Loading ...Why is Au not < 1K ???
I believe the Chinese plus all the others buying is too big to take out, so what you have is longs who don't sell, can't be shaken out. That leaves the selling to the Scum short raids, plus the Hedge Fund shorts etc.
It ain't a normal mkt anymore.
Plus i don't think they will buy any Miners, as far as they are concerned they have it all under control. They think nothing will happen to them, as they make the rules…..but the strong dollar/strong economy story is getting stupid here.
But look here we go again….Dollar goes bid as the SM levitates. It’s all they know !!!!!