In The News Today

Posted at 1:21 PM (CST) by & filed under In The News.

Bill Holter’s Commentary

Do you remember the days when the sale of $1 billion worth of “precious paper” gold would cause a $25 or even $50 drop in gold’s price? Today they got a lousy 5 bucks for their troubles! The world she is a changin’!

Gold Tumbles Back Below $1300 As Someone Suddenly Dumps $1 Billion Of ‘Precious Paper’
March 29, 2019

As Europe closed, it seems someone decided now was a great opportunity to puke over $1 billion notional of paper gold into the futures market to send the precious metal back below the key $1300 level…

Huge volume spike…

 

 

 

 

 

 

 

 

 

Spot gold broke back below its 50DMA…

 

 

 

 

 

 

 

 

 

More…