Post by
MaterialsMan on Oct 13, 2023 1:26pm
Wow!
A sixty dollar move in one day.
Not sure if that's ever happened. Of course the day isn't over yet.
Comment by
ggrellette on Oct 13, 2023 2:21pm
Yes it has, if my memory serves me well $75 move is the highest in one day for a close. I believed it moved that day around 100 bucks but closed around 75 bucks. Sadly Gold is so undervalued by the market it is ridiculous. The central banks and gold players work together it seems to hold gold down.
Comment by
ggrellette on Oct 13, 2023 4:23pm
The market is rigged for the brokerage houses, Hedge Funds and major players NOT RETAIL investors. We are viewed by them as the fish to eat. The market has very little transparency due to GREED.
Comment by
Highwired7 on Oct 13, 2023 4:35pm
Yep, and they all have "pay-to-play" arrangements with the tax payer funded regulatory agencies, IIROC an SEC. When the reguator's coffers need refilling, they trot out one of these players for some kabuki theater for the masses, issue a fine far below their ill gotten gains with no admission of wrong doing...rinse and repeat.