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  • Gold Crush Started With 400 Ton Friday Forced Sale On COMEX (Fundamentals have not changed)

    04/15/2013 7:47:25 AM PDT · by SeekAndFind · 48 replies
    Zero Hedge ^ | 04/15/2013 | Tyler Durden
    On The Forced Sale...Via Ross Norman of Sharps Pixley,The gold futures markets opened in New York on Friday 12th April to a monumental 3.4 million ounces (100 tonnes) of gold selling of the June futures contract in what proved to be only an opening shot. The selling took gold to the technically very important level of $1540 which was not only the low of 2012, it was also seen by many as the level which confirmed the ongoing bull run which dates back to 2000. In many traders minds it stood as a formidable support level... the line in...