@ Buygold re 11:00, I think you’re right, lots of volume. Many panic bailing out, and many panic buying in at the same time. I assume on futures contracts.
So who do we think would be the bravest confident wealthiest buyers of lower priced gold contracts, to take delivery? Foreign central banks? Some foreign gov’ts?
Now who would be the most frightened, scared money gamblers panic selling their contracts they bought a lot higher on huge margin, and have zero ability to take delivery? The gamblers that like to lose money?