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Huge drop in metal prices


#1

Since the beginning of April the spot price of gold and silver has
gone way, way down–this morning silver is at $6.14! I understand
that markets fluctuate, but can anyone suggest any fundamental
reason(s) for such large decreases, or is it just as simple as
buyer’s deciding to take out their profits and sell? EVERYONE I’ve
spoken to over the last few months has predicted even higher prices
for silver (usually around $10); if this describes you, R U now
singing a different tune?

Either way, I’m going downtown this morning and loading up on
Italian chain–I figure my downside risk is a lot less than my upside
risk!

Doug