mainstream media: crash was "market rigging"

The gold price crash is further evidence of market rigging

The facts in the public domain do not justify the sharp fall in the gold price over the past two trading days. At the time of writing, the price per 100oz is $1363, down over $200 since Friday's open. The scale of the sell-off was the worst in 30 years, with the volatility index standing at the highest level in its history. John Kemp at Reuters has calculated that based on a normal distribution, you would expect to see movements like Monday's only once in every 500 million trading days, or two million years. The news which would justify such a price swing is curiously absent – in fact, my view is that the market ought to be bullish for gold. Something doesn't add up.

The start of a great article in The Telegraph by Thomas Pascoe at http://blogs.telegraph.co.uk/finance/thomaspascoe/100024081/the-gold-price-crash-is-further-evidence-of-market-rigging/

My comment: It's great to see someone in the mainstream media have the guts and integrity to tell it how it is, instead of pandering to the parasites who rig these markets and quoting those same parasites to us to "explain" to us why the gold price crashed.