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Gold/Mining/Energy : McEwen Mining

MUX 19.05

-0.9%

Dec 17 3:59 PM EST

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To: Sawdusty who wrote (8235)	9/2/2014 12:22:09 PM
From: Robov	Read Replies (1) of 24543

Well it's quite simple really. It's a result of the banksters using their HFT algorithms and plenty of naked paper to drive price lower and force the specs to puke up their longs so the bankers can buy to cover their shorts, while at the same time getting the dumb money spec sheep to switch over to the short side so they can further cover. Nothing more, nothing less. The fact that the USD is being driven higher doesn't help. There are no markets anymore, just interventions - Chris Powell This is exactly what we are witnessing today.....and almost everyday, But sooner or later something will break as it always goes and when it does it will be very ugly/

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