Loading ...I think its just natural typical market action in a new down trend. Its the same action we’re familiar with re PMs.
When a long running up trend is on or near all time highs, and suddenly rolls over hard and fast, the people that entered or bought in late near the highs and soon gets caught in a big drop?? Nobody is EVER lucky enough to have short term pain and get back in the money.
This drop to me looks like at least one year downward pain for the latest high paying buyers, just to get to a bottom. Two years or more later they MIGHT get their money back.