[Danae]

Gold and silver BOTH are dropping like rocks... 7:49 Pacific time and both are going straight down on the charts. What the heck is going on? http://www.kitco.com/charts/livesilver.html

[madison10]

Someone is making it easy to buy up those commodities? Sure makes them less attractive as any sort of safety net.

[mnehring]

What the heck is going on?

Gold bugs made their profit, now they are cashing it in. This will drop the price, then they'll jump back in..

[Jewbacca]

“What the heck is going on?”

Someone realized that gold is a scam.

Gold is not an investment. At best, own some gold coins as part of a “get the heck out of dodge” fund.

Which, as things are going, is probably a good thing to have. May have use them to bribe a border guard in Costa Rica someday.

[DManA]

Maybe the IMF dumped a ton on the market?

[Silver Persian]

Gold and silver BOTH are dropping like rocks... 7:49 Pacific time and both are going straight down on the charts. What the heck is going on?

Probably because they've risen just as fast over the last month. It's a very volatile market.

[GregoryFul]

You're thinking much too short term: Gold thru the decade