From Zero Hedge, New York
Tuesday, April 15, 2014
It seems the two words "fiduciary duty" are strangely missing from the dictionary of the new normal's asset management community. This morning, shortly before 8:27 a.m. ET, someone decided that it was the perfect time to dump thousands of gold futures contracts worth over half a billion dollars notional. This smashed gold futures down over $12 instantaneously, breaking below the 200-day moving averaged and triggering the futures exchange to halt trading in the precious metal for 10 seconds. ...
... For the full commentary:
http://www.zerohedge.com/news/2014-04-15/gold...-again-lates...
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