Typically there will be a pop at the open, commercials will watch how far that runs, and then start selling into it, locking down prices for future production, causing that pop to fade out.
Typically there will be a pop at the open, commercials will watch how far that runs, and then start selling into it, locking down prices for future production, causing that pop to fade out.
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interesting dynamic in play here
with the reddit squeeze on GME you’re pitting robin hoods vs. the hedgers
when they move the action to silver, they’re bringing in the big guns in Chicago
imo, the hedgers are bull dozing vulnerable victims while the commodity traders are real sophisticated financial pros.
these guys are hard to beat.