Gold Surges Back Into The Green After $1.2 Billion Morning Plunge

Zero Hedge ^ | 5 Feb 2016 | Tyler Durden

[amorphous]

After someone decided to dump $1.2 billion notional in gold futures this morning as the jobs data hit - sparking a $20 tumble in the precious metal - it appears stock sellers are greatly rotating to the safety of bullion (over bonds)...

[amorphous]

IMHO, rising gold prices in the face of falling asset and commodities is a red flag.

[CivilWarBrewing]

Gold is ON THE MOVE and silver broke the $15/oz barrier today. This is the start of the big BOOM for precious metals. World economy in decline and everybody is running to gold!

Silver hasn't been above $15/oz since early November 2015.

[amorphous]

This is the start of the big BOOM for precious metals. World economy in decline and everybody is running to gold!

I'm afraid you're right. I also see this as a sign that "this time really is different", as in "OMG!".

I hope folks are preparing, in case we're both right.

[minnesota_bound]

Everything is fine and dandy.....
CITI SOUNDS ALARM: WORLD ECONOMY IN DEATH SPIRAL

[Rusty0604]

Our govt will fudge data until a democrat is safely elected, or if a republican is elected they will let it collapse the day after inauguration and all the dummies will blame it on him.