Just Another Deliberate Smash

Fri, Jan 8, 2021 - 10:35am

As we've seen a several times over the past few months, prices were suddenly and brutally smashed in London today and that set the stage for a down open on Comex and a further smash this morning in the U.S. It's always disheartening to see these smashes and today is no different.

We might as well just get right into it...

At precisely 8:00 am in London (2:00 am CST on my charts), BOTH gold AND silver were smashed on a sudden spike of sell volume. As always, only the BIS and/or The Banks can manage a sudden surge of volume like this so we know where to lay the blame....

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