Re NEM I hear u….!!!!!
But I doubt it is NEM, more likely it is mkt rigging…….Over the last few days we have had the French government fall apart and now lord knows who will run the joint…so u would expect French borrowing rates to at least edge a bit higher, against other better run places……today the spread between French and German rates NARROWED by 5 %…..No way is that a natural move…..pure rigging…..
When was the last time we had a bear run in the SM…..it just doesn’t happen….so as I say I reckon NEM, is down to pure scum selling.