What a prophetic luck I had on 9/24 writing about a possible leg down in ” 5 to 7 trading days”. Today, or fifth day of markets open since then, both silver & gold are down big.
Premiums are also going down, particularly for silver products: 90% has been revised lower( we are kind of late in doing this) , rounds are under 1 $ also the buffaloes ones, ASE pretty much unchanged, 100 oz bars available also for a quarter-dollar less than the previous week,
sorry to write this short update on a strong correction day, but it was much-needed after my previous post…Good luck and more updates later! ciao!