Silver Prices Bounce Higher After Futures Manipulated 7% Lower In Minute
By GCRU Gold News on Saturday, July 8 2017, 01:51 - Permalink
Many analysts are calling the flash crash a ‘trading error’ or fat finger.’ However, this is somewhat lazy and ignores a few pertinent facts and context.
The aggressive selling had all the hallmarks of market manipulation as $450 million worth of silver futures were sold in a minute. An entity appears to have wanted silver lower and the massive sell order achieved that goal.