sell off taking place?, page-15

re: sell off taking place? gold I've been trying to work out what feels so suspect about trading in the gold stocks for the last month.

Many of us are all fulltime traders - we all seem to be seeing it?

You know what I think it is? Where is the exhuberant price spike, the rampant buying and associated price surge, the mad "Geezzuz if I don't get on I'll miss the boat" stuff.

Instead, all the major producers have been sat on with huge quantities of stock and price levels only very begrudgingly surrendered before a wall of selling has set in again.

I mean, its all very well to say todays selling was inspired by whatever Powell may say tonight but OXR as an example probably would be trading at around this price on the basis of finally getting production under way and additional resource proveups even if gold was still trading at $325!!!

The last time it traded at 65c (which we didn't hit today) gold was trading at $370 and less.

This whole gold trade in recent times has a very regulated feel about it. Yep, I know, all very conspiratorial I know but did you see the manouvring during matchout to try and get a 1.56 close on LHG? Just pipped at the post by a late buy order...

Hmm, all very strange.