Gold Monkey-Hammered As Stocks Spike

Well that escalated quickly... As Europe closes, the precious metals complex is slaughtered on the altar of higher stocks and lower bond prices...

We can only imagin the fiduciary that would wait til the last mnute to bulk sell as much nominal paper gold and silver as this...

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And for a sense of the volume...

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Perhap best summed up thus:

I don't always sell Gold, but when I do I do it at the market in 1 second

— Eddie Morra_ZH (@convert_trader) January 14, 2014 [6]