Loading ...I think the PM sector is strewn with aggressive speculators. And they are dumb enough to play the banker’s game and gamble in derivatives — not invest in the shares or bullion.
So I can’t agree because the PM sector has some of the most aggressive speculators of any sector — if not the most aggressive.
And they think they have the moral high ground (an advantage because of positive fundamentals) even though that view is retarded because they are playing in completely independent derivative markets that have little to do with PMs or positive fundamentals, which is why PMs crash so often.
It’s not the bankers who are PM speculators worst enemy — it’s themselves because not only do they enable banker games – they do it in an ignorant and pigheaded fashion that cause true investors in the sector, the ones that buy the shares and bullion – a lifetime of grief.
Cheers