Today an entity dumped $1.25 billion worth of gold futures twice which prompted a $45 plunge in the price of gold.
KWN Email About Gold Plunge
November 22 (King World News) – KWN Reader Kevin W.: We saw $1.25B Comex Gold contracts dumped in less than 1 minute each.
Some Entity Dumped $1.25 Billion Of Gold
Futures Twice (Each Time Less Than 1 Minute)
Nothing To See Here Folks, Please Keep Moving
S&P futures trade less than $150M in each of same periods in a market that is 5x as large as Comex Gold.
Translation – 40x the weight being pushed around in gold market relative to its open interest market cap than S&P.
Which Fed officials were short gold?…
Insiders just invested another $56 Million in this 12 million ounce
Canadian gold company! TO FIND OUT WHICH ONE
CLICK HERE OR ON THE IMAGE BELOW.
Nothing To See In Silver Either Folks, Just Keep Moving
KWN Reader Kevin W. continues: Silver traded 1500 contracts in each if those minutes amounting to $170M each. Silver’s open interest value $5000 x 24 x 105,000 = $1.3B.
Compared to $456B open interest in S&P futures that traded only $150M in each minute, silver traded more while S&P market is 350x the size.
The Fed’s hedge fund is desperately trying to paint a bullish economic scenario.
***ALSO JUST RELEASED: Top Money Manager Just Warned Expect More Chaos Before New Global Monetary System Is Introduced CLICK HERE.
***ALSO JUST RELEASED: Egon von Greyerz – I Like This Trading Action In The Gold Market CLICK HERE.
***ALSO JUST RELEASED: Bullion Bank Gold Shorts Hit Record $60 Billion! CLICK HERE.
***To listen to Egon von Greyerz discuss what to expect this year for gold as well 2022 CLICK HERE OR ON THE IMAGE BELOW.
***To listen to Alasdair Macleod discuss the massive gold breakout, subsequent pullback and what to expect next CLICK HERE OR ON THE IMAGE BELOW.
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