NST 0.66% $15.91 northern star resources ltd

400m cash in bank?, page-74

  1. 2,815 Posts.
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    Well, gold futures traders have their catalyst. As I said in my post on 10/6 commenting about the action on the gold futures market...........

    "That means neither the traders nor the commercials are willing to go bigger one way or the other until a catalyst fires up their algos."

    It will be very interesting to see how the Commercials, specifically the bullion banks aka market makers, handle this POG boing caused by the Brexit. They have plenty of tricks, those dirty dirty banksters!

    Hold on to those goldies one and all. The only certainty now in all markets, especially derivatives like futures, is massive uncertainty. There will will yo yo effects, plenty of boings and pops across all markets for the time being at least.  

    Cheers
 
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