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<p>[QUOTE="kema, post: 2197951, member: 67053"]I believe in the maximum hurt principle...</p><p>But in general it's very easy to predict the near future. Bullion banks sell until they trigger the stop loss for the trading bots, then follows a cascade and once the price flattens out they buy back what they sold. Wait for the price to rise, Rinse and repeat = make money...</p><p>They can't allow PM to climb since this will torpedo the dollar and they can't push it too far down since this will trigger too large a demand of physical. So, they are happy to let it bob up and down in the $1100-$1200 range.[/QUOTE]</p><p><br /></p>
[QUOTE="kema, post: 2197951, member: 67053"]I believe in the maximum hurt principle... But in general it's very easy to predict the near future. Bullion banks sell until they trigger the stop loss for the trading bots, then follows a cascade and once the price flattens out they buy back what they sold. Wait for the price to rise, Rinse and repeat = make money... They can't allow PM to climb since this will torpedo the dollar and they can't push it too far down since this will trigger too large a demand of physical. So, they are happy to let it bob up and down in the $1100-$1200 range.[/QUOTE]
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