It should be mentioned that this entire decline is the possible result of an assault by market manipulators who have gone short on the traditional repositories of value, exactly at the end of the year, thinly-traded holiday period. The move to the downside is overextended and could indicate selling capitulation. There will be a turn around very soon. Shorts will cover. Gold and silver will rise again, benefiting the source of bullion, the gold (GDX) and silver (SIL) miners.
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