Loading ...The only real story out there is the Rig…..no real punter/investor/hedger sells 70 tonnes of Gold on the crimex in less than 3 minutes etc. as happened when we sniffed 1250 on 15 Oct …..or if they did, they were fired the next minute and they sure wouldn’t still be around doing it whenever the mkt looked even slightly bullish, unless that is what they are employed to do….
Anyone can take any mkt anywhere they want if they never pay a a margin call and that is what the Rig is doing ……not just in PM’s either.
As I said ystdy, they may not do any more QE, because the Rig is working perfectly….we all just have to Believe !!!!!!!!!
Cheers.