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
Making Sense of the Gold and Silver Selloffs
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Making Sense of the Gold and Silver Selloffs
by Country » Thu Oct 06, 2016 9:09 pm
Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. ~Chief Seattle, 1855
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Re: Making Sense of the Gold and Silver Selloffs
by beauanderos » Thu Oct 06, 2016 9:57 pm
we were at a point of equilibrium prior to the sell-off. I expect we'll see those same levels before the elections. 
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Re: Making Sense of the Gold and Silver Selloffs
by Cu Penny Hoarder » Tue Oct 11, 2016 7:52 pm
Why try to make sense of it?... it makes no sense.
It's so simple really... just buy these dips, hold and ignore all the noise.
It's so simple really... just buy these dips, hold and ignore all the noise.
Time is precious, stop wasting it.
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