The plunge continues in the Asia market....

AnkurJ

I've never seen anything like this. As bugs bunny used to say, Greusome, isn't it?

mrpaseo

<< <i>I've never seen anything like this. As bugs bunny used to say, Greusome, isn't it? >>

Weeeeeeee, weee, wee, weeeeee

Pokermandude

It is most similar to the drop in September '11. Breaking through so many support levels it could get ugly.

I picked a bad time to go away (Europe!) for 5 weeks. Though it will save me from staring at the screen trying to time my big purchase. I'll probably hang off on buying any meaningful amount until I return... Unless something local pops up

Timbuk3

Looks like it may continue into
the US market tomorrow.

tneig

Isn't anybody going to put up the picture!

carew4me

AnkurJ

Looks like Niagara Falls!

VanHalen

It was less than 5 years ago that Ag fell to $9 and Au was $700.

I was buying then. I was also buying at $15 and $1000. And at $19 and $1200.

Sure looks like that $19 and $1200 buying opportunity will be coming around again.

Unknown

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derryb

I have seen many things that can knock down the price of gold. I still haven't seen anything keep it down.

VanHalen

<< <i>I have seen many things that can knock down the price of gold. I still haven't seen anything keep it down. >>



I agree, if it does fall to $1200, it won't stay there long.

This drop sure makes things more interesting. Seems like only last week we were talking about trading in a tight zone for years to come.......

........wait a minute! That was just last week!

AnkurJ

Looks like the bounce back has begun.

bosco5041

Does anyone have any idea of what has happened?

Cakes

<< <i>Does anyone have any idea of what has happened? >>



Typical panic, it could be a wild ride the next couple of years. All the silver I have stacked is long term, 10 plus years so I am not worried.