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

PostPosted: Tue Jul 15, 2014 5:33 pm
by Copper Catcher
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

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

PostPosted: Tue Jul 15, 2014 6:27 pm
by 68Camaro
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.

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

PostPosted: Tue Jul 15, 2014 6:53 pm
by Cu Penny Hoarder
I cannot control what someone else does, only what I do.

Currently waiting for sub $20 to get more.

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

PostPosted: Wed Jul 16, 2014 12:17 am
by uthminsta
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!!!

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

PostPosted: Thu Jul 17, 2014 8:16 pm
by Engineer
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?

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

PostPosted: Thu Jul 17, 2014 10:44 pm
by beauanderos
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

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

PostPosted: Fri Jul 18, 2014 5:32 am
by 68Camaro
Sure.... Goldman, JPM, Ray - all the big boys are denying it...