Last oct / nov gold was around current levels of $1350, SLR was sitting at about .80c. I think regardless of the overnight fall the market has ignored the recent higher gold prices and focused entirely on the CR and the removal from the ASX 200 which subsequently upset some big holder/s who threw their toy/s out of the cot and forced the price down to bargain prices, we are oversold pure and simple.
Mötley fool commented on the 30% drop in SLR today stating the price fall was based on relatively little news, ( CR is apparently not worth talking about). I do think a we can sustain lower levels above $1300 and hold ground above .43.
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