Following Monday’s $1.3 billion paper gold dump on the COMEX open, the cartel has hit gold and silver again Tuesday, and has finally succeeded (for now) in driving spot gold back under the critical $1300 level- but it took twice the amount of paper used yesterday, as an astonishing $2.3 BILLION in gold futures were just dumped on the market.
Gold held above $1300 throughout Monday’s trading, but has been slammed back under the support level on the back of the massive 17,000 contract ($2.3 billion) paper futures dump:
After climbing throughout the overnight Asian and London sessions and trading back above $21, silver has also been hit and dropped back to a $20 handle:
Look for support in the $1275-$1280 level in gold, and $20.50 in silver, as we are seeing BIG MONEY enter the physical market in a BIG way at SDBullion on this opportune pull-back.
Take advantage of the current market price with these
BLOWOUT SUMMER DEALS from SDBullion:
& HEROES Revolution:
Available for Pre-Sale Now, Only at SDBullion!