the collapse of etf gold - paper gold, page-174

Skoll does not do up to date only history, that is why he is accurate. EFT sales of holding have slowed dramatically in the last month. They expect another possible 300 tonnes for next year. Maybe? point being that is nothing compared to the sale off in the 1st half of 2013. That is why POG is stabilizing. And the risk is now greater for shorts than longs. The flash crash had no impact on downward pressure and that say volumes.

"Meanwhile, Monday’s “flash crash doesn’t appear to have had a lasting impact, which adds more evidence to suggest that gold and silver are pretty washed out at this point,” Cieszynski said."