21-11-2014, 12:21 AM
Commodities Are Crumbling - Gold Fixing, Swiss Gold Poll, Or Another Fed Minutes Leak?
Submitted by Tyler Durden on 11/19/2014 10:50 -0500
Because nothing says unrigged like a collapse across the commodity complex (gold, silver, copper, and crude) as London's Gold Fixing Company auction takes place... Or did the Fed leak its minutes like it did in 2013? It appears the real reason is the early release of Swiss Gold Referendum poll data that shows a drop from 44% "Yes" to 38% "Yes".
![[Image: 20141119_comm1_1_0.jpg]](http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/11-overflow/20141119_comm1_1.jpg)
No it's not the USD!!
![[Image: 20141119_comm2_0.jpg]](http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/11-overflow/20141119_comm2.jpg)
* * *
Subtle!!
10:48:31 - 2270 Gold futures and 596 Silver futures trade in 1 second $GC_F $SI_F
Eric Scott Hunsader (@nanexllc) November 19, 2014
* * *Eric Scott Hunsader (@nanexllc) November 19, 2014
There is a 3rd possibility...
SRG SWISS REF poll will be announced unofficially at around 11am EST.
It is a private survey so might be out already...
The last survey had 17% undecided (with 44% supported "Save our Gold", 39% were opposed)
Data is released:
2. SRG-Umfrage: Gold 38% Ja (-6) zu 47% Nein (+8), 15% (-2) unentsch., das Nein baut sich auf #CHvote #abst14 #goldinitiative
gfs.bern (@gfsbern) November 19, 2014
So a big drop in "Yes" and EURCHF reacts...gfs.bern (@gfsbern) November 19, 2014
![[Image: 20141119_comm3_0.jpg]](http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/11-overflow/20141119_comm3.jpg)
and then gave it all back...
![[Image: 20141119_comm4_0.jpg]](http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/11-overflow/20141119_comm4.jpg)
Average:
"The philosophers have only interpreted the world, in various ways. The point, however, is to change it." Karl Marx
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.
"He would, wouldn't he?" Mandy Rice-Davies. When asked in court whether she knew that Lord Astor had denied having sex with her.
“I think it would be a good idea” Ghandi, when asked about Western Civilisation.