Really not a horrible close. Not sure I agree with R640 that it was a buying opportunity. Seems to me the Buying Op happened when gold crossed $1250, silver $18 and the HUI crossed 200.
Nope not in this sector. Momentum gets wiped out 90% of the time, just like follow thru.
At least we came back a little at the end of the day.
No way in hell anyone is going to tell me that the big players didn’t know that the USD was going to rally hard and gold would dump early this am when the pm shares were getting hit. They knew exactly what was coming, otherwise, why were the share down with the metals up???
As you said, where is the effing SEC???