Loading ...IMHO it ain’t these trade talks that are driving PM’s….It’s HK and Kashmir as well and they are taking physical, which is why the scum are having such a hard time..
If the buying is large enough, then Far East Dealers, pass it on to London, who will again pass it on to New York, if still not filled. Dealers know the scum are out there and will hit the mkt…so will hold back on buying and let the scum sell to them……however what seems to be happening now, is that not even the scum will fill the buying, which is why we see the mkts bounce back, after scum hits.
Plus knocking prices now, could well be counter productive, as all it does is get buyers to jump in and take even more physical off the mkt.