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Mark O'Byrne: Silver prices bounce after futures manipulated 7% lower in minute
9:23a ET Friday, July 7, 2017
Dear Friend of GATA and Gold:
GoldCore's Mark O'Byrne notes this morning that there was a "flash crash" in silver futures overnight and that it was blamed on a "trading error" though such flash crashes seem to happen almost exclusively in the monetary metals. More likely these "flash crashes" indicate central bank intervention against competitive currencies. O'Byrne's analysis is headlined "Silver Prices Bounce Higher After Futures Manipulated 7% Lower in Minute" and it's posted at GoldCore here:
http://www.goldcore.com/us/gold-blog/silver-prices-bounce-higher-futures...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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