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<p>[QUOTE=&quot;Clawcoins, post: 2903807, member: 77814&quot;]==&gt; <a href="https://www.bloomberg.com/news/articles/2017-11-10/mysterious-4-million-ounces-of-gold-trades-trigger-price-plunge" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.bloomberg.com/news/articles/2017-11-10/mysterious-4-million-ounces-of-gold-trades-trigger-price-plunge" rel="nofollow">https://www.bloomberg.com/news/articles/2017-11-10/mysterious-4-million-ounces-of-gold-trades-trigger-price-plunge</a></p><p><br /></p><p>excerpt from above link</p><p><br /></p><p>After 11:10 a.m. on the Comex in New York almost 40,000 contracts, each representing 100 ounces of the metal, traded in a span of 10 minutes. That triggered a sell-off, sending prices down as much as 1 percent to $1,274.20 an ounce.</p><p>..</p><p>..</p><p>“We didn’t see any headlines, any news to make gold drop $10, but it just did,” Miguel Perez-Santalla, a sales and marketing manager at Heraeus Metals New York LLC, said in a telephone interview. “It’s going with someone who has a huge position that can trigger stops and make the market move in a direction.”</p><p><br /></p><p>if my math is right, that 4 million ounces of gold sold in 10 minutes[/QUOTE]</p><p><br /></p>

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