I think there is a general uneasiness that the FOMC will be ambiguous with their decision on QE at the meeting next week.
People at least need to be prepared for a possible selloff if the FOMC aren't highly proactive in their move to buy up treasuries and I'm talking more than a staggered "wait and see" approach.
Markets have already factored in a lot of QE hence are trying to anticipate the decision through buying up risk assets early.
Therefore precious metals and commodities are at risk in the short-term imho. I currently hold no gold or silver stocks but will be ready on the sideline to pounce on value if stocks get oversold.
That includes buying more OVR.
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