Plunge?

[Alfie]

POG and silver dropped through the floor!!

 

[Au-mageddon]

saw that one as it happened .. wow

 

[Jislizard]

But the GSR stayed the same (-ish) spooky!

 

[DanielM]

Well spotted!

 

[Altima]

Wow!

Is it just me, or is it because every time someone says that they have bought big, the prices drop some more?!

 

[ounces]

I almost pulled the trigger just before the plunge glad I waited

 

[Lunarowl]

Any explanation anyone?

 

[RetardedMonkey]

And it hasn't stopped.

 

[DanielM]

Any explanation anyone?

The red line on the chart is slightly going forward while also going very down

 

[DanielM]

I might be jumping on some unallocated, try hedge a good spot for when the horsies come

 

[trew]

Gold mining shares already getting whacked - didn't take long

 

[Alfie]

Just did a spot of shopping
10 kooks @ $28.30
Pretty suss, doesn't look like one of those blips we see sometimes

 

[Altima]

To be honest, I would feel stressed if it drops to 10 USD.

Not cos of the drop but cos I would have ran out of fiat to buy PMs as such stupidly cheap prices!

 

[DanielM]

To be honest, I would feel stressed if it drops to 10 USD.

Not cos of the drop but cos I would have ran out of fiat to buy PMs as such stupidly cheap prices!

Exactly, I'd probably redraw on the loan to get a couple monster boxes. You know? Because it's cheap. Not like the guys who bought at the top

 

[pdkbffwleo]

Wow!

Is it just me, or is it because every time someone says that they have bought big, the prices drop some more?!

Yep. happens every time.

#$%#^$%#^$#%@#%

 

[Golden ChipMunk]

EOFY?
watch it will drop even further.
Panic sell off.

 

[Yeti Hunter]

EOFY?

But then why the sudden drop? It was right after Hong Kong opened.... have the Chinese started cashing out?

 

[Phiber]

Is sentiment towards the metals getting worse?
It's been pretty crap since the big drop a couple of months ago but I don't feel the recent drops are dragging the sentiment further down. Maybe a big spike down would do that, but it doesn't look like this is doing much.

 

[Altima]

A drop during Asian market sessions are never a good sign!

 

[volrathy]

its been a good run now its over