Submitted by Tyler Durden: Not a moment after someone was slammed with a massive margin call following the hit of 102 USDJPY stops as we noted moments ago,
was that same someone(s) forced to dump a whole lot of silver in thin,
no volume trading taking out the entire bid stack on what can only be
described as "get me the hell out and pay me anything" liquidation,
sending the precious metal to just over $20, before yet another round
of buying programs kicked in, and sent it right back up, allowing those
quick enough to capitalize on some foolish macro trader's blowing up to
pocket a huge profit before Japan has even woken up.
Thank you Kuroda, Bernanke and co for this total farce of a "market."
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