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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (49300)2/18/2000 7:33:00 PM
From: John Soileau  Read Replies (2) | Respond to of 116790
 
Why is Murphy surprised that Chase sells one day, buys the next? Don't they also routinely do transactions for clients, executing gold sell and buy requests as they get them? Who says the trades are for the big houses themselves? The buys could be for a CB, the sells for a tinhorn dictator who wants to buy an airplane. Not necessarily Chase et al pushing the price up or down. Am I missing something?
John