Loading ...Be careful with the REM’s right now because with all the news over the past week idiot speculators have been hard at work buying calls just like they do with PM’s (another widely talked about and speculated on commodity group)…and we know what that means.
Buygold – I am on record that it’s the hedge funds that are the main culprits…so we are in agreement here. Of course the little guys are no better even though they don’t affect price to the same degree.
No matter…PM’s will remain in the crapper until bullish derivative playing speculators become exhausted.
And we are not there quite yet.
Cheers