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Nothing to do with the election or economy, but maybe the Swiss Referendum?

Posted by Buygold @ 9:05 on November 5, 2014  

Because Nothing Says “Best Execution” Like Dumping $1.5 Billion In Gold Futures At 0030ET

Tyler Durden's picture

For the 5th day in a row, “someone” has decided that 0030ET would be an appropriate time (assuming the ‘seller’ is an investor who prefers best execution rather than the standard non-economically-rational share-repurchaser in America) to be dumping large amounts of precious metals positions via the futures market. Tonight, with over 13,000 contracts being flushed through Gold – amounting to over $1.5 billion notional, gold prices tumbled $20 to $1151 (its lowest level since April 2010). Silver is well through $16 and back at Feb 2010 lows. The USDollar is also surging.

The timing of the dump is right as Japanese trading breaks for lunch

Gold dumped…

http://www.zerohedge.com/news/2014-11-05/because-nothing-says-best-execution-dumping-15-billion-gold-futures-0030et

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.