RE: Good news on Export license - Roll on Dec2 Dec 2021 11:07
@mcmullank, bigger boys as in the fund and hedge folks. They can’t buy in the small volumes available and will want the first quarter production figures and projection.
It’s the curse of the availability and MM’s that create a drop on such a small volume and value of trades.
They’ll have stacks backed up and probably already pouring more gold, but they’ll will want to release a set of results not just single figures. Unless they are sandbagging to play the gold market, as that’s easy profit as its an instant sale on release.