You reckon the volume over the week is purely down to Groc. I can’t see how it’s down to Alba unless funds are staring to rotate into the gold mining sector and investors are filing their boots. I’ve not seen that amount of volume for a long time, plenty of shares in circulation still I know.
Any profits made in GGP I will likely buy physical gold with a percentage of it. The way prices have increased and currencies are being devalued it has to be a safe bet. Everything thing you do now it’s £50 here £50 there, it doesn’t go anywhere. You can’t get much for your buck. Cash stuck in account i believe is too risky, at least not all of it.
The pattern seems to be drop the sp by end of close, open the next trading session and add on the late trades to put the sp back where it was. The cycle repeats and has done for a while now.
They’re buyers but does this ever shift the sp, these after hour/delayed trades seem to keep it in check. Surely if those trades were allowed to go through in real time the sp already would’ve broken through. There is something I’m not quite understanding.
Could be explosive once broken, hopefully that occurs with the quarterlies. Obviously better before but that ceiling is becoming weaker each time we hit it. Knock knock, resistance once broken becomes support.