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(Kitco News) - In the last two weeks, there were three or four Fat Finger or Flash trades. On Monday Morning at 7:28 EST there was a Flash Rally. Okay, there is no real name for what happened Monday morning, understandable that the street only hears about these moves when they are down. More proof that big institutional firms are trying to manipulate metals.

Gold popped from $1,204 and $1,200. Will be a huge level that must hold, or things could get ugly. Silver held and bounced higher from $15.25, but does have a footprint at the $14.30 level. Both gold and silver at key levels and must hold or the pressure will be on.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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