King Report: No one sells so much gold so fast without news unless he wants to manipulate it lower

Section:

By Bill King
The King Report, Burr Ridge, Illinois
https://mramseyking.com/king-report
Tuesday, November 12, 2019

Gold Trade Equal to 3 Million Ounces Sends Futures Tumbling

Gold futures tumbled to a three-month low as contracts equal to over 3 million ounces changed hands in half an hour, fueling the selloff. In the 30 minutes ended 10:30 a.m. in New York, 33,596 contracts were traded, more than triple the 100-day average for that time of day. That helped pushed the most active contract to as low as $1,448.90 an ounce, the lowest since Aug. 5. ...

https://www.bloomberg.com/news/articles/2019-11-11/gold-trade-equal-to-3...

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No one sells that amount of gold in 30 minutes, ex-news, unless he wants to manipulate gold lower.



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