Over night market goes down heavy leading into the new week, whats next?

SCFY · Jun 24, 2013

SCFY;1731945 said:

So I woke up this morning and see that the bullion market is taking another hit. The foreign market is leading out to what could be another heavy down week for the gold and silver market. I have not even mentioned Platinum or Palladium, but they both have come down as well on a pretty high amount as well. So lets talk about the fact that the mining companies are coming to a tough choice soon.

There is a big possibility that some mine companies may stop production, and shut down due to a lack of interest in the commodities market to make it worth them continuing mining. This is a huge deal! Also the US dollar has begun to rise more since Bernanke spoke about shutting down the bonds program in the near future. So with that being said, I would love to hear from some of you about how you view this market going over the summer and if the market recovers once the fall arrives. I know there is a typical down trend in the summer, but is this year different?
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Over night market goes down heavy leading into the new week, whats next?

SCFY Active Member

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Over night market goes down heavy leading into the new week, whats next?

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