NEM, GG, or ABX needs to bite the dust before we can proceed forwards again. As preposterous as it seems to say it, I’m starting to come to that conclusion. A big miner must fall or appear to be at the edge of the abyss. ABX smells like a dead fish. What happens if it loses support right here? Seems like a bet with puts would be fun, but the traders seems to bite me in options usually. Plus these stocks are too low to short and make good money. I’d hate to go long with calls. That’s asking to be pick pocketed again. Hopeless situation IMO.
Barrick- from $55 to $15…good job management and board of directors. You guys rock! Creating value in everything they do. A stand up group of people.
or the geniuses at NEM driving blind from $70+ down to $25.
Any of us in the room could do this good. These guys are industry professionals. This is what they do best. Mine and watch the markets for a direction. Quite amazing stuff
notice the bids….and the amounts. Always just machines trading machines. and then you have the occasional goldbug that types in an order for a off number of shares….just testing to see if his bid even comes across the screen or is it all fabricated markets we see? That’s what they wonder if you ask me.
Talk to me people, I’m listening. giggle