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Gold “Pounded” As Someone Dumps Over $2 Billion In Under A Minute

Friday, October 7, 2016 10:51
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(Before It's News)

Having spiked above $1265 on post-payrolls USD weakness, the European close seems to have been the perfect time for someone to decide to dump $2.25 billion notional gold into the futures markets, busting the precious metal back below the crucial $1250 level…

Silver and US Stocks are also tumbling…

VIX surged above 14 and oil tumbled back below $50…

As “Risk Parity Deleveraging” accelerates…

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