Monday, April 27, 2015
Oh well just look at gold and silver
Here's gold over the weekend:
And silver is 5 cents above where it was Friday morning, which gives you a clue as to where gold is really going once OpEx passes.
Once again, proof that the high-frequency signal generated by bullshit options trading should be ignored completely, and you should concentrate on the underlying low-frequency signal that is generated by physical supply and demand.
Because futures aren't gold and futures eventually cancel out.