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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: stuffbug who wrote (54613)10/4/2016 1:00:17 PM
From: Andrew  Read Replies (3) | Respond to of 60900
 
Quite the smackdown, opportunity to buy more or.... I'm thinking yes but maybe chill for a bit



To: stuffbug who wrote (54613)10/4/2016 5:23:04 PM
From: SwampDogg  Respond to of 60900
 
This is an operation to save the euro banks and it one believes that they can be saved then one might be worried about the gold market
IMO DB is pretty well done right now

Who knows, maybe DB or somebody else was short the gold market
Interesting that we have this right after a quarter end
Whatever it is IMO it was provide a nice low in the next 24 hours

You can tell this is not normal action by the fact that it gapped down and there was no volatility all day. That is either a fund liquidation or an operation like was saw in the June of 2013.

I would lean towards big money knowing that the PM market is about to rip and this is the reset.