Kaye: “The selling action on Friday was pretty well-foreshadowed.
Virtually every Non-Farm Payroll report, irrespective of the number, we’ve seen
the same type of downside action. The number, which is made up anyway, is
always gamed.
There is clearly no evidence of a
recovery, but as I said they gamed it anyway. Once the physical market in
London had been settled, the COMEX market was jammed lower and it has continued
to be leaned on. One thing that needs to be understood is that right now in
Asia time we are dealing with something that is a little bit
unusual...."
No comments:
Post a Comment