Waiting For The “Second Shoe” To Drop
I have been waiting for the second shoe to drop, ever since the metals peaked last August and the first shoe fell shortly after. That was the Comex increasing margins on gold and silver to accelerate the decline from the August highs. That second margin increase (shoe) has been held in reserve for a time like now. I would not be surpised to see it soon, maybe overnite or tomorrow to cause a Tuesday take down for gold and especially silver. If they pull the trigger the selloff would be another great(and quite possibly the last) buying opportunity.
Second shoe just dropped!
Thanks dadoc1
GL
Could have a nice dip in the AM