September 24, 2009
– Comments (6)
It's dropped about $25 since maket open down to $990.
Talk about an instant reaction!
Silver is also down to $16.30. Is this the beginning of a PM pull back or just the market taking a breather?
Chris,whats your take ? ....
The market is reacting to the prospects of deflation. I knew it would go down today, but I wasn't expecting this much this fast.
I am currently in wait and see mode. I certainly wouldn't buy any more PM's until we see if the market relaxes.
The only thing I'm certain about today is volatility.