I think its pretty clear that another major takedown is coming for the metals tomorrow. The fact this is so obvious is yet another indictment of a corrupt market. There is no causal relationship that would have the PM shares able to predict a move in the metals. It makes sense if the metals move first that the shares would react in a similar move. For the shares to frequently be hammered and THEN a follow through downturn in the metals is blatant manipulation, market rigging, insider trading, and a failure in the regulatory regime to even pretend to deliver on their mandate to ensure a fair market for all participants.

I am disgusted to the point where I am tempted to sell everything I own and just buy bullion. I think the extent of the corruption is now so deep that one possible outcome is a complete meltdown ahead for all players. We are no longer talking about a small group of criminals that can be isolated and prosecuted. The corruption runs from the top down in this fraud. It is systemic.

I would love to be wrong. I have been watching this sort of thing closely for years and most of the time the shares plunge ahead of a big takedown and paper selloff generated for the metals. Its nothing that we have not seen many times and the recovery is usually very quick, after the criminals cover and harvest their profits. Fak the free markets, this is a huge scam.

cheers!

mike