Hi Macnzl and all,
Bejesus you’re as cynical as me as they were my exact thoughts! I mentioned the other day that 11.5 Million ounces changing hands had little effect on the price in either direction.
So maybe we are right lower the margins (equivalent to free drinks in the casino) bring in some new fresh players increase the volume and then fleece them good and proper! May as well make out like bandits particularly as the so called sheriff is asleep at the wheel!
It’s not a conspiracy or cabal I believe it’s just the new normal way of doing business in the USA and why not everyone else is doing it.
The thing is when the fiddling (musical pun intended) stops and there is a big rush for the available chairs I have already physically booked mine! I hope you have yours.
Cheers sir and very best regards: Andy
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