Is there any other possible reason for this price drop besides "the banks" beating down the price because with all the rioting going on in North Africa and the Middle East I would assume that the POS would still go up. Anyways, it looks like we might get another good buying opportunity if this downtrend continues into next week.
hmm maybe that's why there were those massive dips in the Asian market the past couple of nights. I've just never seen dips like that in the Asian markets before.
Personally I think we'll see $34-$35 within the next couple weeks, shit is heating up around the world. ........which is very likely to not happen since I'm predicting it:lol:
Saw those articles on zerohedge about korean banks having to close down business due to insufficent fractional reserves. :| Yes there is alot of sh!t simultaneously happening around the world.