B_B schreef op 16 april 2014 00:30:
Gold Futures Halted Again On Latest Furious Slamdown
Tyler Durden's pictureSubmitted by Tyler Durden on 04/15/2014 09:30 -0400
It seems the two words "fiduciary duty" are strangely missing from the dictionary of the new normal's asset management community.
This morning, shortly before 8:27am ET, someone decide that it was the perfect time to dump thousands of Gold futures contracts worth over half a billion dollars notional. This smashed Gold futures down over $12 instantaneously, breaking below the 200DMA and triggered the futures exchange to halt trading in the precious metal for 10-seconds. Palladium also got clobbered and was also halted. This is gold's worst since Bernanke 'tapered' in December.
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