Gold And Silver Are In Liquidation Mode Again

It’s happening again. Gold and silver are lin liquidation mode.

Both of the two precious metals are back to being taken to the woodshed.

Gold looks at risk of breaking below $1400/oz. again.

  • Dow Jones 30,000 Trigger Leaked by 27-Year-Old Stock Research Firm CLICK HERE
  • The Inevitable: Dow Jones 30,000 CLICK HERE
Screen Shot 2013 05 15 at 4.17.23 AM

And silver is just plain ugly.

Screen Shot 2013 05 15 at 4.17.34 AM

 

The end of the world trade (which explains a lot of gold‘s appeal) is looking less and less likely to play out as the precious metal bugs had anticipated. Meanwhile, improving economic fortunes makes it less appealing to have money in rocks. And big picture, now that the rally in gold is no longer seen as bulletproof, there just isn’t the same speculative excitement.

Source: http://www.businessinsider.com/gold-and-silver-are-falling-may-15-2013-5

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>