For those who think this is a wondeful opportunity to buy the metals…I think the margin calls coming on the impending weakness will spread to nearly every inflationary asset and that the propsects for precious metals, paper, physical or imaginary are not very good.
By the looks of things, the markets are going to get UUUGGGLLLLYYYY with a capital U very soon. There is just too much leverage everywhere and when it blows up it most likely look like the Gold and Silver crashes we just saw…only those have yet to spread and, in my opinion, have quite a bit further to go.
