Lot’s of action. Funds doing some selling, banksters covering, yet for all the back and forth Gold was up around $50 and Silver around $.90 on the week. If they hadn’t come in yesterday with the big flushes (there were multiple) the gains would have been closer to 3+% in gold and 5% for silver.
Which makes the dumping of the shares yesterday all the more ridiculous. SNG is right though, the shares are completely managed by Blackrock. Who knows how high the metals have to be before they start going?