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Again Today Billion Dollars Worth Of Gold Futures Dumped

PostPosted: Thu Jul 24, 2014 3:14 pm
by Copper Catcher
Today when the US Stocks opened there was another flushing sound with a billion dollars’ worth of Gold Futures dumped via High Frequency Trading to drive the price down....Read more here....http://www.zerohedge.com/news/2014-07-2 ... ld-futures

This has being done over and over again.....

Below is an article from July that attempted to explains why…
http://www.silverdoctors.com/jim-sincla ... new-highs/

In 2013 there was over $23 billion worth of gold futures were dumped on the market causing a panic and pushing gold down… It makes you wonder what the total number will be in 2014: http://www.gold-eagle.com/article/gold-mini-plunges

It just drives me nuts to think that the folks who are supposed to be regulating this don't seem to be bothered. Plus, the media could care less about this obvious corruption….What High Frequency Trading does is a seconds is probably one hundred times worst that what Madoff did his entire life! But no one seem to give a [shucks] about it.

Will this ever stop?????

Re: Again Today Billion Dollars Worth Of Gold Futures Dumped

PostPosted: Thu Jul 24, 2014 6:38 pm
by coppernickel
Copper Catcher wrote:
Will this ever stop?????


Yes it will, but only at "game over" time.

Re: Again Today Billion Dollars Worth Of Gold Futures Dumped

PostPosted: Thu Jul 24, 2014 6:43 pm
by 68Camaro
For any that don't have any, all you need is the conviction, and what they are doing is a massive favor to the long-term buyers amongst us.

The only people caught out on this are people that bought most of their gold at $1350 plus from mid-2011 to last year and who over-bought and have to sell before the price rises.

Otherwise, buy and hold, buy and hold. The time will come - and sooner than later now.

Re: Again Today Billion Dollars Worth Of Gold Futures Dumped

PostPosted: Thu Jul 24, 2014 9:12 pm
by coppernickel
That's right. Buy and hold.

Re: Again Today Billion Dollars Worth Of Gold Futures Dumped

PostPosted: Sat Jul 26, 2014 1:39 pm
by Shazbot57
Buy, Buy, Buy, & hold, hold, hold! All transactions for p.m.'s, beans, bang bangs & relateds should be off book! :shh: