On a day where gold tested the $900 level (hitting $896 intra-day) and
silver broke below $17 where are hearing all kinds of rumor that some
of the big players and investors are pulling out of gold, silver,
copper and some of the other base metals.
We've been told that Dennis Gartman, editor of the Gartman Letter, has
had enough as well. Gartman wrote that “good bull markets” don't fall
in the way that gold fell on Friday. I imagine he hasn't appreciated
this weeks action either. There is an insightful report with a similar
title at the web site link below. Well worth reading.
Marc,
http://ChecktheMarkets.com