The 8:30 AM Gold Dump, Carry Pump Is Right On Time
March 25, 2014 at 10:21 AM EDT
This morning's pre-open is dominated by deja vu all over again. Just as we saw yesterday, right on cue at 830ET, gold (and silver) are unceremoniously dumped and USDJPY is pumpedso as to ensure stocks look shiny for the US open (and Biotech can be dumped to the next greater fool).