Gold Slammed For 3rd Day As USDJPY Spikes

Tyler Durden's picture

A little earlier than the last two days (right before the London Fix)...

 

But gold is suddenly under pressure again this morning as USDJPY just decided unilaterally to spike bursting beyond 109.00...

 

On heavy volume again...

 

But it does appear the slamming efforts are fading.

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Haus-Targaryen's picture

*Anxiously awaits Andy Hoffmann meltdown* 

BaBaBouy's picture

Tyler Is Right... GOLD should be watched closely...

The whole scam is feeding off GOLD fixes.

Check out the junior mining selloff, who's feeding off that beech ???

Haus-Targaryen's picture

1282 -> 1277 is $5 not $3. 

ParkAveFlasher's picture

My name is Inigo Montoya, you killed my father, prepare to die.

My name is Inigo Montoya, you killed my father, prepare to die.

MY NAME IS INIGO MONTOYA, YOU KILLED MY FATHER, PREPARE TO DIE.

froze25's picture

gold down $2.40 or .16% I wouldn't call it slammed but I am short gold now via DZZ so I will take it.

NugginFuts's picture

Did I miss the sale already? Looks like it's only down $0.90. Dammit! Bring in more hammers! I need me a discount!

NugginFuts's picture

Well, shit. Now gold is up again. So much for three consecutive hits with the hammer.

ParkAveFlasher's picture

Gold is a berserker at this point.  You can have my j-miners when you pry them from my cold, dead fingers.

Pinto Currency's picture

.
Watch palladium.
Physical lease rates spiking in London - metal shortage.

Slomotrainwreck's picture

So much for three consecutive hits with the hammer.

It all depends on where it shoulda been without.

NugginFuts's picture

I want it in my stack. Where were you hoping to put it?

SoilMyselfRotten's picture

For the 3rd day? If one looks, this smackdown pattern happens nearly EVERY SINGLE NIGHT in the wee hours. 3 days my ass.

losses mount's picture

Gold's holding it's own for now, however the gold silver ratio just passed 71 and rising.

Silver is an amazing bargain in my opinion, but I've bought all I can afford for now.

Placerville's picture

Yes, more like the silver slam than anything else.

I actually bought some bitcoin which is performing better than my gold and silver since I picked it up.

At least no one can dump naked paper against it repeatedly and it's getting close to gold crossing again.

NeedleDickTheBugFucker's picture

So you're a Harry Dent disciple following the latest tactical call?

froze25's picture

I am, he's worked well for me so far. (2 years +)

Bill of Rights's picture

Hey retard the meds are in the other draw...

ParkAveFlasher's picture

Why are you so angry?  Don't like the fact that gold can't be pushed around? 

giovanni_f's picture

AU is down -0,5 the last time I checked. Expect downside follow through after the french elections (latest).

The Chinese, Russian, Turks have already prepared  their bids for the physical, you know, shaking their heads in disbelieve while watching the west  throw its last asset out of he window.

anarchitect's picture

Wikileaks should offer a reward to anyone who leaks information about the shenanigans in this market.  Then again, maybe not.  They'd be safer offering a reward for those who leak secrets about nuclear weapons programs.

MFL5591's picture

Everything aboiut these Zionist pigs is criminals.  This shit is so fucking disgusting its sick to watch.  Dont like what I wrote then throw me off the site.  Telling the truth is not antio sematic.

Mementoil's picture

Last time I checked the price of gold was determined in London, not in Tel Aviv.
But whatever...

SubjectivObject's picture

Yes, and all the soinist are in Tel Aviv and operate from there.

vega113's picture

funny, Israel capital is in Jerusalem, but they will say jews are in Tel Aviv. Because they believe that Jerusalem is the capital of Palestine.

silverer's picture

Funny, isn't it? They more the central banks tell us gold doesn't matter, the more we know it matters. So, while we're at it, what else can you use that paper for?

Collectivism Killz's picture

LOL! And Bo Polny still hasn't emerged from his hiding space since last August.

Haus-Targaryen's picture

I saw him on Greg Hunter's YouTube channel promising that this time its 25.04.2017, because on Daniel's Timeline 7*7*7*7*7 divided by two *.333 blah blah blah 

The guy is flogging subscriptions to the lowest common denominator of the "mmmm the financial system doesn't seem sustainable" in society. 

Its a free market, good for him, only listen to the guy for the giggles and affirmative knowledge there are many many many stupid people on the planet. 

I don't think even he believes his own crap. 

chairman of the bored's picture

Polney was on usa watchdog yesterday....one crazy dude...

Winston Churchill's picture

Yup, those voices he hears inhis  head are real though.Real schizophrenia.

Mementoil's picture

I really don't get Greg Hunter.
This guy can have top notch commentators on his channel on one day, and complete lunatics on the other.

Slomotrainwreck's picture

You might notice that Greg is holding Polny's feet to the fire.

Not My Real Name's picture

This ^^^

The Clif High, V the Guerilla and Blo Pony interviews defintiely tarnish his site a bit.

fockewulf190's picture

He does a good job. I always find the time to check out his vids, no matter who is on.

Not My Real Name's picture

I'm a big fan of Greg too ... I just think some of those clowns he has on unfairly diminshes the truly knowledgable guys like Bill Holter, Jim Sinclair, Hugo Salinas-Price, John Embry and others. 

syzygysus's picture

He's made many videos since then, check his youtube channel.

 

missed every date so far. 

 

his current forecast is for Black Tuesday next week on the 25th. 

BaBaBouy's picture

Yen Shit Going on... Scam???

Tiwin's picture

Dear Investment Abby:

My 12 13/16ths stock just crashed 1 16th to 12 3/4 area. Should I sell now?

Signed , Concerned Investor.

syzygysus's picture

Down boy, down!

 

Bad gold keeps going up!

 

back up the truck, last load available.

deKevelioc's picture

Slammed $3.  Zerohedge is now run by Eric King.

fockewulf190's picture

I hear you, but I think this Tyler was attracted by the volume surge. The cartel is still causing shit though.

Ricki13th's picture

Algos are running wild. Gold will burst above $1300 soon. 

peterk's picture

gold to sub $1000

SJEqualizer's picture

I fucking hope so.  I have a friend who needs to add to his stack and he's waiting for a fire sale.

DogeCoin's picture

Thanks Harry Dent, where've ya been? Tired of being wrong yet?

Seasmoke's picture

7 years from now, we will be reading the emails of 5 Limeys and Jews laughing about how they are going to hammer Gold down every morning at 9AM NY time as they are drinking tea and eating bagels.

Ghordius's picture

it's possible, yes. but this... let's call it cooperation is old

it predates the internet, it predates even secure telephones (and operators listening)

it started in an age when manually encrypted telegrams and later telex (does anybody here remember telex?) were the norm

so I would not be surprised if it's still run with "one-time pads" the size of telephone books, all dating back to the 70's

slyhill's picture

Paul: In 1973, when we openly manipulated our currency, intervention in gold sales to prevent a steep rise in the price of gold, however, was not undertaken. That was a mistake.

Janet: Ahh... im gonna need a bigger checkbook...