Well popeye, it looks like your prediction of $11.85 may well come true. It's funny when kitco.com tries to explain days like this when the metals drop so sharply. They usually blame it on the dollar strengthening or oil weakening, but sometimes they also say it's because of a "lack of investor interest". When they use that excuse, it tells me that they either have no clue as to the real reason for the drop, or they simply don't want to mention it because what the central banks do (the manipulation) is illegal. Do you agree with that?
Today they blamed it on the dollar. I saw that the dollar did strengthen a little but it wasn't a huge amount, so I doubt that was the only reason for the metals drop. Of course the market in general had a rough day also, so that could have played a role as well.