TF Metals writes:
"You'll be hearing a lot over the next few days about the "Iron Dome" that Israel has. Apparently, The Gold Cartel has one, too.
"As reported in the morning update to the previous thread, today we witnessed an extraordinary act of blatant manipulation in the gold pit. Over the course of about 5 minutes, one single order was filled. This massive dump of about 25,000 gold contracts managed to move the price of gold down by nearly $20. To give you an appreciation of the size and scale of this deliberately criminal act, 25,000 contracts is the paper equivalent of 2.5 million ounces of gold or, roughly, 77 metric tonnes. 77 tonnes is the paper equivalent to the alleged physical holdings of Australia or Indonesia. ..."