Insider Trading in Gold before FOMC announcement
Gold Jumps Most in 15 Months as Fed Refrains From Taper , Gold prices
spike after Fed announcement but some controversial facts shows Insider
Trading happened in Gold. Some traders were aware of the FOMC news
before it was released.
Here is the fact:
Around 4300 contracts changed hands in the Dec Futures - massively more than average volume - before the statement came out and drove prices further up.
In those 3 minutes Gold prices jumped $11... so the question is - lucky guess... or which big bullion bank got the nod?
Continue Reading
Here is the fact:
Around 4300 contracts changed hands in the Dec Futures - massively more than average volume - before the statement came out and drove prices further up.
In those 3 minutes Gold prices jumped $11... so the question is - lucky guess... or which big bullion bank got the nod?
Continue Reading
posted by Bramesh at
10:39 AM
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