Gold Spikes Above $1275 On Sudden Billion Dollar Bid

As an equal opportunity information-provider, we thought it worth noting that following yesterday’s panic-selling puke in precious metals, this morning we are greeted with panic-buying as Gold and Silver spike higher on heavy volume as US stocks open…

8,500 contracts in 4 minutes – or just over a billion dollars notional paper gold bid…

via http://ift.tt/1THB6ht Tyler Durden

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