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Re: RBS:- Gold going to get KILLED !!!!!!!!!!!!
............& more:-
http://www.zerohedge.com/news/cash-o...d-kids-college
Hmm......the BEAR stories are coming thick & fast......
Mike -
Re: RBS:- Gold going to get KILLED !!!!!!!!!!!!
smoking gun side note on gold pricing . . .
On June 7th, 2012, the price of gold dropped by $22 in less than a second, guided by a computer algorithm during late trading...
We can clearly see the up and down of the prices [within less than a second]. Neither a mistrade, nor a move in the spot market, nor a building up of several high frequency programs (like in the flash crash of the stock market on 6 May, 2010) can cause such swings... the spot market can't be the cause in question, as it lagged behind the sharp drop. Instead it was a phenomenon of the futures market. Generally, no person but only a high frequency computer program can act so fast. Due to the lack of any suitable alternative, its purpose must have been price manipulation. Indeed it was achieved: the price stayed more than $20 lower for hours -- time enough to get back the costs of the operation.
http://www.financialsense.com/contri...attack-on-gold
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Re: RBS:- Gold going to get KILLED !!!!!!!!!!!!
Don
Its difficult when you invest in Gold.....EVERYTHING is a Plot to either crush the value of your Gold...or steal it away from you.
I just sit back & await the "Outsanding leadership" @ the Bank of England ...to er...PRINT .
MikeComment
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