this comes from casey research, where another opinion holds that the price weakness in silver and gold will end in august:

http://caseyresearch.com/displayDrp....

“The fundamentals haven't changed for oil and gold,'' wrote Ralph Preston of Heritage West Futures. “The washout in the metals has, for the most part, run its course. I'm comfortable wading back in.”

Mark O’Byrne, the executive director of Gold and Silver Instruments Ltd. agreed that gold prices will soon recover from their beating over the past few days. “This looks likely to be the last such sell-off prior to a strong rally into the autumn, as is typical," he said.

“While gold has suffered strong selling in recent sessions, it is only working off an overbought position, and a correction and consolidation is healthy and normal,” O’Byrne added.