“Here They Come Again!” – Precious Metals Traders See Third Smackdown

For the third time since Friday’s close, gold and silver prices are being vertically challenged by an urgent ‘seller’. In the latest round of monkey-hammering ‘someone’ decided to opportunistically sell over $1 billion notional gold in 5 minutes…

 

As one veteran PM trader exclaimed “here they come again,” – we presume meaning The BIS…

via http://ift.tt/29LaKgc Tyler Durden

Leave a Reply

Your email address will not be published. Required fields are marked *