Massive Sell Order Hits Gold Market

Posted by Robert Levy - Border Gold Corp.

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Rumours of a massive sell order hitting the gold futures market on the Chicago Mercantile Exchange early Friday morning actually led to a halt in trading. Apparently 5000 contracts (500,000 oz.’s of gold) hit the market just after 8:40 EST and took away all buyers to test the market liquidity. Gold dropped 25 dollars an ounce in the matter 2 minutes.

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Robert Levy

Border Gold Corp.

rlevy@bordergold.com | 1.888.312.2288

www.bordergold.com

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