RE:RE:POG Up $14 + already at 9:30 am EST this morning!
manipulation, manipulation, manipulation.. why so much of this on gold boards...and only when the performance is bad? Perhaps i miss your logic but you actually think they can trick a large seller into a cross at the end of the day by holding down the price during one day only?
looked to me that there was one or two entities taking advantage of the POG rise to sell. one was using 85 - scotia. so much of the usual trade is washing back and forth of algorithm trading. scotia not usually part of that.
normally with the algorithm trading - it would have risen 1-1.50 today.
it's a simple algorithm of "real" supply/demand + POG. There was much more real supply today at "normal levels" and that negated the POG rise.
jmo of course.
tC