To me, looks like they brought the weak hands into gold and silver and after the weak hands sold the price will drift back up (faster than most will think). Also interesting is the way PM stocks way underperformed during the spectacular rise in their products. The bottom line is the mining companies thanks to leverage are poised to be more profitable than the PM's themselves.
Most of the decent junior valuations are occuring with 1000 gold and 25 silver just before many companies are about to report record earnings.
The news on this will continue to be bleak ... the bubble burst type bs in my mind.
Its tree shaking ... Keep the faith ... keep you insurance, and most of all relax and profit from the beautiful volatility.
orgy