hi exised, every now and then you would have noticed that nst and other gold producers have outsized falls even when the price of gold is virtually unchanged from one day to the next. Take yesterday as a good example. What do you put this down to?
Was it hedge funds hedging their positions as it was the day before fomc meeting? Yesterday’s falls were meaningless as today it will get those losses back and then some.
cheers
Open price of nst tomorrow, page-14
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