Loading ...With ETF’s they can make any stock or commodity do whatever they want it to do whenever they want it to do it. You used to be able to use volume in the shares as a clue to future direction but now with so many wash trades it seems volume is useless…..but with ETF’s, any ETF’s, IMO they create a huge slush fund that the computers like Aladdin can be programed to make the shares of anything do whatever the banks and brokerages want them to do. So if gold goes up, silver goes down, and if the PM stock shares go up, both gold and silver phyz go down. or one up and one down….and since there appears to be no oversight, and as stated previously, Blackrock now makes 80% of stock market trades daily in the US. ….and IMO that is due to them owning more than 50% of over 9000 ETF’s now in existence. That makes one hell of a large slush fund to steer the markets to wherever they want them to go. Razzle Dazzle, but they are gonna fumble!!
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