SILVER breaks down below $20
GOLD also moving much lower
SHORT INTEREST is increasing in FUTURES MARKETS and is translating to a stronger U.S. DOLLAR as The Federal Reserve moves forward to further strengthen the U.S. ECONOMY through the mandate of maximum employment and price stability. Also expectations of rising interest rates sometime later this year will further weaken the precious metals. Some say GOLD and SILVER could arrive at or very near the 2007 levels. Many investors are taking part in SHORTING PRECIOUS METALS and are expecting some handsome profits over the next several months:
http://www.marketwatch.com/story/how-yellens-gamble-screwed-up-gold-2014-03-24?siteid=yhoof2
http://www.marketwatch.com/story/how-yellens-gamble-screwed-up-gold-2014-03-24?siteid=yhoof2
GLD and SLV show strong SELL SIDE PRESSURE:
...developing...