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  1. wombat53
    7,702 Posts.
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    22/04/16
    00:04
    Post #: 17573820

    Precious Metals Puke - 'Someone' Dumps $2 Billion Of Gold Into Futures Markets


    What goes up... must not be allowed to...
    Someone just decided this was the perfect time to dump over $2 billion worth of notional paper gold onto the markets...


    Over 16,000 gold contracts (and 7,500 silver) were dumped in that 5/10 minutes segment.
    It appears Draghi did not like the impression of his impotence that precious metals were suggesting.
    It appears the Gold/Silver ratio at 72x was a big buying opportunity?


    http://www.zerohedge.com/news/2016-04-21/precious-metals-puke
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    lightbulb Created with Sketch.  Great analysis
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