With so much manipulation going on, the NY cartel was bound to make a mistake somewhere along the line. Veteran gold analyst Peter Degraaf appears to have caught the NY cartel and MarketWatch together with crossed signals.
Regards - VHF
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Peter Degraaf
May 3, 2011
èSomething smells!On Sunday afternoon, May 1 at 4.43 PM Marketwatch sent out an alert (alerts@marketwatch.com) with this notice:
LOS ANGELES (MarketWatch) – “Silver prices fell sharply in early Monday trading in Asia, with the spot price plunging more than 10% in a matter of minutes, according to Kitco data”.
This alert quotes Kitco data, but Kitco on Sunday does not report data until 6 PM, NY time!Could it be that someone provided Marketwatch with a ‘heads up’ that a raid would take place in the thinly traded market in Sydney, Australia on Sunday evening?