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View Full Version : Did Someone give Comex a big FU?



osoab
12th September 2010, 03:40 PM
http://www.kitco.com/images/live/plad.gif

http://www.kitco.com/images/live/plati.gif

http://www.kitco.com/images/live/silver.gif

http://www.kitco.com/images/live/gold.gif

All of the above were crashed before the Comex open. All jumped @ the open. I didn't notice this till this evening.

Seems like someone gave the finger to JPM et all and then took profits.

Has anyone seen read anything covering this?

Glass
13th September 2010, 05:06 AM
PM's are a market makers market. They set the price every day at London.

osoab
13th September 2010, 03:07 PM
What I was attempting to point out is that with the exception of platinum, all of them broke past the earlier high of the day immediately after the fix. The rise back up seemed more pronounced than previous smackdowns.

Granted it was probably the banks bidding it back up after taking profits for the pm fix.