Loading ...there is no doubt in my mind that GDX is the vehicle that the Scum use to keep PM shares flat on their arses. They know that the Shares lead the Metal…so they keep the shares weak all day.
They can and do sell unlimited amounts of GDX, no matter the size of the bid they fill it and offer over, they are only agressive when too mny buyers show up, mostly they sit there hitting the bid all day, so the last trade is always the bid and offering way more than the bid. Why GDX….because they never have to settle the trades, same as GLD.
Seeing as the regulators are only interested in watching porn…we are left with getting the story out….that they are short monster amounts of PM’s which they don’t have and prices are stupidly cheap……hence it is the trade of a lifetime….waiting to happen.
Cheers.