Strange open yesterday

1 post / 0 new
#1 Fri, Jun 20, 2014 - 5:08pm
devilsmetal
Offline
Joined: May 30, 2014
121
0

Strange open yesterday

The price was opened up high yesterday, and then all of a sudden, it spiked down to catch the previous day's close... then popped back up, heading North.

I have no idea why it would do that.

At the time, I was thinking they were going to crash, and that would make a big smash look less conspicuous. I've been paying special attention to the fixes and the HFT platforms and am convinced these two things work in concert to manipulate the price.

...anyway, it didn't really show up on the kitco chart, because it only lasted for an instant, but it was enough to register $19.05 as the opening number on SLV. Again, why make the daily gain look even higher?

Anyone?

Edited by: devilsmetal on Nov 8, 2014 - 5:21am
randomness