Submitted by Tyler Durden on
04/12/2012 10:00 -0400
We guessed it wouldn't be too long before the next rumor was dropped and Gold
is surging - now over $1670 - on this latest chatter... Don't tell Gartman, but
gold is now of 5% higher in math terms from the minute the "world renowned" gold
swing trader sold
everything 7 days ago.

Chart: Bloomberg
Incidentally, for all those lamenting the alleged endless manipulation by this bank or that, here is the math: one could have bought much more gold at the manipulated lower price of $1610 from a week ago, than today. Always pays, literally, to keep things in perspective.

Chart: Bloomberg
Incidentally, for all those lamenting the alleged endless manipulation by this bank or that, here is the math: one could have bought much more gold at the manipulated lower price of $1610 from a week ago, than today. Always pays, literally, to keep things in perspective.

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