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Gold Below $1300 "Someone" Dumps $2.3 Billion in Futures

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Gold Below $1300 "Someone" Dumps $2.3 Billion in Futures

Postby Copper Catcher » Tue Jul 15, 2014 5:33 pm

I wonder who that "someone" is....Never mind, move along, nothing to see..... :roll:

Gold Plunges Back Below $1300 As "Someone" Dumps $2.3 Billion In Futures :o
http://www.zerohedge.com/news/2014-07-1 ... on-futures
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Re: Gold Below $1300 "Someone" Dumps $2.3 Billion in Futures

Postby 68Camaro » Tue Jul 15, 2014 6:27 pm

Look at it another way. Buyers soaked up $2.3b in gold while the price dropped only a few bucks. There was some competition for even that much gold or the price would have plummeted.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
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Re: Gold Below $1300 "Someone" Dumps $2.3 Billion in Futures

Postby Cu Penny Hoarder » Tue Jul 15, 2014 6:53 pm

I cannot control what someone else does, only what I do.

Currently waiting for sub $20 to get more.
Time is precious, stop wasting it.
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Re: Gold Below $1300 "Someone" Dumps $2.3 Billion in Futures

Postby uthminsta » Wed Jul 16, 2014 12:17 am

Cu Penny Hoarder wrote:I cannot control what someone else does, only what I do.

Currently waiting for sub $20 to get more.

Sub $20? On gold? :) Oh my... Have mercy... Just the thought of that makes me... Phew!!!
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Re: Gold Below $1300 "Someone" Dumps $2.3 Billion in Futures

Postby Engineer » Thu Jul 17, 2014 8:16 pm

uthminsta wrote:
Cu Penny Hoarder wrote:I cannot control what someone else does, only what I do.

Currently waiting for sub $20 to get more.

Sub $20? On gold? :) Oh my... Have mercy... Just the thought of that makes me... Phew!!!


Too many beans for lunch?
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Re: Gold Below $1300 "Someone" Dumps $2.3 Billion in Futures

Postby beauanderos » Thu Jul 17, 2014 10:44 pm

Copper Catcher wrote:I wonder who that "someone" is....Never mind, move along, nothing to see..... :roll:

Gold Plunges Back Below $1300 As "Someone" Dumps $2.3 Billion In Futures :o
http://www.zerohedge.com/news/2014-07-1 ... on-futures

it wasn't me! :shifty:

although... if I ever win the lottery... I'll sink it ALL right back into more shiny :D
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Re: Gold Below $1300 "Someone" Dumps $2.3 Billion in Futures

Postby 68Camaro » Fri Jul 18, 2014 5:32 am

Sure.... Goldman, JPM, Ray - all the big boys are denying it...
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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