Silver Slammed As 'Someone' Dumps $1.4bn In 'Paper' Gold Futures

Submitted by Tyler Durden on 07/17/2015 08:47 -0400

• CPI

inShare6

 

Following "good" Housing data, "bad" CPI data, and "ugly" wage growth data, someone decided to dump $1.4 billion notional in gold futures markets (sending silver plunging also)...

Sending the price to 2010 levels...

Some context...

We are sure the Chinese will be very pleased to back up the truck a little more.

Average:

5