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Message: Gold Plunges After "Someone" Suddenly Decides To Dump Over $2.3 Billion Notional

Gold Plunges After "Someone" Suddenly Decides To Dump Over $2.3 Billion Notional In 10 Minutes

Submitted by Tyler Durden on 05/16/2016 12:35 -0400

  • Crude
  • Precious Metals


  • A modest blip higher in the USD...

    And commodities suddenly accelerated to the downside, led by precious metals.

    While Copper and Crude are giving up gains, gold and silver and being monkey-hammered on heavy volume..

    Over 18,000 contracts - or over $2.3 billion notional of gold has been dumped in the last 10 minutes...

    Thank you London Fix.

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