Post by
oilisswell on Nov 15, 2024 12:54pm
Friday dump
Traders selling before the weekend and taking the loss. 1.5 million shares sold so far. Gold down ~0.2%, silver down ~0.4%, and GGD down >4%. As I said before, if metal fall to values assumed in GGD presentation, their share will be 0!
Compare that to oil being down 2% and oil shares on average down~1%. This while Trump wants to push oil prices much lower!