Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: The Barracuda™ who wrote (81430)	4/15/2013 2:20:12 PM
From: Ahda	Read Replies (1) \| Respond to of 207801

resourceinvestor.com The selling was timed for optimal impact with New York at its most liquid, while key overseas gold markets including London were open and able to feel the impact. The estimated 400 tonnes of gold futures selling in total equates to 15% of annual gold mine production — too much for the market to readily absorb, especially with sentiment weak following gold's nonperformance in the wake of Japanese QE, a nuclear threat from North Korea and weakening U.S. economic data. The assault to the short side was essentially saying "you are long... and wrong."