SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.42-0.3%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Canuck Dave who wrote (90728)5/30/2012 1:49:52 AM
From: TobagoJack  Read Replies (2) of 218255
 
just in in-tray re nothing we care about

From: K
Sent: Wednesday, May 30, 2012 10:47 AM
Subject: Re: Comments - Week of May 28


this is an old trick.....essentially hammering in paper mkt after lbma close... this is also
'cost efficient' as physical is closed and the ammo can be used only in paper jungle....
yest. pm fix was 1579.50 and the mkt was very steady-to-calm all day and the 'operation'
began 30mins after physical close !!

On Wed, May 30, 2012 at 8:29 AM, T wrote:

Thought you might enjoy Jesse's take on the gold trade today.

jessescrossroadscafe.blogspot.com

"One does not drop 11,000 contracts in a ten minute period in what might be called a reasonable trade." Sure one does, if one's goal is wack the price of gold <g>

With China and the ECB hinting that more stimulus might not be coming so soon, I expect a major engineering take-down in the broad market between now and around June 15 to pave the road for, "politically correct" QEx (please insert number of choice in, "x", as I've lost count).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext