The HFT computers are driving the price down to shake out the nervous investors and the shorters, big banks (owners of HFT computers) and big Sharks are taking advantage of the broken fraudulent market.
The shorters are a definite contributor to what is going on because like leeches they suck the blood out of true investment.
I find it surprising that Freydenberg asked for advice from ASIC, the most incompetent regulator in existence.Unless somebody does something soon the Australian market will be trashed by the leeches. For god sake it is not just the investors but what about the super funds of all Australians.
Why has Canada and many other countries proposed to outlaw short selling on the down tick? It is because it has destroyed their mining industry.
Even Wayne Swan pulled it in 2008 because even he saw it was destroying Australia and this is what is happening now.
Freydenberg must be made aware of the realities of short sellers and HFT computers or Australia will be sold down the river.
Keep The Faith
Gold Investors Unite
The HFT computers are driving the price down to shake out the...
-
- There are more pages in this discussion • 39 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 GOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.79 |
Change
-0.020(1.10%) |
Mkt cap ! $1.936B | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.82 | $1.78 | $2.705M | 1.506M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 62153 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 35570 | 45 |
View Market Depth
| Last trade - 14.46pm 16/07/2024 (20 minute delay) ? |
| GOR (ASX) Chart |