Loading ...What I’m saying is that in the past when Au got smashed , it was hit by paper and as most of the buyers were paper, the shorts could happily sell, as the buyers never asked for delivery…..Now the bulk of the buyers are asking for delivery, as they have to give real metal to their buyers……so the scum cannot afford to smash the mkt , as they fear the buyers will say thankyou…here are my delivery instructions……
I hasten to add this is pure supposition, on my part…..but I can’t see any other reason, to explain why Gold is almost immune to the scums games…..If it was one or more huge buyers, then they would probably use the smashes to buy……these buyers just keep paying up…..which is far more likely to be individuals.