2012-12-19mineweb.com

``Indeed given the amount of paper gold futures that have been sold, those doing the selling must be wondering how long they can keep this up given they have only managed to knock the price back a few percent.  The volume trades, seemingly designed to drive the price down below various stop loss positions and thus make the falls self perpetuating in these days of computer-driven trading, are patently only succeeding to take the price down to another point where perhaps an even bigger position holder is buying''



Comments: Be the first to add a comment

add a comment | go to forum thread