Well, sorta tumultuous, and 300-400 points down seems the rule this a.m. after the wild open spooked by the Asian and European downdrafts.
Penny and OTCBB stocks are practically moribund, scared to move in sells or buys as the major markets take all the action.
As with current past activity, gold and silver hit again. More hedge fund selling?
I wonder if a gold and silver rally will ensue at some point when people can't take it anymore and reach out for a hard asset?
It certainly has been contradictory to past events of this nature...Maybe they'll rally after the hedge and mutual funds have sold their holdings, of necessity to raise cash for margin calls and redemptions.
Every article we've read says physical buying is through the roof for coins and bars.
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