Visitors Now:
Total Visits:
Total Stories:
Profile image
By dailynewsforyou
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Precious Metals: Massive Paper Selling Begets Unprecedented Physical Buying

Sunday, April 21, 2013 22:34
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Massive selling of leveraged long futures positions in gold and silver markets on Monday sent prices tumbling after the first wave of selling on the Friday before as precious metals saw their steepest two-day decline in more than three decades. Over just these two trading days, the gold price fell more than 15 percent, while silver tumbled nearly 20 percent amid more talk of market manipulation as ETF investors continued to exit positions.

Read More @

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.