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Published on Gold Anti-Trust Action Committee (http://gata.org)

Proof that Monday's gold smash was not a 'fat finger' mistake but an algorithm attack

By cpowell
Created 2014-01-08 22:58

5:57p ET Wednesday, January 8, 2014

Dear Friend of GATA and Gold:

Market data provider Nanex in Winnetka, Illinois, tonight produces proof that Monday's smash down in the gold futures market was not a mistaken "fat finger" trade but the product of a high-frequency algorithm trading program painstakingly designed to take the market down. Nanex's report, with great charts, is here:

http://www.nanex.net/FlashCrash/OngoingResearch.html [1]

Zero Hedge's commentary on the report is here:

http://www.zerohedge.com/news/2014-01-08/proof-golds-latest-slam-was-not... [2]

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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Vancouver Resource Investment Conference
Vancouver Convention Centre West
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