstream financial news organizations, and most gold and silver market analysts won't express the slightest curiosity about this.

The Zero Hedge report is headlined "Gold Flash Crashes As 'Someone' Dumps $2 Billion; 'Fat Finger' Blamed" and it's posted here:

http://www.zerohedge.com/news/2017-06-26/gold...e-dumps-2-bi...

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
WebsiteSubscribe to his services
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