Loading ...“Could be someone reading the Rig, as the way PM’s have been hit would suggest a bullish Fed announcement, they tend to smash hard when they know they will have to announce bullish data/comments…that way headline numbers are always muted ie Gold at 1340 is a nothing but at 1400 is big news etc.”
That is my bet for the week. They have smashed especially hard the last week. Course the rebound won’t be as fast as the smash, but we should rebound a little.
One thing seems sure, these pm shares aren’t forecasting $1400 anytime soon.