Making Sense of the Gold and Silver Selloffs
Posted: Thu Oct 06, 2016 9:09 pm
The author here states that THIS selloff looks like a hedgee got a big margin call and had to liquidate. If that's so, it stands to reason that the specs would front run that liquidation destroying markets as they did so. IMO, if this is so, we should see a nice rebound in the next few weeks to recover much of this unwarranted downturn.
http://www.marketslant.com/articles/common-sense-gold-and-silver-etfs
http://www.marketslant.com/articles/common-sense-gold-and-silver-etfs