It’s hard to say what banks are doing because they have much more inside information on what other banks worldwide are doing, where money is parking or going to park.
The question is if these ETFs track different stocks does they’re buying, selling affect these stocks either way. So are these bankers controlling any moves on the general PM market compared to a few moving on fundamentals? To a point anyways esp if it’s being sold because they need money or when they expect the dollar to rise per say.
I’m guessing they could also my producers if they are giving dividends but more likely to buy ETFs where they are less likely tracked. I doubt they buy penny stocks or any non dividend stocks and if they do buy a producer with no division they wouldn’t stay in long I’m guessing. So they probably go up in sympathy by the private sector as the others in a rise get more expensive.
Portugeezer
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