the source of gold sell off was a mystery spike in US bond yields from around mid session
it appears to be part of the plunge protection initiative the US govermnet has stated since the Jan equities plunge
if you look at the surge in equities then - there is clear evidence of programmatic buying spikes at 12.30am, 2.30m and 4am in the equity markets as the sp500 recovered on that 41 day unbroken rise
to date ive found no explanation for the sudden bond yield spike last night. people attributing it to the shooting of the UK MP sees=ms insane to me - her death wont change any voting
id removed nearly all my gold exposure so i wanst too inconvenienced - but the manipulated market behaviour gives me real doubts about putting money into these markets
ive never seen a time when the markets were less free
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