There's manipulation occasionally in all markets, but goldbugs are fixated about it. Instead of taking their losses on the chin they'll blame someone else.
Futures contracts have existed for 4,000 years in one form or another, just like taking out a mortgage on your house is a form of futures contract. There's futures contracts on every commodity - would you really like to take home 40,000lbs of live cattle to Mrs euphoria if you want to hedge the meat prices?
What's a lotto ticket...a futures contract? If you win you collect, if you lose you get nothing.
There's manipulation occasionally in all markets, but goldbugs...
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NST (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$13.46 |
Change
0.120(0.90%) |
Mkt cap ! $15.47B | |||
| Open | High | Low | Value | Volume |
| $13.24 | $13.53 | $13.22 | $49.41M | 3.685M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9450 | $13.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.47 | 7905 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| NST (ASX) Chart |