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JerseyJoe
Member since October 2013
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>Heavy PM Shorting Bullish  - Adam Hamilton - Zealllc
Of course, demand falls if you can naked short $20B in futures and drop the price over $200 in two days of trading. Nanex analysis show the trading was algo driving in massive bursts of selling. June contract selling on April 12, 2013 Here. And here is a 1AM dump of 1500 contracts that halted the market in Dec. 2013. And there are DOZENS of the mid-night raids…all done to drive the price down. Here a few notable late night/early morning raids: 2 AM 2000 gold contracts sold in one second September 12th 2013, 8:23AM Oct 11, 2013, 6:26AM 1500 contract sell in one second. So stop this demand driven BULL!!!


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Beginning of the headline :Gold and silver have been pounded lower over the past month, contrary to their bullish seasonals.This selling pressure has come from the usual suspects, American futures speculators.They’ve been busy aggressively dumping gold and silver futures, particularly on the short side.But each time they pressed this bet in the past 15 months, gold soon surged higher.Shorts are bullish since they must soon be covered.Gold suffered its worst quarter in 93 years in 2013’s second quarter, a nauseating 22.8% ... Read More
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