Loading ...Roger that thanks. Strange drop in the paper margined AU AG market. Ya know, share buyers, and futures traders, are two entirely different animals.
The futures players are mostly short term with thousands of ounces (or oil barrels) positions on huge margin, and the slightest percent move up or down makes them big winners or big losers and they need to sell real fast when the price goes against them.
Share players mostly longer term not on margin and if so only 50% maximum? So what I’m saying is the share prices should not be pegged to the action in futures market. Its really dumb.