Loading ...Or is it idiot specs bought so many calls on the ETFs that the machines are punishing them.
Just a thought.
It’s true the bankers run the machines — controlling the algorithms. (it’s their fault ultimately for preying on idiot specs)
However, if the speculators bought the actual shares and bullion instead… it could be argued there would in fact be follow-through.
So whom is really at fault. The bankers for exploiting ill-prepared specs or the specs for not doing their homework. (you should not be a spec if you don’t do your homework and just looking at a few charts does not define the extent of the work necessary to be able to make educated guesses)
Anywho…my 2 cents.
Cheers