RE: end of quarter/ yearToday's closing was another orchestrated effort to drown the SMF closing price. All sales at 4:00pm were from UBS pegging the price at $10.75 - talking about manipulation! Yesterday it was all the same except they were from the RBC.
Anyway the thing I find strange is the continued disconnection between the price of gold and gold stock prices. The gold index was only up 0.69% for the day while the POG went up more than $15. Go figure.
Hopefully with some real trading after the holidays we can see some normalcy return to the market.