Tracking gold today after that huge sell off.
Well, if you were watching yesterday with the real time app, ExactPrice, you saw that huge sell off in gold and silver in real time.
On that note, go read Jim Sinclair on his thoughts which tell us it was a hedge fund: In The News Today
See also what David Engstrom had to say about it, to which I say, “Amen”: Lear Capital and The End of The Gold Rally
Expected Returns has some good thoughts and graphs: Gold: Maintaining Some Perspective
How much more evidence is needed? I ask: Patrick Heller: Massive drain of Comex silver inventories continues
Casey’s Daily Dispatch is a must read today: Save the Virgins!
And thanks to Laura Gross for pointing out: Shell-Shocked Americans Still Aren’t Buying Anything
Have a great July 4th, everyone.
Until next time.