Nothing going to happen with dust until the hedge guys in GDX start to sell and the G.Soros of the world unload.
It's a shame,today dust should have hit at least $6.05 for today , but I know who is controlling this and it isn't gold or the dollar at the moment.It's the GDX Hedge fund guys.
Remember when GDX was around $20 a few months ago ?
The volume for GDX was extremely high everyday during the run up.You were here ,you remember those days.
This was the hedge guys scooping up GDX. See SEC filings of the hedge funds invested in GDX.
Everyday the volume for GDX was 75 million and well over 100 million everyday during it's insane buying.
Right now GDX volume is still too low for a PPS dip in GDX. Big players don't unload in a few days,they do it slowly due to the amount of shares they hold. If they dump all at once the price would drop too fast and cause a panic and they would lose millions.
Hedge guys control GDX and therefore control Dust PPS.
Watch the volume for GDX.Once you start to see it increase while the price slowly dips,that's a signal the GDX hedge guys are unloading.
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