from Zero Hedge
What goes up… must not be allowed to…
Someone just decided this was the perfect time to dump over $2 billion worth of notional paper gold onto the markets…
[…] Over 16,000 gold contracts (and 7,500 silver) were dumped in that 5/10 minutes segment.
It appears Draghi did not like the impression of his impotence that precious metals were suggesting.
It appears the Gold/Silver ratio at 72x was a big buying opportunity?