What sell rating.I would like to see what was said. IMO all PM's are getting hit due to markets dropping. Many who hold stocks on margin will sell these first as they are not necessarily Gold silver bugs. They think gold/silver will drop also. They are wrong.
Once they see metals hold or increase they will jump back in.All stocks get hit in a big drop like we have had. But the PM's usually recover first and fast.
At this time markets don't like what Obama has said about taxes. They suspect there will be tax increases on gains and div. Now we are seeing trouble in Isreal.
My guess is Monday will be a ddown day with some recovery beginning Tuesday then carry on back to at leaset where the drop began. Charts very over sold This is just IMO.
Hang onto SAND its is a long term hold Not one to jump in and out of.
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