Snippet:

"But what if the withering selling pressure devastating gold and silver this summeris artificial? What if the traders dumping the precious metals don’t actually own them in order to sell them? What if 2015’s apparent glut of gold and silver has been mostly borrowed first and then sold? And what if these short sellers used extreme leverage to dump these metals? This scenario radically changes precious metals’ "

Comment:

Today we saw a new yearly low in the price of gold.

Today we saw a new yearly low in the price of silver.

Today we saw a new yearly low in the XAU.

Today we saw a new yearly low in the HUI.

Anyone feel like the proverbial frog yet?

"We live in interesting times"

Good Luck to all!