Furious Selling Slam Sends Silver Red For 2014; CME Getting Tired of Manipulation

[jeff of pa]

first thing this morning, an unknown seller, smashed all stops in one big sale, and took silver to its lowest price for 2014.
no normal seller takes out the bid stack, telegraphs a massive sell order and executes at the worst possible price.


There was no news, so one can't even blame a rogue algo overreacting to some headline and taking momentum ignition strategies a little far.
In short: this was a premeditated and deliberate selling of silver with one simple purpose: push and reprice silver lower.



Even The CME Is Getting Tired Of Silver Manipulation | Zero Hedge

 

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[VERDE]

Hey jeff!! Thanks for the heads up and information!! Sounds as if they have made their margin and are planning to rebuy at much lower market rates!! GOOD LUCK and GOOD HUNTING!! VERDE!!

 

[jeff of pa]

Hey jeff!! Thanks for the heads up and information!! Sounds as if they have made their margin and are planning to rebuy at much lower market rates!! GOOD LUCK and GOOD HUNTING!! VERDE!!

nickle & dimeing their way through

they may have even sold it to themselves, just to get prices low enough to Buy additiional Silver

 

[DeepseekerADS]

Jeff, I read the article, and immediately went to a site I've been following, holding off on a U.S. silver coin purchase, and found the price had jumped a little since the last time I looked - day before yesterday. So I checked trading. Silver opened at 19.04, and jumped up 0.51 pretty quickly.

 

[jeff of pa]

yea I saw that



http://www.treasurenet.com/index.php?pageid=metals