A few weeks ago I mentioned that after hours is starting to get active for institutional money, they are using it's low volume to do some damage, in this case it was silver, AGAIN! This is starting to form a trend, and another good reason to keep stops mental and recall the flash crash posts I've put up in the past. Most of the time if you react to them, you'll get burnt, if you let them do their thing, price will usually come back or recoup most of the crash.
Here's Silver's story last night
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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