The cartel has just flashed smashed gold and silver on the NFP release, with silver dropping down a vertical mine-shaft to $34.15, and gold down $20 to $1770.
In an unbelievable turn of events and what likely has just induced a collective myocardial infarction among the cartel, rather than triggering long liquidation and a massive sell-off, the $1 cartel raid has been met with MASSIVE BUYING as virtually the entire move has been retraced with silver back above $34.90!!
*Epic cartel fail as silver has retraced the entire flash-smash in under 30 minutes, trading back to $35!!
Silver’s flash smash:
Looks like the cartel is getting desperate to prevent a weekly close above $1800 and $35. Almost makes one nostalgic for the Andrew Maguire days when a 3% raid on the NFP release was like clockwork.
This morning’s action makes it clear that A MASSIVE BULL RALLY appears imminent.