While the dollar index tumbles to its lowest level since days after the election,someone decided this morning was an opportune time to dump over 22,000 gold futures contracts (almost $3 billion notional) sparking a quick plunge in the precious metal...
"We can deny our heritage and our history, but we cannot escape responsibility for the result. There is no way for a citizen of a republic to abdicate his responsibilities." Edward R. Murrow
Tuesday, April 18, 2017
Despite Dollar Dump, Gold Just Got Slammed By $3 Billion Notional Sale
http://www.zerohedge.com/news/2017-04-18/despite-dollar-dump-gold-just-got-slammed-3-billion-notional-sale
72 Year old Male
Full-time gold futures trader
Trading since 1973
Worked as Account Representative at Monex in 1974-75
Started trading silver, gold, currencies, Tbonds, S&P futures on my own in 1973
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