Just like stocks go up on Tuesdays in the US (and Wednesdays in Japan).. and volatility always falls… so shortly after 8am ET this morning ‘someone’ decided it was the optimal time to unleash $450 million notional of gold futures. Just as we saw earlier in the week, this sizable dump only achieved a $5 depreciation in price as it seems the inexorable efforts of status quo stabilizers to ensure the only real indicator of empire collapse is not flashing red remain in full effect. Given that Barclays is now out ofthe business of rigging gold prices, the question remains: who is?
via Zero Hedge http://ift.tt/1onCKrk Tyler Durden