FML 0.00% 14.0¢ focus minerals ltd

big drop in gold, page-11

  1. 201 Posts.

    nah not so sure...

    its the leap year mate....

    and the bots went crazy
    coz they are kicked out of the system

    :)

    HAha :)

    heard something from a bloomberg interview
    last nite bf the cliff
    about something adjustment
    on short covering of sort due in few hours
    also iran and some other country
    is trading with physical gold now
    and sanction is servere there
    is china in the play here?
    or some high profile fund manager get in to trouble again
    and had to liquidate the only sell-able thing?

    still possibly just the leap year effect :)
    possible the gld etf effect also (just my guess here)
    note sure..
    could be "freak yourself" reaction just for the day
    and somebody else will buy the lot back tomorrow

    just woke up
    have no idea what I post here
    so *** PLS DYOR

    otherwise business as usual :)


    good luck to all
 
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