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Author Topic: Re: What the heck triggered that dump?  (Read 335 times)
ianbakewell (OP)
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November 27, 2012, 05:04:05 AM
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I can't think of a way to move money from Gox to a brokerage fast enough to do that.

As wrend speculated in the other thread:

it is possible that we have a hedging bot working on auto, and some biggish (5000BTC) individuals that closely follow Silver?

You do not need to use the same money you get from selling BTC to buy silver, you just need money available.
Buy PM with available capital and close position in BTC simultaneously. A bot could see the kitco drop and execute an order for PM and a sell for BTC right quick.
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