Loading ...Re Vol
From what I see Vol still makes sense…where there is a huge diff, is the amount of trading that is Algo’ driven, like well over 70 %…I was only half joking when I said Algo’s can’t read, most can’t and even then how do they seriously weight ‘news’…which explains why so far we see no sign of panic in the PM share shorts.
All they see is a rally to sell into and every time since 2012 that has worked…..
Then we may have spread funds, that are long metal short shares, who are making out like bandits…..well not so much since 2016, but even there by staying long metal short shares prices are at all time lows , so no need to worry, just keep adding on all rallies.
One small silver stock I have was down near 10 % yesterday, on no news….
What they shorts do above 172 in the XAU and 375 Hui…could be interesting….
The other huge problem the shorts have, is have they delivered all the stock they are short ….I listened to Musk on shorters, he hates them, because of the amount of attacks on Tesla, where lie after lie has been spread and the SEC did nothing, despite him complaining to them……sorting the SEC out is personal, which is why the SEC enquiry is already criminal.