It could be various reasons

    gold silver margin hikes?

    Posted by coold on 20th of Apr 2011 at 01:21 pm

    It could be various reasons for sell off.

    CME is closed on Friday and Monday I think.

    CME option expiration on Tuesday

    Fed Rate decision on Wednesday


    So several reasons coming in for possible profit taking

    agreed

    Posted by mizzy on 20th of Apr 2011 at 01:23 pm

    Just pointing out that goldman institutional clients loaded up short before this.  Margin hikes continue to be buying opps.

     

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!