Shares In Polyus Gold Break Their Losing Streak, But Who Is Buying, Who Is Selling, And Why?
Sad to say, there is no magic in capitalism. If there were, it would have been entertaining to watch how Polyus Gold, Russias leading gold miner, suddenly broke a losing streak on Friday 20th November, and rocketed upward with a four per cent share price gain in Moscow. This came despite a five per cent drop earlier the same week, and despite forecasts from well-known brokerages and investment banks that the share price might have another five per cent to fall.
