InvestorsHub Logo
Followers 158
Posts 21233
Boards Moderated 4
Alias Born 02/16/2004

Re: None

Thursday, 04/04/2013 7:49:18 PM

Thursday, April 04, 2013 7:49:18 PM

Post# of 7711
Since April 1, precious metal bears should have been happier than a baseball fan sitting behind homeplate on Opening Day. Because, while that date did begin the 2013 Major League season, it also marked the start of an uninterrupted downtrend that has seen gold and silver prices plunge to nine, and eight-month lows, respectively.

But according to this April 3 news source, many market participants were ill prepared for the synchronized sell off: "Precious Metals Decline, Led by Silver... It was a big shock to the market and it reacted accordingly." (Associated Press)

That's one way to see it.

Another way is The Near-Term Bases are Loaded in Gold and Silver

.

Blasher . . .
follow me at #board-2546 . . .
and follow my Public Stock Pick Charts

.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.