
Dissecting The Crash | zero hedge
Gold ironically does is behind the 10yr futures in getting rocketed. This is the kind of thing we take a couple of hours to deconstruct; more on this in a follow-up post. But notice that we have the same phenomena here: there are suddenly no offers for either the treasuries or gold. … Otherwise, in every other market, NOTHING got hit until nearly SIMULTANEOUSLY the bids were back in the market, albeit at a hugely lower price (vice versa for GLD and treasuries). …
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