Wrong

Well as we can all see now I was a little conservative with my limit to say the least.  1650 for gold and 30 for silver, wow.  Margin hike what got leaked early, COMEX delivery moving paper market, and liquidation across all classes explains the drop. again nothing fundamental has changed with physical.  Except COMEX issues are playing into driving down physical price at dealers via paper, and that's actually a positive for buying physical now.  Silver took a bigger % hit than gold, again.  When will physical and paper diverge?  Probably when COMEX misses delivery.  Maybe not though, governments putting trade restrictions on gold could also do the trick.  So, go buy some more silver.  Also, I am betting that gold still goes to 2000 after bottoming.

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