While I'm not surprised by the drop in #Silver, I am wondering how it fell so fast from 33.33 to 29.20 without a bounce of any kind. Even now, the 4-Hour RSI is at "18" and price is still falling. Bullion Banks anyone?
The Banks increased their net shorts in #Gold by 15% in the past two weeks, and 38% in #Silver.
The dumb money Funds increased their net longs by 18% in Gold over the past 2 weeks and "71%" in Silver.
OUCH!!!! Slammy time?
