Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
Quite amazing to see these precious metals being crushed week after week, month after month. This morning we are seeing another round of significant damage with gold futures down 3.5% to the $1230 range and silver futures off nearly 5% to $18.60. Both have now retraced all the way back to August 2011 levels.
Disclosure Notice
Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/index.php/the-fund/holdings
