Is it because the shorters are buying shares to clear their positions?
Or some temporary Hartleys magic? I wonder if they have put out a revised glossy on BDR to take into account the extra cash from the CR and how it might be spent.
Or the siren call from Simon to the institutions who think BDR could turn into the best thing since sliced bread was invented?
The USD POG has recovered to 1217 - I am hoping it goes for a run to 1300 (or even a bit higher) before the next major correction/slide.
Anyhow, up is much better than down.
loki
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