Thursday, August 16, 2012

As you might expect, "There's no honor among theives"

I've noticed (maybe because the volumes have been so light) that any time the invisible hand (NYFed??) comes into the market to support stocks someone within the organisation leaks it to someone who then ramps gold up in spike like moves higher.  I've overlaid the active /es over the active gold contract on a 30 minute chart and you can see them step in any time there is a risk that the trend line breaks which then triggers near panic buying in gold. or so it seems....

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