Silver as an investment

Category Archives: flash crash

UK Trader Fined 60,000 Pounds For Outsmarting Algos

Yet another UK trader is being punished by overzealous regulators for an accomplishment that should instead have earned him accolades: Outsmarting the machines. In a case that echoes some of the circumstances surrounding the scapegoating of former UK-based trader Nav Sarao, former Bank of America Merrill Lynch bond trader Paul Walter has been fined 60,000 […]

GEsus!

Well that escalated really quickly… GE is now down over 15% from its pre-open highs and down over 8% on the day (the biggest drop in over 8 years)… Crashing below its Aug 2015 flash crash lows to its lowest since June 2012…

Gold Flash-Crashes Below $1300

After the shenanigans in US mega-tech stocks over the last two days and the seemingly well orchestrated melt-up to pre-J-Hole levels in the dollar, why should anyone be surprised that 'someone' decided to try to sell $1.1 billion notional into the Asian open…   Sending Spot Gold back below the Maginot Line of $1300…   […]

Mysterious Trader With “Nearly Unlimited Bankroll” Said To Manipulate, Dominate Price Of Bitcoin

It was over three years ago, back in May 2014, when we wrote “How Bots Manipulated The Price Of Bitcoin Through “Massive Fraudulent Trading Activity” At MtGox” in which we first demonstrated one of the more striking observed “bot-driven” bitcoin manipulation schemes, in this case related to the infamous collapse of the now defunct Mt.Gox […]

How The Flash Crash Trader Was Scammed Out Of A $50 Million Fortune

The sad saga of Navinder Sarao, who on April 20, 2015 became the scapegoat for the May 2010 flash crash and was sentenced to up to 360 years in prison – he will find out later this year the actual length of his prison sentence – got its latest twist today thanks to a fascinating […]

On Flash Crash Anniversary Scapegoat Sarao Says “I Did Nothing Wrong Apart From Being Good At My Job”

zerohedge.com / by Tyler Durden / 05/06/2015 09:11 -0400 To those who lived through the harrowing market plunge in which it seemed that the Fed has finally lost control, the May 6 2010 flash crash feels like yesterday, and to nobody more so than to the person who mysteriously emerged two weeks ago, just days ahead of the […]

Gold Flash Crash – Manipulation or Something Else?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Monday, January 06, 2014 12:58 PM Around 10:14 AM Eastern, gold plunged in a 10-minute window on heavy volume. Price quickly recovered amid speculation as to precisely what happened. MarketWatch reports Gold market ‘flash crash’ explanations vary […]

NSE flash crash pulls Nifty down by 15.5%

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. timesofindia.indiatimes.com / TNN | Oct 6, 2012, 01.02AM IST MUMBAI: A flash crash on the National Stock Exchange (NSE) on Friday morning due to erroneous trades by a dealer in 59 frontline stocks pulled the NSE-50 (Nifty) index down 15.5% […]

One big order, thousands of small ones, seen behind oil tumble

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. reuters.com / By Jeanine Prezioso and David Sheppard / NEW YORK, Sept 18 | Wed Sep 19, 2012 4:59am IST (Reuters) – A single large sell order in the benchmark European Brent oil market, followed by an abrupt U-turn among […]

Oil’s Flash Crash Focuses On Symptoms Rather Than Intention

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. edegrootinsights.blogspot.com / by Eric De Groot / Thursday, September 20, 2012 In a world where politics (and political interests) and big money are deeply intertwined stable markets such crude oil can take on the appearance of the party game called hot potato. […]